Singapore-based firm Everstone Capital picks up majority stake in software company Wingify

Everstone Capital, a Singapore based private equity company, said it has acquired a majority stake in Wingify, which provides marketing technology Software as a Service (SaaS) product, Visual Website Optimizer (VWO) for an unspecified amount. 

“Wingify is among a select set of highly profitable, software companies emerging out of India that have carved a leading position globally,” said Sandeep Singh, Managing Director, Everstone Capital. 

Co-founder & CEO, Sparsh Gupta and the leadership team will continue to hold a majority of their shareholding. “We are confident that our partnership with Everstone will enable us to accelerate our expansion plans and further strengthen our global footprint. This paves the way for us to scale new heights in innovation and market reach.” Mr. Gupta said.

Paras Chopra, founder of the company, will continue to be a shareholder and remain on the board.