About Spice Digital
Spice Digital is a company based in Noida (India) founded in 2000.. Spice Digital has raised $20 million across 1 funding round from investors including MediaTek. The company has 99 employees as of March 28, 2024. Spice Digital has completed 1 acquisition, including Beoworld Sdn Bhd.
- Headquarter Noida, India
- Employees 99 as on 28 Mar, 2024
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Email
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Phone
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Website
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Social
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- Legal Name Spice Labs Private Limited
- Date of Incorporation 25 May, 2009
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$381.7 K (USD)22.17as on Mar 31, 2017
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Net Profit
$-35.37 K (USD)24.93as on Mar 31, 2017
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EBITDA
$-2.48 K (USD)97.42as on Mar 31, 2017
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series A
Jul 29, 2011
- Investors
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Employee Count
99
as on Mar 28, 2024
- Investments & Acquisitions
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Funding Insights of Spice Digital
Spice Digital has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in July 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $20.0M
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First Round
First Round
(29 Jul 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2011 | Amount | Series A - Spice Digital | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Spice Digital
Spice Digital has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MediaTek. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of AI-based neural processing unit chipsets
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spice Digital
Spice Digital has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Beoworld Sdn Bhd. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile app development platform for MTK and Android is provided.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spice Digital
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spice Digital Comparisons
Competitors of Spice Digital
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spice Digital
Frequently Asked Questions about Spice Digital
When was Spice Digital founded?
Spice Digital was founded in 2000 and raised its 1st funding round 11 years after it was founded.
Where is Spice Digital located?
Spice Digital is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Spice Digital a funded company?
Spice Digital is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on Jul 29, 2011.
How many employees does Spice Digital have?
As of Mar 28, 2024, the latest employee count at Spice Digital is 99.
What is the annual revenue of Spice Digital?
Annual revenue of Spice Digital is $381.7K as on Mar 31, 2017.
What does Spice Digital do?
Spice Digital (SDL) provides Mobile Value Added Services (MVAS), mobile applications and Internet products and services in verticals including telecom operators, financial services, mobile advertising and enterprise mobility sectors. Its telco solutions include Mobile Value Added Services such as Music, Astro and Devotional, Social Networking, Video Search, Utility VAS, Infotainment, Rural and m-Education services; and technology solutions such as customer data analytics, USSD, call management suite, IVR platform, mobile wallet platform, etc. to help Telcos in revenue enhancement, churn management and customer care. SDL delivers these offerings over IVR, SMS, USSD, WAP and Apps. It also provides subscriber big data analytics solution. The company claims to have catered more than 50 operators and 40 enterprises, globally. Spice Digital is a subsidiary of S Mobility (part of Spice Connect).
How many acquisitions has Spice Digital made?
Spice Digital has made 1 acquisition, including Beoworld Sdn Bhd.
Who are Spice Digital's investors?
Spice Digital has 1 investor. Key investors include MediaTek.
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