Telecom company Spice Mobility Ltd on Friday announced that its subsidiary Spice Online Retail has incorporated Hotspot Sales & Solutions Private Limited to engage in the business of telecom devices. Consequently, Hotspot Sales & Solutions Private Limited has become a subsidiary of the company, Spice Mobility Ltd said in a statement. Also Read - Spice V801 with 3GB RAM, Android 7.0 Nougat launched: Price, specifications
Spice Online Retail is a leading online shopping portal for products such as electronics in India. Spice Retail showcases latest smart phones, tablets, mobile phones, Bluetooth devices, accessories, memory cards and the latest in laptops. Also Read - Spice Mobility launches 8 new mobile phones in IndiaAlso Read - Transsion Holdings will relaunch ‘Spice’ smartphone brand in India
Spice Retail began in 2005 as Hotspot. In 2009, Hotspot acquired Cellucom’s India operations and the combined entity is known as Spice Retail Limited.
Spice in December 2015 announced that their telecom solutions provider Spice Mobility will increase number of women employees in coming days with its target to bring at least 20 percent of them in leadership roles. Spice Mobility board today appointed Modi as Executive Chairman who was earlier chairman of the board. The board also approved his appointment as Executive Director and handed over additional responsibility of handling business operations along with existing work profile.