"Spice VAS Africa Pte, a step-down subsidiary of the company, has acquired 100 per cent stake in SVA (Mauritius) Private. Consequent to the said acquisition, SVA (Mauritius) Private becomes a wholly-owned step-down subsidiary of the company," Spice Mobility said in a BSE filing.
SVA deals in content monetisation and provisioning of IT and software services. The company was incorporated in June this year.
Spice Mobility did not disclose the total value of the deal.
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