Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
In AI boom, Everstone eyes SaaS firms
Mint Chennai
|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.
"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.
Dit verhaal komt uit de May 23, 2025-editie van Mint Chennai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Chennai
Mint Chennai
The ghosts that the wind and wildlife mimic
I couldn't be someone knocking on my door, could it?
5 mins
November 29, 2025
Mint Chennai
Everything that’s wrong with India’s development story
This new book inquires into the conditions under which India has tried to develop in the past 75-plus years
4 mins
November 29, 2025
Mint Chennai
Recreating Dharmendra's timeless style
The late movie superstar was the definition of what it means to have a strong personal style
1 min
November 29, 2025
Mint Chennai
Unfussy local bars make a comeback
Neighbourhood spots with affordable pricing and good food are back in the spotlight
3 mins
November 29, 2025
Mint Chennai
Women as custodians of Monpa heritage
The Monpa community in western Arunachal Pradesh is reviving its craft traditions and ploughing the surplus income into wildlife, habitat and heritage conservation
6 mins
November 29, 2025
Mint Chennai
Ahead of its IPO, Meesho bets on tech for stability
From a WhatsApp-based reseller platform a decade ago, Meesho’s journey to become the country’s first multi-category online retailer to debut on the bourses underscores the untapped potential for growth beyond the top-tier cities.
1 mins
November 29, 2025
Mint Chennai
Apple’s 5th India store to open in Noida soon
Apple announced on Friday it will open its fifth retail store in India on 1 December in Noida's DLF Mall of India—marking its second store in the National Capital Region after Delhi, which opened in April 2023.
1 min
November 29, 2025
Mint Chennai
Chill! Gen Z and Alpha haven't ruined language
Internet slang is redefining the rules of emotionally engaged communication but every generation has its own speaking shortcuts
7 mins
November 29, 2025
Mint Chennai
Reels, reacjis & conversations with friends
Emojis, GIFs, stickers, reacjis and Al-generated suggestions occupy the spaces where sentences framed by humans once thrived, leaving us to contend with how this changes the way we express, connect with, and understand each other and ourselves
4 mins
November 29, 2025
Mint Chennai
Former DBS CEO is Temasek India’s new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.
1 mins
November 29, 2025
Listen
Translate
Change font size