Everstone Capital Acquires Majority Stake in Wingify, Strengthens Its Tech Investment Portfolio
Summary
MUMBAI, India & NEW DELHI--(BUSINESS WIRE)--Singapore-based private equity firm Everstone Capital acquires a majority stake in Wingify, a leading global provider of marketing technology SaaS product, VWO. Co-founder & CEO Sparsh Gupta and the leadership team will continue to hold a substantial equity stake in Wingify, retaining a majority of their shareholding to collaborate with Everstone in driving the company’s next phase of growth. I look forward to remaining involved as a shareholder and board member, providing guidance and support to ensure the companys continued achievements,” said Paras. Wingify adds to the formidable technology franchise at Everstone Capital which has spanned investments in multiple sub sectors including tech enabled business services (Omega, Everise, MediaMint), digital engineering (Apexon, C Prime) and software (Acqueon),” said Avnish Mehra, Vice Chairman, head of private equity at Everstone Capital. Everstone Capital is committed to driving economic growth and creating sustainable value in India and Southeast Asia, with a mission to build great businesses with extraordinary people.