Spice Mobility L – Investment in Exponentially I Mobility, LLP

28/02/2017 17:19

Spice Mobility Ltd has informed BSE that Spice Labs Private Limited, a step down subsidiary of the Company, has made strategic investment in Exponentially I Mobility, LLP (a Limited Liability Partnership). The LLP was established with objects of development and promotion of mobile applications and technology.

Consequently, Spice Labs Private limited has become, a partner with a profit sharing ratio of 28.46% in the said LLP.

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