Skip to main content

MoneyWorks4Me

Spice Mobility’s step-down arm acquires 100% stake in SVA (Mauritius)

05 Nov 2016 Evaluate

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.



Peers
Company Name CMP
TCS 2480.50
Infosys 1143.45
HCL Technologies 1411.50
Wipro 190.05
Tech Mahindra 1770.50
View more..