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PE firms up SaaS buyouts as AI resets valuations & biz modelsOver the past year, multiple mid-to-late stage SaaS companies have seen majority stake purchases by private equity or have consolidated int...
Emergent bags major funding; Sebi greenlights PhonePe IPOHappy Wednesday! AI startup Emergent has raised fresh funding, tripling its valuation to around $300 million. This and more in today’s ETte...
Emergent's valuation triples; Wingify acquires AB TastySeven-month-old AI coding startup Emergent has racked up fresh funds as its valuation triples. This and more in today's ETtech Top 5.
Everstone-owned Wingify to buy AB Tasty, create $500 million SaaS entityEverstone-owned Wingify is acquiring Paris-based AB Tasty in a deal valuing the combined company at around $500 million. The merged firm, l...
SaaS firm Wingify acquires Blitzllama to push AI-led user researchUnder this deal, Blitzllama’s existing customers will transition to the VWO platform, and will continue to have access to its data and supp...
IFC commits $100 million to Everstone Capital's new fundThe remainder will be for co-investments by IFC and Everstone. Singapore-headquartered Everstone Capital has funds under management of $8 b...
IFC commits $100 million to Everstone CapitalThe International Finance Corporation (IFC), a World Bank arm, has committed $100 million to Everstone Capital. Approximately $60 million w...
Desi techies’ US woes; ETtech Done DealsHappy Wednesday! Indian techies in the US are raising alarms online over layoffs and a dismal job market. This and more in today’s ETtech M...
Goldman Sachs acquires controlling stake in HR SaaS firm PeopleStrong for $130 millionThis is a second major private equity buyout deal of a SaaS firm this year, after Singapore-based private equity firm Everstone Capital acq...
Wingify’s secret sauce; IndiaAI GPUs red flagsHappy Tuesday! How Wingify founder Paras Chopra charted his own entrepreneurial path from bootstrapping his company to its sale. This and m...
Behind the unconventional success of Wingify founder Paras ChopraIn January, private equity firm Everstone Capital, based in Singapore and Mumbai, acquired Wingify. Wingify is best known for its flagship ...
Logistics startup Shadowfax acquires CriticaLogShadowfax said that this acquisition will help the startup expand its offerings by introducing tailored, high-value logistics solutions acr...
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
ETtech Top 5: Top tech and startup stories of the dayHere are top 5 tech and startup stories of the day.
Tata’s big Pegatron deal; Everstone acquires WingifyTata acquires a controlling stake in Pegatron Technology India. This and more in today’s ETtech Top 5.
Everstone Capital acquires majority stake in bootstrapped SaaS firm Wingify for $200 millionFounded by Paras Chopra, Delhi-based Wingify is majorly an export-oriented firm, selling most of its software solutions to customers in dev...
With $300m SaaS co buyout, Everstone Capital spreads wingsEverstone Capital has acquired a majority stake in SaaS provider Wingify for around $300 million from its founders. Wingify, which primaril...