Mumbai, May 22 -- Everstone Capital expects to increase investments in software services companies as artificial intelligence-led disruption and a normalisation in valuations create a larger pool of investible opportunities in India, top executives at the firm toldMint.

"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 thi...