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==History==
==History==
Spice Digital was incorporated in 2000 by [[Bhupendra Kumar Modi]] with a staff of 13. In July 2006, the company invested Rs 100 crores to soup up its technology and expand its product line and set up a Rs 50 crore incubation fund for startup ventures.<ref>[http://economictimes.indiatimes.com/News/News_By_Industry/Telecom/Cellebrum_charts_Rs_100-cr_expansion_plan/articleshow/1289021.cms Expansion]</ref> By 2006, the company employed 400 people.<ref>{{cite news|url=http://economictimes.indiatimes.com/articleshow/1819347.cms|title=VAS provider Cellbrum to double headcount|date=27 July 2006|newspaper=The Economic Times}}</ref> It revamped its operations in 2007 to enhance its research and development capabilities.<ref>{{cite web|url=http://www.financialexpress.com/news/cellebrum-goes-for-a-major-revamp/241728/|title=Cellebrum goes for a major revamp|date=21 November 2007}}</ref>
Spice Digital was incorporated in 2000 by [[Bhupendra Kumar Modi]] with a staff of 13. In July 2006, the company invested Rs 100 crores to soup up its technology and expand its product line and set up a Rs 50 crore incubation fund for startup ventures.<ref>[http://economictimes.indiatimes.com/News/News_By_Industry/Telecom/Cellebrum_charts_Rs_100-cr_expansion_plan/articleshow/1289021.cms Expansion]</ref> By 2006, the company employed 400 people.<ref>{{cite news|url=http://economictimes.indiatimes.com/articleshow/1819347.cms|title=VAS provider Cellbrum to double headcount|date=27 July 2006|newspaper=The Economic Times}}</ref> It revamped its operations in 2007 to enhance its research and development capabilities.<ref>{{cite web|url=http://www.financialexpress.com/news/cellebrum-goes-for-a-major-revamp/241728/|title=Cellebrum goes for a major revamp|date=21 November 2007}}</ref>

==Products and services==
Spice Digital received a semi-closed pre-paid payment wallet license from the [[Reserve Bank of India]] (RBI) on 9 April 2015.<ref>{{Cite web |date=2022-11-18 |title=Stake com {{!}} Licenses & Marks of Approval |url=https://stake-india.in/license/ |access-date=2023-03-16}}</ref> The license was valid up to 30 June 2020.<ref>{{Cite web|url=https://rbi.org.in/scripts/PublicationsView.aspx?Id=12043|title=Reserve Bank of India - Publications}}</ref><ref>{{cite web|url=http://www.medianama.com/2015/05/223-spice-digital-prepaid-wallet-license/|title=Spice Digital gets a wallet license from RBI - MediaNama|first=Shashidhar|last=KJ|website=www.medianama.com|date=21 May 2015}}</ref>


==Acquisitions and subsidiaries==
==Acquisitions and subsidiaries==

===Spice Digital (Africa)===
In early 2010, operations were started in [[Africa]] with headquarters in [[Nairobi]], [[Kenya]]. In 2013, after massive expansion, the headquarters was shifted to [[Johannesburg]], [[South Africa]].


===DiGiSPICE===
===DiGiSPICE===

Revision as of 11:23, 4 March 2024

Spice Digital Limited
Company typePrivate
Industry
Founded2000; 24 years ago (2000)
FounderBhupendra Kumar Modi
Headquarters,
Number of locations
Noida, Mohali
Key people
  • Dilip Modi
    (CEO)
  • Vinit Kishore
    (CFO)
  • Prashant Hansraj
    (COO)
Products
ServicesGST Suvidha provider, Travel, Telecom, enterprise solutions[buzzword], Internet of things, m-government services
Number of employees
550
ParentDiGiSPICE Technologies
Websitewww.digispice.com

Spice Digital Limited (formerly registered as Cellebrum Technologies) is an Indian telecommunications company headquartered in Noida, India, as a subsidiary of Spice Connect.

History

Spice Digital was incorporated in 2000 by Bhupendra Kumar Modi with a staff of 13. In July 2006, the company invested Rs 100 crores to soup up its technology and expand its product line and set up a Rs 50 crore incubation fund for startup ventures.[1] By 2006, the company employed 400 people.[2] It revamped its operations in 2007 to enhance its research and development capabilities.[3]

Acquisitions and subsidiaries

DiGiSPICE

Vavia Technology

On September 5, 2014, Spice Digital acquired 26 per cent (3,514) equity shares in share capital of Bangalore-based startup Vavia Technologies.[4]

Spice Digital has since divested its entire equity stake of 26 percent in Vavia Technologies.[5]

Anytime Learning

In January 2015, Spice Digital acquired 38.53% stake in Anytime Learning Private Limited, the Noida-based online education provider. Consequently, Anytime Learning has become an Associate Company of Spice Digital.[6][7]

Spice Stellar Mobile Series

This is a series of mobiles launched by Spice Digital. As of February 2013 this series has five Android smartphones, including a tablet. They are Stellar Xtacy (known as mi-352), Stellar Craze (known as mi-335), Stellar Nhance (known as mi-435), Stellar Pad (known as mi-1010), Stellar Virtuoso (known as mi-495), and Stellar Pinnacle (known as mi-530).[8]

On 4 July 2014, Spice launched its all-new Stellar 445 budget quad-core smartphone in India.[9]

Spice Mobile launched the new budget smartphone Stallar 405 in India.[10]

See also

References

  1. ^ Expansion
  2. ^ "VAS provider Cellbrum to double headcount". The Economic Times. 27 July 2006.
  3. ^ "Cellebrum goes for a major revamp". 21 November 2007.
  4. ^ "Business News Today: Read Latest Business news, India Business News Live, Share Market & Economy News".
  5. ^ "Spice Mobility up 14% as subsidiary sells 26% stake in Vavia". Moneycontrol. 26 August 2016.
  6. ^ "Spice Mobility subsidiary acquires 38.53% stake in Anytime Learning". Moneycontrol. 16 January 2015.
  7. ^ Mukherjee, Riddhi (16 January 2015). "Spice Digital picks up 38.5% stake in e-learning venture Anytime Learning - MediaNama". www.medianama.com.
  8. ^ "Home". spicestellar.com.
  9. ^ http://www.abplive.in/gadget/2014/07/04/article356165.ece/Spice-launches-its-new-Stellar-445-budget-quad-core-smartphone-in-India#.U7awdPmSzTo [dead link]
  10. ^ Spice Stallar 405 budget smartphone launched in India. tech4me.in