Spice Lounge Food Works, a multi-format food service company, has acquired 100% stake in Singapore-based Prisha Infotech for a total consideration of $150,000, marking a strategic expansion into technology-enabled solutions for the food service and hospitality ecosystem.
The integration of Prisha Infotech’s software development and programming capabilities will strengthen the Company’s digital foundation and enable access to international markets through Singapore.
Incorporated on May 6, 2021, Prisha Infotech Pte. Ltd. operates in the IT and IT-enabled services space, specializing in software development and programming solutions.
Prisha Infotech brings expertise in enterprise software, digital platforms and technology solutions for consumer-facing businesses, supporting improved operational efficiency, customer engagement and data-driven decision-making across the Company’s growing portfolio of brands and outlets.
This move underscores the Company’s intent to embed technology deeply into its business model, driving innovation across supply chain management, point-of-sale systems, customer experience platforms and analytics-led operations.
Mohan Babu Karjela, Managing Director of Spice Lounge Food Works, said, “The acquisition of Prisha Infotech Pte. Ltd. marks an important milestone in Spice Lounge Food Works Limited’s growth journey. As the Company continues to scale its multi-brand food services platform, technology is increasingly becoming a critical enabler across operations, customer engagement and decision-making. The transaction aligns with the Company’s long-term vision of building a future-ready, technology-driven hospitality business with a global outlook.”
“Prisha Infotech brings strong capabilities in enterprise software development, digital platforms and scalable technology solutions. Integrating these capabilities will enhance operational efficiency, strengthen supply chain visibility, improve point-of-sale and backend integrations and also enable more seamless and personalized customer experiences across dine-in, delivery and emerging consumption formats,” he adds.
“Beyond immediate operational benefits, the acquisition provides a robust foundation for building an in-house technology backbone that supports data-led decision-making, real-time analytics and faster innovation cycles. The Company views this move not merely as an acquisition, but as a strategic step toward embedding technology at the core of its business model, positioning Spice Lounge Food Works Limited as a technology-enabled hospitality platform focused on long-term scalability and value creation,” he concludes.
Spice Lounge Food Works manages and scales 13+ outlets under leading global and homegrown brands. Spice Lounge combines operational excellence, brand partnerships and technology-driven platforms to deliver consistent, high-quality dining experiences across casual, quick-service and fast-casual formats.
