PE-VC Fund Investments
Experience optimisation platform Wingify's VWO to merge with French co. AB Tasty; Everstone to inves
Singapore-headquartered private equity firm Everstone Capital is leading the merger of Wingify’s VWO and AB Tasty, infusing additional capital to remain the largest institutional shareholder in the combined entity.Founded in 2010 by Paras Chopra, Wingify has developed a portfolio of experimentation and user experience tools, including VWO. The merged platform is projected to achieve over USD 100 million in annual recurring revenue and serve more than 4,000 enterprise customers globally, with 90% of revenue originating from North America and Europe. The new entity will operate from 11 offices across the US, Europe, Latin America, and the Asia-Pacific region.The transaction follows Everstone's earlier plan in January 2025 to acquire a controlling stake in Wingify for about USD 200 million. This merger aims to support further product development and global expansion and to consolidate Wingify’s position in the global digital optimisation market.
For FY25, Wingify Software had reported about INR 387 Cr in Operating Income and about INR 24 Cr in PAT .
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