Spice Mobility’s step down subsidiary - Spice VAS Africa, has acquired 100% stake in SVA (Mauritius). Consequent to the said acquisition, SVA (Mauritius) has become a wholly owned step down subsidiary of the company.
This acquisition is done with an objective of business expansion in African continent. SVA (Mauritius) is engaged in content monetization and provision of IT & Software services.
Spice Mobility is engaged in manufacturing mobile phones. Its products include smart devices, smart phones, networking phones, feature phones and archived phones. Spice Mobility operates as a subsidiary of Spice Group.
