Announced

Everstone Capital to acquire a majority stake in Wingify.

Synopsis

Everstone Capital, a private equity firm, agreed to acquire a majority stake in Wingify, a provider of marketing technology SaaS product. Financial terms were not disclosed. “Wingify is among a select set of highly profitable, software companies emerging out of India that have carved a leading position globally. It is our second significant investment in the marketing technology space in the past 18 months. We congratulate the founders, Paras and Sparsh, on their journey and look forward to working with Sparsh and his team in Wingify's next phase of growth,” Sandeep Singh, Everstone Capital Managing Director.

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