India, Feb. 27 -- In the past three years what we have come to realise is that AI is set to bring in sweeping changes across industries, and naturally, the horizon for SaaS and software investors has also widened. Stellaris Venture Partners, known for its SaaS bets, including Whatfix (which is IPO bound), Revenuehero, GTM Buddy, and Slintel believes that with the AI boom, SaaS is being put through the churner as well.

Perhaps as a result of this churn, Stellaris is shifting its investment focus from horizontal to vertical SaaS and also keeping an eye on AI-powered productisation of the services economy. And finally, there's consumer-focussed AI applications, which have gained more prominence in the fund's thesis since the end of 2024, pa...