Mergers, Acquisitions, and Business Moves by VWO
Linklaters advises VWO on its combination with AB Tasty
VWO and AB Tasty have entered a binding agreement to combine, creating a leading digital experience optimization platform. The merger, advised by Linklaters, will offer AI-led experimentation and per...sonalization with over 4,000 customers and $100 million in revenue. Everstone Capital, VWO's majority shareholder, will invest additional capital and remain the largest institutional shareholder.
VWO and AB Tasty Join Forces to Redefine the Future of Digital Experience Optimization - Entrepreneur
VWO and AB Tasty have agreed to merge, creating a digital experience optimization platform with AI capabilities. The combined company will generate over $100 million in annual revenue, serving more t...han 4,000 customers globally. Everstone Capital leads the transaction, investing additional capital. Key executives from both companies will lead the new entity, aiming to enhance customer engagement and expand their technological platform.
Everstone to merge Wingify with AB Tasty after buying out key ... - Mint
Everstone Capital is merging Wingify with French company AB Tasty, following significant capital investment to acquire AB Tasty's captable. This merger aims to enhance Wingify's enterprise strategies... and expand its AI capabilities, positioning the combined entity to exceed $100 million in annual recurring revenue. The merger reflects the maturity of India's SaaS ecosystem, with both companies maintaining profitability and key leadership roles.
Wingify's VWO to merge with AB Tasty; Everstone to infuse fresh capital
Wingify's VWO and AB Tasty have signed a definitive agreement to merge, creating a digital experience optimization platform with over $100 million in annual recurring revenue and a global customer ba...se of more than 4,000 enterprises. Everstone Capital, the majority stakeholder in VWO, will infuse additional capital to support product development and global expansion.
Wingify Buys Blitzllama To Give An AI Boost To VWO Platform - Inc42
Wingify has acquired AI startup Blitzllama to enhance its Visual Website Optimiser (VWO) platform. The acquisition aims to integrate AI-driven user feedback into VWOs tools, enhancing user research c...apabilities. Blitzllamas technology will help VWO users quickly translate user inputs into product improvements. The acquisition aligns with Wingify's strategy to boost product intelligence for digital-first businesses.
Funding News and Financial Performance of VWO
Wingifys FY25 Profit Falls 61% Despite 34% Revenue Growth Surge - BW Disrupt
Wingify's FY25 revenue grew by 34% to Rs 386 crore, driven by its VWO tool, but net profit fell 61% to Rs 24 crore due to rising costs, including an 88% increase in employee expenses. Everstone's acq...uisition of a majority stake in January 2025 marked a significant SaaS deal in India.
Leadership and Executive Team Updates at VWO
Wingify expands to Middle East and Africa, strengthens leadership team
Wingify expands to Middle East and Africa, strengthens leadership team
Corporate News and Organizational Updates on VWO
Wingify focuses on enterprise sales, aims for 50% revenue contribution by 2027
Wingify is shifting its focus from small and medium businesses to enterprise sales, aiming for 50% revenue from large enterprises by 2027. The company is expanding its global sales team and targeting... deals over $500,000. This strategic pivot follows Everstone Capital acquiring a majority stake, providing Wingify with resources and a broader network to support growth.