Acquisition History / Everstone Capital / Wingify Software Pvt Ltd
Everstone Capital Acquires Wingify Software Pvt Ltd
Announced January 23, 2025 — $200M
What happened
Singapore-based private equity firm Everstone Capital acquired a majority stake in Delhi-based Wingify, maker of the VWO experimentation and conversion optimisation platform, in a deal reported at about $200 million. Wingify was bootstrapped from 2010 and never raised outside capital, so the sale was a full exit for founder Paras Chopra. Annualised revenue had reached about $50 million across more than 6,000 clients.
- Acquirer
- Everstone Capital
- Target
- Wingify Software Pvt Ltd
- Announced
- January 23, 2025
- Price
- $200M
- Industry
- Marketing technology SaaS (VWO)
- Buyer type
- Private equity
- Backing investors
- Everstone Capital
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Everstone Capital acquire Wingify Software Pvt Ltd?
Everstone Capital acquired Wingify Software Pvt Ltd on January 23, 2025. This was Everstone Capital's 1st publicly tracked acquisition out of 1 we have on record.
How much did Everstone Capital pay for Wingify Software Pvt Ltd?
Everstone Capital paid $200M for Wingify Software Pvt Ltd.
What does Wingify Software Pvt Ltd do?
Singapore-based private equity firm Everstone Capital acquired a majority stake in Delhi-based Wingify, maker of the VWO experimentation and conversion optimisation platform, in a deal reported at about $200 million. Wingify was bootstrapped from 2010 and never raised outside capital, so the sale was a full exit for founder Paras Chopra. Annualised revenue had reached about $50 million across more than 6,000 clients.
What other Marketing technology SaaS (VWO) companies has Everstone Capital acquired?
Wingify Software Pvt Ltd is Everstone Capital's only publicly tracked acquisition in Marketing technology SaaS (VWO) so far.