Prisha Infotech acquired by Spice Lounge in $150K tech deal
SINGAPORE and TELANGANA, INDIA — Software specialist Prisha Infotech is set to become the technological core of hospitality group Spice Lounge Food Works, following a definitive $150,000 acquisition.
The purchase of the Singapore-based firm marks a pivotal step, leveraging Prisha Infotech’s expertise to digitally transform operations and propel Spice Lounge’s global expansion ambitions.
Tech partner, hospitality group forge growth paths
Prisha Infotech offers strategic IT-enabled services and software development solutions to help organizations worldwide.
With its digital marketing services, the Singapore-based company has delivered more than 870 projects to 350 clients, achieving a 99% satisfaction rate, which has helped it become trusted for complex business projects.
Spice Lounge Food Works, on the other hand, is developing a multi-category food and beverage provider through a multi-field portfolio of global dining and lifestyle brands, including Buffalo Wild Wings and high-end pub concepts such as Xora.
The group operates under the power of culinary innovation and proprietary platform technology to redefine hospitality and empower entrepreneurs with the scale of franchise models in its eight strong brands.
Diversifying into tech-driven hospitality platform
The company is strategically moving beyond its traditional foodservice offerings to develop an even more integrated, technology-enhanced hospitality platform.
This diversification intends to future-proof the business against market changes and to serve as an additional, scalable revenue source in the transforming food ecosystem.
Prisha Infotech provides not just technological expertise but also a physical and commercial gateway to international markets.
Mohan Babu Karjela, Managing Director of Spice Lounge Food Works, notes, “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.”
By developing a technological presence in Singapore, Spice Lounge can leverage its strategic location to expand its services and brands into other destinations, as the city-state is a global business hub that can facilitate its international interests.
Prisha Infotech tech to power Spice Lounge brands
Prisha Infotech brings its specialty technological knowledge to the existing structure of the Spice Lounge. As Karjela notes, “The transaction aligns with the Company’s long-term vision of building a future-ready, technology-driven hospitality business with a global outlook.”
These functions are aimed at the most important areas of operation in Spice Lounge’s portfolio, which strives to enhance efficiency, improve customer interaction, and support informed decision-making.
The infusion of technology aims to integrate the company’s entire technological base, converting it from a conventional hospitality organization into a unified technology-powered platform.
The long-term objective is to roll out such integrated capabilities to provide homogeneous, scaled, and differentiated customer experiences.
The purchased technology stack will be leveraged to develop a more effective and unified service model across all brand outlets, including dine-in, delivery networks, and yet-to-be-developed consumption formats.
