Poging GOUD - Vrij
In AI boom, Everstone eyes SaaS firms
Mint Hyderabad
|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 Hyderabad.
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 Hyderabad
Mint Hyderabad
Bond market is tilting back to listed debt—and it may last
An ISIN (International Securities Identification Number) is a unique, 12-character alphanumeric code that globally identifies a specific bond.
3 mins
December 17, 2025
Mint Hyderabad
Indian auto parts cos bet on China amid West's EV U-turn
Ford's brutal EV lesson could further nudge Indian auto component suppliers towards East
3 mins
December 17, 2025
Mint Hyderabad
Aggarwal to release all share pledges
Ola Electric’s founder Bhavish Aggarwal has undertaken a limited monetization of his personal shareholding to fully release all promoter-level share pledges totalling ₹260 crore, according to persons from the company aware of the matter.
1 min
December 17, 2025
Mint Hyderabad
Apple vs CCI: Delhi HC defers hearing
The Delhi High Court on Tuesday postponed the hearing in Apple Inc.’s challenge to India’s amended competition law provisions, which allow penalties to be calculated based on a firm’s global turnover, rescheduling the matter to 27 January 2026.
1 min
December 17, 2025
Mint Hyderabad
Saregama backs Sanjay Leela Bhansali firm
Music label and entertainment firm Saregama India Ltd will be investing in filmmaker Sanjay Leela Bhansali-promoted Bhansali Productions Pvt. Ltd as part of a strategic partnership to enhance content output, the two companies said in a joint statement.
1 mins
December 17, 2025
Mint Hyderabad
AI use of original work: A reverse Robin Hood proposal
Last week, the Department for Promotion of Industry and Internal Trade (DPIIT) released a working paper on ‘Generative Al and Copyright, recommending a ‘hybrid model that it claims will balance the need to promote Al development with creator rights.
3 mins
December 17, 2025
Mint Hyderabad
CCI nod to Coinbase's stake buy
Fair trade regulator Competition Commission of India (CCI) on Tuesday approved US-based cryptocurrency platform Coinbase’s proposal to acquire a minority stake in DCX Global Ltd.
1 min
December 17, 2025
Mint Hyderabad
HC directs DGCA to reply to contempt plea of pilots' body
Indian Pilots' Guild filed the plea over non-implementation of flight duty norms
1 mins
December 17, 2025
Mint Hyderabad
Panel to lay report on IBC overhaul in Lok Sabha today
A Lok Sabha panel that reviewed the Insolvency and Bankruptcy Code (Amendment)
1 mins
December 17, 2025
Mint Hyderabad
After a generation of peace, Europe tells its people to prepare for war
European security officials now regularly broadcast a message nearly unimaginable a decade ago: get ready for conflict with Russia.
4 mins
December 17, 2025
Listen
Translate
Change font size