Leading BPO company, Genpact is believed to be looking for strategic acquisitions to fill the gaps in its services portfolio. This was learnt by JP Morgan Securities after Genpact’s analyst day held recently.

However the company is being patient and is in no hurry. The Genpact management believes that the valuations will get 'more realistic' over the next six months said a report in the Economic Times. Last year, Genpact had evinced interest in entering the Middle East market.

The company also noted that potential customers that had not been inclined towards outsourcing in the past are now exploring a BPO relationship. But the economic slowdown has delayed sales cycles as the decision making is taking a long time.