Wingify Breaks Bootstrapping Streak with a Landmark $150 Million Investment Led by Everstone Capital
What is the news?
Wingify, the globally recognized software company behind the Conversion Rate Optimization (CRO) platform VWO, has entered a new chapter of growth. According to recent reports, the New Delhi-based firm has raised approximately $150 million in a funding round spearheaded by Everstone Capital. Founded by Paras Chopra and currently led by CEO Sparsh Gupta, Wingify has long been celebrated in the startup ecosystem as a rare example of a highly profitable, “bootstrapped-to-millions” success story.
Why is it interesting?
This significant capital infusion is poised to accelerate Wingify’s mission of empowering global enterprises with data-driven experimentation tools. By leveraging India’s deep engineering talent and intellectual capital, Wingify has already established a footprint in over 90 countries, serving iconic global brands. This latest move highlights the maturity of Indian-origin founders who are shifting from lean operations to aggressive global expansion, further positioning India as a central node in the global SaaS landscape.
The investment will likely be utilized to enhance Wingify’s suite of products with advanced Artificial Intelligence capabilities, ensuring it remains at the forefront of the marketing technology sector. As the company scales, it continues to serve as a beacon for the Indian founders community, proving that products “built in India, for the world” can command significant private equity interest and global market leadership.
Read more: Exclusive: Everstone and others inject $150 Mn fresh capital into Wingify