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.
