Overview
Spice Global is a diversified conglomerate serving over 25 million customers across the world in various sectors - mobility, finance, entertainment and healthcare.
Established by global future-preneur Dr. Bhupendra Kumar Modi, the multi-faceted group has expanded its footprint to New York, London, ASEAN, Middle East and parts of China and Africa besides India. The Group is headquartered in Singapore with nearly 9,000 employees in 20 countries.
Our History
Spice Global began operations in the early 1980s as Modi Corp, then MCorp Global and later Spice Corp. Based on over three decades of success in diverse industries, Spice Global transformed the business landscape with its pioneering innovations. It is credited with introducing photocopiers, facsimile, floppy drives, first mobile GSM service call, first Indian brand of mobile hand-sets, first dual SIM phones and the first 3D phones in India.
With its innovative and customer-centric approach, Spice Global continues to be a pioneer in introducing innovative products and services. It has always embraced the change with imaginative products and innovative technology. Spice Global follows a smart business strategy of investing in handpicked high potential sectors and thereby creating greater value for all stakeholders.
At the helm
- Dr. B.K. Modi, Chairman
- Ms. Preeti Malhotra, Group President, Corporate Governance
- Ms. Chhavi Leekha, Group President, Brand and Corporate Communications
- Mr. Ozi Amanat, Chief Investment Officer
Our Businesses
Spice
Global
encompasses
a
variety
of
businesses
that
harness
speed,
creativity
and
efficiency
to
invent,
develop
and
market
the
products
that
are
redefining
personal
productivity
and
enlivening
lives. Its
various
business
verticals
include:
Mobility
Si2i Mobility is the holding company that manages the group's interests in telecom products and services including devices, retail and value-added services. The companies under mobility vertical are:
- Si2i –
The
flagship
company
that
manages
the
mobility
business
outside
India.
This
includes
Si2i
in
Singapore,
S-CSL
in
Malaysia,
S-Nexian
in
Indonesia
and
S-Wellcomm
in
Thailand.
The
company
is
listed
on
the
Singapore
exchange
(SGX
M09).
Si2i
is
a
category
leader
in
smart
phones,
wi-fi
enabled
phones
and
has
a
wide
reach
and
strong
presence
in
the
region
through
its
more
than
350
retail
stores.
It
also
offers
innovative
VoIP
products
and
services.
- Spice
Mobility
Ltd –
The
flagship
company
of
Spice
Global
offers
combined
experience
of
devices,
digital
lifestyle,
retail,
mobile
value-added
services
and
applications
to
customers
across
geographies.
S
Mobility
is
the
fastest
growing
mobile
devices
brand
in
India
with
over
15
million
users
and
an
annual
volume
of
over
6
million
devices.
The
company
is
listed
on
Bombay
Stock
Exchange
(scrip
code
517214)
and
National
Stock
Exchange
(scrip
code
SPICEMOBIL).
Known for its pace of innovation, Spice has launched several firsts including dual SIM series across smart phone category, GSM, CDMA, tri-band and touch-screen PDA formats. The brand won Product of the Year Innovation Award in 2010 under value phone and premium phone segments for M-67 3D and S-1200. S Mobility also won the Golden Peacock Innovation Award for India's first 3-D phone in 2012 and was voted among Asia's 200 Best Billion Dollar Companies by Forbes in 2010.
- Spice
Retail –
Established
in
2005,
Spice
Retail
is
India's
top
digital
lifestyle
retailer
with
nearly
900
stores
in
India,
spread
across
172
cities
and
towns.
The
retail
outlets
offer
the
latest
mobile
and
smart
phones,
tablets,
laptops,
cameras,
blue-tooth
devices,
accessories,
memory
cards,
air-time
and
data
cards,
software
and
mobile
applications.
Smart
phones
generate
about
65
per
cent
of
the
annual
revenue
stemming
from
20
million
footfalls
per
year.
Spice
Retail
also
figured
in
the
top
500
retail
list
in
Asia
by
Retail
Asia
magazine.
- Spice Digital – With global presence in over 20 countries, 19 copyrights and eight patents, Spice Digital is a leading mobile value added services company, offering innovative solutions for telecom operators, enterprises and government agencies using different mobile platforms. It has 50 million paying subscribers generating 100 million daily value added transactions. The delivery mechanisms include interactive voice response systems, short messaging services, unstructured supplementary service data, wireless access protocol, third generation of developments in wireless technology, cross platform application development. The company has eight offices in India and 764 resources across the global, 70 per cent of which are technical.
Entertainment
Spice Enfotainment - Incorporated in 1992, Spice Enfotainment has made significant inroads in entertainment, media and new media besides content and knowledge-based industries. With an existing footprint in malls and multiplexes, the company has also ventured into film production in Hindi film industry and Hollywood.
- Spice
World –
Spice
World
is
a
150,000
square
feet
world-class
commercial
landmark
in
bustling
Noida
district
bordering
New
Delhi.
It
is
the
confluence
of
business
leaders
with
innovative
thinking
and
proven
expertise.
Its
ambience,
retail
stores,
sprawling
corridors,
a
multiplex
and
coffee
shops
offer
a
wide
range
of
shopping
and
leisure
activities.
Spice
World
has
been
planned
with
a
cluster
zoning
approach
with
earmarked
levels
for
different
activities.
- Spice
Cinemas –
Has
7
screens
in
Noida
for
theatre
exhibition
including
a
3D
auditorium.
Spice
Cinemas
is
also
credited
with
introducing
India's
first
4D
Theatre.
- Spice Studios – Spice Studios is the film production business of Spice Enfotainment which conceived 'Oh My God,' the Akshay Kumar-starrer directed by Umesh Shukla. The company plans to produce several movies with global themes in various languages and also has an office in Los Angeles.
Finance
Wall Street Finance Limited - Wall Street Finance Limited (WSFL) is a non-banking financial company dealing with foreign exchange and money remittance. It operates under the brand Spice Money. It is listed on Bombay Stock Exchange (scrip code 511147). WSFL plans to invest Rs 500 crore in various niche businesses like asset management, private equity and fixed income retail products. WSFL has been licensed by the Reserve Bank of India as an authorized dealer (category 2) with operations in 55 locations and a dedicated team of 400 employees. It has over 6000 outlets across India. It is a principal agent of Western Union Money Transfer.
Healthcare
Saket City Hospital – Located in New Delhi and spread over 12.5 acres of land in the heart of New Delhi, it is a modern and technology-enabled hospital catering to citizens from all walks of life, including the underprivileged. In its first phase of operation, it aims to be a world class centre of health and care.
Corporate
Social
Responsibility
Spice Global chairman B.K. Modi oversees the working of Spice Foundation, the corporate social responsibility arm of the group. Its current activities include:
- DMA
Schools –
Two
schools
are
currently
in
operation
at
Varanasi
and
Rampur
educating
about
5,000
students
with
latest
pedagogy
techniques.
DMA
students
have
been
consistently
winning
laurels
in
both
academics
and
extra-curricular
activities.
- Global Citizenship Forum – An initiative of Spice Foundation, Global Citizenship to be launched this year in Singapore will comprise of leaders in social sector, industry, academics, culture, and philosophy. It will partner with global institutions and work towards achieving global harmony.
Awards
and
accolades
- US Congress honour in 2004 praising Dr. Modi's outstanding services and innovation in industry as also in social and spiritual fields
- Golden Peacock Awards for innovative products and services in 2007
- Global premier of the world's first movie phone and people's phone at the World Mobile Congress in Barcelona during February 2008
