Intel Capital sells half its stake in IntraSoft at a profit

By TEAM VCC

  • 16 May 2016
Premium
Other | Credit: Reuters

Intel Capital, the corporate venture capital arm of chipmaker Intel Corp, has sold almost half its stake in the Indian operator of US-focused e-gifting venture 123greetings.com in its first exit activity this year.The firm offloaded a 5.09% stake in Mumbai-listed IntraSoft Technologies Ltd for almost Rs 28 crore ($4.2 million) ......

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