कोशिश गोल्ड - मुक्त

In AI boom, Everstone eyes SaaS firms

Mint Kolkata

|

May 23, 2025

Everstone Capital expects to increase investments in software services companies as artificial intelligence-led disruption and a normalization in valuations create a larger pool of investible opportunities in India, top executives at the firm told Mint.

- Priyamvada C. & Ranjani Raghavan

"While we have deployed a meaningful amount of capital in software, we are seeing more companies within the $30-70 million revenue mark in India that believe in measured growth with good economics and we will find more such assets to address that segment," Sandeep Singh, managing director at Everstone, said in an interview. He did not specify any companies.

The investment firm bought a majority stake in India-origin SaaS startup Wingify for about $200 million earlier this year. Wingify has an annual recurring revenue exceeding $50 million and gets about 90% of its revenue from the US and Europe.

Mint Kolkata से और कहानियाँ

Mint Kolkata

Mint Kolkata

The dollar is far from dead and the yuan is not staging a coup

Greenback doomsayers got it wrong. The dollar's reign is not over

time to read

3 mins

October 10, 2025

Mint Kolkata

Mint Kolkata

Sebi's Ananth Narayan steps down

Narayan headed market regulation and the department dealing with foreign investors.

time to read

1 min

October 10, 2025

Mint Kolkata

Mint Kolkata

Corporate governance needs to go well beyond mere compliance

Shareholders now demand more than mere regulatory compliance to monitor the governance of companies they partly own

time to read

3 mins

October 10, 2025

Mint Kolkata

Intel unveils new tech in turnaround push

Intel Corp., the embattled chipmaker now backed by the US government, introduced new products and manufacturing technology that are central to its turnaround bid.

time to read

1 min

October 10, 2025

Mint Kolkata

Shipbuilding stocks are likely to stay anchored

India's shipbuilding stocks are trading well above their 200-day moving average, a sign of rising investor confidence.

time to read

3 mins

October 10, 2025

Mint Kolkata

Silver ETFs fired up by scarcity, festivals

Silver exchange traded funds or ETFs opened Thursday with a record 10-12% premium to spot prices, underscoring a scramble for the metal as festive buying, industrial use, and investor FOMO (fear of missing out) drove up demand against tight supplies.

time to read

1 min

October 10, 2025

Mint Kolkata

Go First files plea against Air Works

Bankrupt airline Go First has filed a fresh plea before the National Company Law Tribunal (NCLT), Delhi, seeking the release and disclosure of several aircraft components, primarily small tyres and wheels, that it claims are being withheld by maintenance, repair and overhaul (MRO) firm Air Works India (Engineering) Pvt. Ltd, a subsidiary of the Adani Group.

time to read

1 min

October 10, 2025

Mint Kolkata

Mint Kolkata

Nestlé looks beyond Maggi, bets on India petcare boom

Nestlé SA sees India as a potential top-three global petcare market after the US and China

time to read

2 mins

October 10, 2025

Mint Kolkata

Mint Kolkata

Tax residency depends on your travel pattern and primary base

I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.

time to read

2 mins

October 10, 2025

Mint Kolkata

It is time to strengthen India-Afghanistan ties

An Afghan minister's visit right after New Delhi joined hands with other countries to rebuff America's eyeing of Bagram offers us a chance to re-imagine the regional balance of power

time to read

2 mins

October 10, 2025

Listen

Translate

Share

-
+

Change font size