Everstone leads $150 million infusion in SaaS firm Wingify

Private equity firm (PE) Everstone Capital has led a Rs 1,381-crore ($150 million) infusion into software company Wingify, which it acquired in early 2025. Per documents sourced from the Registrar of Companies (RoC), existing shareholders including the Mankekar family, a prominent stock market investor, CEO Sparsh Gupta, and CTO Ankit Jain also participated in the round.

The infusion comes close on the heels of Wingify announcing a merger with Paris-based rival AB Tasty to create a $500 million software platform. As part of the deal, Everstone is set to buy — pending regulatory approval — the stake of certain AB Tasty shareholders and become the majority owner of the combined entity.