Intel Capital invests in InfraSoft

Mumbai: Intel Capital has invested an undisclosed amount in InfraSoft Technologies, which owns 123Greetings, a provider of online e-card services. Intel Capital is the global investment arm of Intel. The company said it made the investment through its $250 million Intel Capital India Technology Fund. The proceeds from the investment are intended to support 123Greetings’ future product launches, sales and marketing, infrastructure, and expansion both in India and internationa lly, said a news release from Intel.