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This is an old revision of this page, as edited by AmusingWeasel (talk | contribs) at 11:40, 4 March 2024 (AmusingWeasel moved page Spice Digital to Spice Money: Per this source (https://www.cnbctv18.com/technology/spice-money-ropes-in-sonu-sood-as-brand-ambassador-in-return-for-minority-equity-stake-7724431.htm), Spice Digital shut down its telecom business and merged into Spice Money, its digital banking unit). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Spice Digital Limited
Company typePrivate
Industry
Founded2000; 24 years ago (2000)
FounderBhupendra Kumar Modi
Headquarters
Noida, Uttar Pradesh
,
India
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.

Spice Digital has since divested its entire equity stake of 26 percent in Vavia Technologies.[4]

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.[5][6]

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. ^ "Spice Mobility up 14% as subsidiary sells 26% stake in Vavia". Moneycontrol. 26 August 2016.
  5. ^ "Spice Mobility subsidiary acquires 38.53% stake in Anytime Learning". Moneycontrol. 16 January 2015.
  6. ^ Mukherjee, Riddhi (16 January 2015). "Spice Digital picks up 38.5% stake in e-learning venture Anytime Learning - MediaNama". www.medianama.com.
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