Spice Digital


Spice Digital Limited is an Indian telecommunications company headquartered in Noida, India, a subsidiary of . The company specializes in Mobile Value Added Services, along with Telco Solutions, enterprise solutions, financial technology, GST Suvidha Provider, and digital transformation products and services.
provides multiple services to merchants and retail counters. Spice Money is available in 7 Indian languages and offers services like money transfer/remittance, aadhaar based mini ATM, mobile recharges, utility bill payments BBPS, travel booking, MPOS, buy insurance and buy/sell gold. It is involved in micro-payment of services and remittances in real time i.e. where sender provides cash and the recipient receives money electronically in their bank account simultaneously.
And is known to its customers as a thriving, innovation-led organization. With extensive experience in running telecom services in India, creating telecom-focused IT and content solutions and building fintech platforms and mobile ecosystems for government services, DiGiSPICE has catered to a diverse set of customer needs, whilst keeping pace with the rapid evolutions in the tech industry.

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. By 2006, the company employed 400 people. It revamped its operations in 2007 to enhance its research and development capabilities.

Timeline

2000:
Company inception - servicing telecom operators in India.
2009:
SDL incorporated Spice VAS Africa with a local managing partner.
2012:
SDL started new business units:
2013:
Launched B2B Travel & Tourism solution with the business name Spice Money.
2014:
Launched premium e-ticketing platform bdtickets.com in Bangladesh.
2015:
2016:
2017:
2018:
Spice Digital received a semi-closed pre-paid payment wallet license from the Reserve Bank of India on 9 April 2015. The license is valid up to 30 June 2020.

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

Since 2000, Technologies Ltd. is known to its customers as a thriving, innovation-led organization. With extensive experience in running telecom services in India, creating telecom-focused IT and content solutions and building fintech platforms and mobile ecosystems for government services, DiGiSPICE has catered to a diverse set of customer needs, whilst keeping pace with the rapid evolutions in the tech industry. Our in-depth knowledge of digital domains, acute technical insight, customer first approach and agile service delivery has helped us achieve a leading position in the segments we operate in.

Vavia Technology

On September 5, 2014, Spice Digital acquired 26 per cent 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.

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.

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, Stellar Craze, Stellar Nhance, Stellar Pad, Stellar Virtuoso, and Stellar Pinnacle. Where Xtacy is a low-budget Android phone, the Craze, Nhance and Pad is mid-budget phones and tablet, and the Virtuoso and Pinnacle are high-end multimedia phones. Nhance is also placed in this category because of its features and price.
On 4 July 2014, Spice launched its all-new Stellar 445 budget quad-core smartphone in India.
Spice Mobile launched the new budget smartphone Stallar 405 in India.