Archive · 20 Jan 2026
Everstone Merges Wingify with AB Tasty
Everstone Capital is merging two companies, Wingify from India and AB Tasty from France.
Wingify helps businesses improve their websites, and AB Tasty does something similar.
Everstone bought out most of AB Tasty's investors to make this happen.
The combined company will be bigger and make more money, over $100 million a year.
The leaders from both companies will still be involved.
This merger is part of a bigger trend where Indian tech companies are growing and might go public soon.
The new company will have over 4,000 customers and 800 employees across the world.
The leaders from both companies will keep their ownership in the new company.
Everstone Capital is merging Wingify with AB Tasty after buying out most of AB Tasty's investors.
The combined entity will have over $100 million in annual recurring revenue and over 4,000 customers.
AB Tasty's co-founders will take on new roles in the merged company but will no longer be on the board.
Wingify's revenue grew to ₹386 crore in FY25, but profit declined due to increased expenses.
The merger aims to enhance enterprise strategies and invest more in AI, with plans to integrate into a single platform over the medium term.
- Who
- Everstone Capital, Wingify, AB Tasty
- What
- Merger of Wingify and AB Tasty
- When
- Details not specified, but recent
- Where
- Global, with key operations in India and France
- Why
- To scale up the combined business and enhance enterprise strategies
- Companies Involved
- Wingify, AB Tasty
- Investors in AB Tasty
- Credit Mutuel Equity, Korelya Capital, Omnes Capital, Partech Partners, XAnge
- AB Tasty's Last Funding Round
- $40 million Series C in 2020
- Total Funding for AB Tasty
- $64 million
- Wingify's Annual Recurring Revenue
- Approaching $60 million (pre-merger)
- Combined Entity's Annual Recurring Revenue
- Over $100 million
- Wingify's Operating Revenue (FY25)
- ₹386 crore
- Wingify's Profit (FY25)
- ₹24 crore
- Wingify's Revenue (FY24)
- ₹301.5 crore
- Wingify's Profit (FY24)
- ₹61 crore
- Combined Entity's Customers
- Over 4,000
- Combined Entity's Employees
- 800-plus
- Combined Entity's Offices
- 11 offices in North America, LATAM, Europe, and APAC
- Combined Entity's Revenue Sources
- 90% from the United States and Europe