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X91 Capital Trust is a newly registered SEBI Category III Alternative Investment Fund based in Kolkata, West Bengal. The trust received its SEBI registration in July 2025 and is associated with Sharad Kajaria, co-founder and director of IntraSoft Technologies Limited — a BSE/NSE-listed e-commerce and internet company headquartered at 145 Rash Behari Avenue, Kolkata. IntraSoft Technologies (NSE: ISFT) operates 123Stores.com, a US-focused e-commerce platform, and 123Greetings.com, a global e-card destination. X91 Capital Trust reflects the entrepreneurial capital allocation and investment ambitions of the Kajaria family, who have built over two decades of experience in technology and internet businesses. As a Category III AIF, the fund may deploy capital across complex or diverse strategies including listed equities and derivatives. The fund's official website (x91capital.com) is currently under construction, and no public investment strategy or portfolio has been disclosed as of registration.
Sharad Kajaria
Contact Person / Director
Sharad Kajaria is co-founder and Whole-time Director of IntraSoft Technologies Limited (NSE: ISFT), a Kolkata-based internet and e-commerce company he co-founded with his brother Arvind Kajaria in 1996. He has over 25 years of experience in internet technologies, e-commerce, and new media. He also co-founded 123Greetings.com and 123Stores, Inc.
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