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Spice Mobility provides update on subsidiary

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Capital Market
Last Updated : May 12 2016 | 12:07 AM IST

Spice Digital incorporates JV company 'Adgyde Solutions'

Spice Mobility announced that Spice Digital (SDL), a subsidiary of the Company, has incorporated a Joint Venture Company in the name of 'Adgyde Solutions' for the purpose of building analytics based solutions for device companies and to create and demonstrate a new business model for device companies, wherein SDL holds 49% equity stake.

Consequent to the said Joint Venture, Adgyde Solutions has also become associate company of SDL.

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First Published: May 11 2016 | 8:59 PM IST

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