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Posts Tagged ‘ 123Greetings.com ’

123Greetings and 123Stores.com’s venture capital backer logs out

Friday, June 3, 2016 | More »

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Intel Capital, the corporate venture capital arm of chipmaker Intel Corp, has exited its over eight-year-old investment in IntraSoft Technologies Ltd, the Indian operator of US-focused e-gifting venture 123Greetings.com. It sold its remaining 5.3% stake in the public listed firm on Friday for Rs 29....

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123Greetings.com parent raises $5.06M by selling treasury stock

IntraSoft Technologies Ltd, which owns the e-greeting cards site 123greetings.com, has raised around Rs 34.5 crore (about $5.06 million) by selling treasury stock. The shares were sold by Intrasoft Beneficiary Trust, whose sole beneficiary is the company, through bulk deals on Monday. It sold 1.2 m...

9 February, 2016 | More »

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Exclusive: Intel Capital part-exits 123Greetings.com

Chipmaker Intel’s corporate venture capital arm, Intel Capital, has part-exited from US market-focused e-gifting venture 123Greetings, clocking arguably the best returns from its portfolio in the country to date. For full report click here...

15 January, 2016 | More »

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IntraSoft Q2 revenue jumps powered by US-focused 123Stores.com

IntraSoft Technologies Ltd, which owns the e-greeting cards site 123greetings.com, said second-quarter revenue more than doubled driven by higher sales at its US-focused e-commerce unit. Revenue for the quarter ended September 30 rose to Rs 154.68 crore from Rs 59.63 crore a year earlier. Net profit...

5 November, 2015 | More »

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123Greetings.com parent raises $5.4M by selling treasury stock

Intrasoft Technologies Ltd, which owns and operates the e-greeting cards and e-com site 123greetings.com, has raised Rs 34 crore (approximately $5.4 million) by selling over one-third of its treasury stock through bulk deals on Thursday. It sold 6,70,000 shares at a price of Rs 510 per share. Bulk ...

23 July, 2015 | More »

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123Greetings.com revenues up 22% to Rs 29Cr in Q3, profit crashes due to content development cost

Intrasoft Technologies Ltd, which runs the e-greeting and e-commerce site 123greetings.com, reported 22 per cent increase in total income to Rs 29.08 crore in the third quarter ended Dec 31, 2012, over the year-ago period. The company, however, saw its net profit nosedive 78 per cent to Rs 0.82 cro...

12 February, 2013 | More »

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123Greetings.com revenue shoots 57% to Rs 20.87Cr in Q2, net profit halves

Intrasoft Technologies Ltd, which runs the e-greeting and e-commerce site 123greetings.com, reported 57.39 per cent increase in total income to Rs 20.87 crore in the second quarter ended September 30, 2012, over the year-ago period. The company, however, saw its net profit more than halve to Rs 1.2...

9 November, 2012 | More »

123Greetings’ revenues shoot up 75% YoY, PAT up 5.6%

Intrasoft Technologies Ltd, which runs the e-greeting site 123greetings.com and is one of two BSE listed Internet firms in India (the other is Naukri.com owner Info Edge India) reported 75 per cent increase in total income to Rs 18.5 crore in the fourth quarter ended March 31, 2012 over the year ag...

14 May, 2012 | More »

123Greetings.com’s Q2 PAT Up 16% YoY; Revenue Up 42%

The Diwali season boosted net profits and revenues at Intrasoft Technologies Ltd, which runs the e-greeting site 123greetings.com and is one of two BSE listed Internet firms in India (the other is Naukri.com owner Info Edge India) but that was not enough to assuage investors as Intrasoft shares cras...

14 November, 2011 | More »