Intel Capital first sold half its stake in Intrasoft last month and has now exited the remaining 5.3% stake.
Intel Capital, the corporate venturing arm of chip maker Intel, has fully exited India-based Intrasoft Technologies after more than eight years, VCCircle reported on Friday.
The corporate sold its remaining 5.3% stake for Rs292m ($4.4m), following its decision last month to dispose of half its stake in the listed company. At the time, it sold a 5.1% stake for Rs280m ($4.2m).
Intel Capital had first invested in Intrasoft in 2007, providing an undisclosed sum.
Intrasoft provides back-end technology to…
