PE-VC Fund Investments
Software testing platform maker Wingify raises $150-M from Everstone, others
Delhi-based Wingify , the parent company of software testing platform VWO (Visual Website Optimiser), has attracted a fresh INR 1,381 crore (USD 150 million) infusion from majority stakeholder - Private Equity firm Everstone Capital - along with other existing minority shareholders, including Vyom Mankekar and his family members and Wingify CEO Sparsh Gupta. Everstone led this rights issue round with an investment of INR 1,250 crore (USD 135 million), while Vyom Mankekar contributed INR 84 crore.Founded in 2010, Wingify provides SaaS solutions that help online businesses optimise conversion rates using its VWO tool. This fund infusion is linked to a definitive merger agreement between Wingify's VWO and Europe-based AB Tasty.
Between Jan 2025 and Jan 2026, Everstone has acquired a stake in Wingify Software in two tranches.For FY25, Wingify Software had reported about INR 386 Cr in Operating Income and about INR 23 Cr in PAT.
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