SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

UK’s SRAM & MRAM Group to invest $100 million in SpiceJet’s arm

15 May 2023 Evaluate

United Kingdom?based SRAM & MRAM Group will invest $100 million in SpiceXpress and Logistics, a subsidiary of SpiceJet. Both sides have signed a MoU as part of the investment deal. SpiceJet recently completed the hive off ‘SpiceXpress’ into a separate entity effective April 1, 2023 paving the way for the company to raise funds independently. 

Headquartered in United Kingdom, SRAM & MRAM group is a leading international conglomerate with offices in Cambodia, South Africa, Indonesia, Malaysia, Bahrain, Georgia, India & Bangladesh. The Group’s interests are spread across multifarious services, business verticals and operations viz., agricultural and agro?food products, neural networks, artificial intelligence, hedge fund management, forex management, hospitality services and solutions, information technology, media and publishing, embedded systems and infrastructure.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.


SpiceJet Share Price

13.88 -0.26 (-1.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4638.75
SpiceJet 13.88
Raymond 422.05
Global Vectra Helico 203.85
Taneja Aerospace 281.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×