About Spice Digital
Spice Digital is a company based in Noida (India) founded in 2000. Mobile Value Added Services and technology solutions provider. Spice Digital has raised $20 million across 1 funding round from investors including MediaTek. The company has 99 employees. Spice Digital has completed 1 acquisition, including Beoworld Sdn Bhd. Its Indian entity Spice Labs Private Limited reported revenue of ₹15.46 Cr.
Company details
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).
- Headquarters Noida, India
- Employees 99
- Email••••••••
- Phone•••• ••••
- Website spicedigital.in
- Social X Facebook
- Legal Name Spice Labs Private Limited
- Date of Incorporation 25 May, 2009
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹15.46 Cr
FY 2018 · +534% YoY
- Net Profit₹5.4 Lakh
FY 2018 · 0% margin
- EBITDA₹1.17 Cr
FY 2018 · 8% margin
- Total Equity Funding$20M (USD)
in 1 rounds
- Latest Funding Round$20M (USD), Series A
Jul 2011
- Investors
- Employee Count99
- Investments & Acquisitions
Associated legal entities of Spice Digital
Spice Digital operates through Spice Labs Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spice Labs Private Limited CIN U72300DL2009PTC311320 | Amalgamated | 25 May 2009 | New Delhi, Delhi | ₹15.5 Cr | 99 | 8 | View details |
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 $20M
- Total Rounds 1
- Last Round Series A — $20M
- First Round $20M
(Jul 2011)
- Investors Count 1
All 1 funding rounds of Spice Digital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2011 | $20M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Spice Digital
Spice Digital has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MediaTek.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of AI-based neural processing unit chipsets | 1997 | mediatek.com | Hsinchu, Taiwan |
Investor details for Spice Digital
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Board of directors of Spice Labs Private Limited (Spice Digital)
Spice Labs Private Limited is the primary company behind Spice Digital. The board of Spice Labs Private Limited currently have 6 directors; the longest-serving is Madhusudan Venkatachary, appointed in 2014. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Madhusudan Venkatachary DIN 02650160 | Director | 13 Sep 2014 | 12 yrs 1 mo | Spice Labs Private Limited |
| Sunil Kumar Bhansali DIN 00225693 | Director | 28 Mar 2015 | 11 yrs 6 mo | Spice Labs Private Limited |
| Seema Salwan DIN 06944301 | Director | 28 Mar 2015 | 11 yrs 6 mo | Spice Labs Private Limited |
| Sunil Kumar Kapoor DIN 05322540 | Director | 14 Apr 2015 | 11 yrs 6 mo | Spice Labs Private Limited |
| Ravindra Kumar Sarawagi DIN 07496783 | CFO | 04 Aug 2017 | 9 yrs 2 mo | Spice Labs Private Limited |
| Prashant Hansraj DIN 10742698 | Manager | 04 Aug 2017 | 9 yrs 2 mo | Spice Labs Private Limited |
Financials of Spice Digital
Figures of Spice Labs Private Limited, the primary company behind Spice Digital, for FY 2018. Revenue was ₹15.46 Cr (+534% year on year). Net profit was ₹5.4 Lakh (0% margin). EBITDA was ₹1.17 Cr (8% margin).
- ₹15.46 CrRevenue · FY 2018 · +534% YoY
- ₹5.4 LakhNet profit · 0% margin
- ₹1.17 CrEBITDA · 8% margin
- ₹10.05 CrPaid-up capital
- 99Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Spice Labs Private Limited are on its company page.
Detailed financial statements for Spice Digital
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Spice Digital
Spice Digital has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Beoworld Sdn Bhd.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mobile app development platform for MTK and Android is provided. | beo-world.com | Shah Alam, Malaysia | 2009 | Nov 2010 | •••• |
Complete acquisition details for Spice Digital
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Spice Digital
3 dated milestones of Spice Digital across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Spice Digital is founded.
- Acquisition Acquires Beoworld Sdn Bhd.
- Funding First funding round of $20.0M.
Web traffic of Spice Digital
Websites that share an audience with Spice Digital (spicedigital.in).
Websites whose visitors overlap most with Spice Digital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
spicesafar.com | spicesafar.com | 100% | #1,107,594 | – | |
| si2imobility.com | 38% | View details | |||
spiceworld.co.in | spiceworld.co.in | 38% | – | ||
| medianama.com | 27% | 168.6K | #278,837 | View details |
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Frequently Asked Questions about Spice Digital
Spice Digital was founded in 2000 and raised its 1st funding round 11 years after it was founded.
Spice Digital is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
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 2011.
Spice Digital has 99 employees.
The primary company behind Spice Digital, Spice Labs Private Limited, reported revenue of ₹15.46 Cr for FY 2018, up 534% year on year.
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).
Spice Digital has made 1 acquisition, including Beoworld Sdn Bhd.
Spice Digital has 1 investor. Key investors include MediaTek.
Spice Digital operates through Spice Labs Private Limited.
The legal entities of Spice Digital currently have 7 directors, including Sunil Kumar Bhansali, Madhusudan Venkatachary, Sunil Kumar Kapoor and others.