As a part of the rebranding of BK Modi's Spice Group, group company Cellebrum Technologies Ltd has been rebranded as Spice Digital. Vinish Kathuria, previously the President (Strategy and Business Development) at Cellebrum subsidiary Mobisoc is now COO at Spice Digital. On the sidelines of VAS Asia 2009, Kathuria told MediaNama that the group still had resonance among consumers as a telecom operator brand (Spice Communications was acquired by Idea Cellular last year), and needed to go in for a makeover. Spice should now be seen as a brand associated with a digital lifestyle for consumers. Accordingly, the logo and colors have been changed, and there's been a change in the groups strategic vision. Additionally, subsidiary Mobisoc has been integrated into Spice Digital. IPO Plans? Global Expansion? Revenue Growth Kathuria declined to comment on Spice Digital's IPO plans: remember that last year, as Cellebrum Technologies Ltd, the company had filed a draft red herring prospectus. Fr the nine months ending December 2007, Cellebrum had reported consolidated revenues of Rs. 777.19 million, and a consolidated PAT of Rs. 220.38 million. Kathuria said that the companys numbers have been good, and the 2008-09 fiscal has seen almost a 100% growth in revenue over 2007-08. He declined to comment on the contribution of the companys Mobile Radio product to revenues. About plans for expanding into international markets, Kathuria said that "We will majorly be focused on India, but will be looking at international partnerships. We feel there's opportunity in the emerging markets, where India is a good…
