Spice Lounge Expands Globally: $150K Singapore Tech Acquisition!

The acquisition, announced recently, integrates Prisha Infotech's expertise in food tech software with Spice Lounge's culinary operations. Valued at $150,000, it targets enhanced supply chain management and app-based ordering systems, aligning with global F&B digitization trends post-pandemic.

Key Highlights

Acquisition Value: Full purchase for $150,000, including assets and intellectual property in restaurant management tech.

Strategic Fit: Prisha's Singapore operations bring AI-driven inventory tools and customer analytics to Spice Lounge's portfolio.

Growth Synergies: Expands market reach in Asia, potentially adding 20% to revenue via tech-enabled outlets.

Timeline: Deal closes Q1 2026, with integration focusing on cloud kitchens and delivery platforms.

Future Prospects

This positions Spice Lounge as a hybrid food-tech player, eyeing IPO amid booming QSR investments.

Sources: BSE Announcements, Business Standard filings, Singapore ACRA records.