Everstone Strikes Gold: $200M Deal for Wingify, India’s Bootstrapped SaaS Titan
From Bootstrapped to Blockbuster: Wingify’s $200M Exit
Private equity powerhouse Everstone has just sealed a MAJOR deal, acquiring a majority stake in Wingify, one of India’s most iconic bootstrapped SaaS success stories, for a jaw-dropping $200 million. This isn’t just another acquisition—it’s a testament to the relentless hustle of founder Paras Chopra, who built Wingify from the ground up without a single dime of external funding since 2010. 🚀
The Wingify Story: A SaaS Legend in the Making
What started as a two-person operation in Delhi has exploded into a global software empire with over 6,000 clients across 90 countries. Wingify’s flagship product, Visual Website Optimizer (VWO), is a game-changer for businesses looking to crush their online conversion rates through A/B testing and customer experience optimization. With an annualized revenue run rate of $50 million, Wingify isn’t just surviving—it’s thriving.
“This deal is a massive win for bootstrapped startups everywhere. It proves that with grit, vision, and relentless execution, you can build a global powerhouse without selling your soul to investors.”
— Industry Insider
Why This Deal Matters
- Founder’s Payday: Paras Chopra, who owned 71% of Wingify, will retain a minority stake post-acquisition, cashing in on over a decade of hard work.
- Global Reach: Wingify competes head-to-head with giants like Optimizely and Bloomreach, serving clients from startups to enterprises.
- Everstone’s Tech Ambitions: This acquisition adds to Everstone’s growing portfolio, signaling their confidence in India’s booming SaaS ecosystem.
Wingify’s Secret Sauce: A Product That Delivers
Wingify’s product suite is designed to scale with businesses of all sizes. From a free tier for up to 50,000 visitors to enterprise plans costing $70,000, VWO is a must-have tool for anyone serious about optimizing their online presence. It’s no wonder they’ve become a global player in the competitive SaaS space.
What’s Next for Wingify?
With Everstone’s backing, Wingify is poised to scale even further, expanding its product offerings and cementing its position as a global SaaS leader. For Paras Chopra, this deal is more than just an exit—it’s a validation of his vision and a launchpad for the next chapter of Wingify’s journey.
“The future of SaaS is in India, and Wingify is leading the charge. This deal is just the beginning.”
— TechCrunch Analyst
Final Thoughts
This deal isn’t just a win for Wingify and Everstone—it’s a win for every bootstrapped founder out there dreaming big. It’s proof that with the right product, the right team, and the right mindset, you can build something extraordinary. So, what’s YOUR next move? 🚀