MoneyWorks4Me

Spice Mobility’s arm acquires 26% stake in Vavia Technologies

10 Sep 2014 Evaluate

Spice Mobility’s subsidiary - Spice Digital (SDL) has acquired 3,514 equity shares constituting 26% equity stake in the share capital of Bangalore based Vavia Technologies.

Vavia is an Information Technology based start up company that specializes in providing solutions to address business/consumer needs with help of internet based solutions. Vavia will develop web based products and solutions which will benefit customers of both the companies.

S Mobility is engaged in manufacturing of mobile phones. The company offers a wide range of mobile handsets catering to all segments -- low, medium, high-end.

Peers
Company Name CMP
TCS 2075.25
Infosys 994.15
HCL Technologies 1180.75
Wipro 158.60
Tech Mahindra 1495.70
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