
Everstone Capital is merging its portfolio company Wingify with French content optimization firm AB Tasty, creating a combined entity valued around $400-500 million with over $100 million in annual recurring revenue. Everstone is buying out certain AB Tasty shareholders to hold a majority stake. Wingify CEO Sparsh Gupta will lead the merged company, with AB Tasty co-founders joining the leadership team. This merger reflects the growing maturity of India's SaaS ecosystem and its increasing presence in global markets.
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