Everstone acquires bootstrapped Indian startup Wingify for $200M | TechCrunch
Private equity firm Everstone has reached a deal to acquire a majority stake in Wingify, one of India’s earliest bootstrapped software-as-a-service success stories, for about $200 million, three sources familiar with the matter told TechCrunch.
The deal, finalized this week, marks a significant exit for Wingify’s founder Paras Chopra, who built the SaaS startup without external funding since its inception in 2010.
Delhi-based Wingify has grown from a two-person startup into a profitable global s...
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