US$2billion conglomerate Spice Global partners with Global Nightlife Operators

April 15, 2013 - PRLog -- New Delhi, April 15, 2013 – Amidst a strategic and rapid international and domestic expansion spree, Spice Global, a US$2 billion diversified conglomerate, today announced its partnership with The Ault Group to launch the state-of-the-art ultra-lounge at the lavish 5-Star Ashok Hotel in Delhi.  Set to open its doors for the City’s partygoers in mid-June, the luxury lounge & bar promises to inject the best atmosphere and lure in the celebrities and the City’s elite.  

This latest venture for Spice Global comes on the heels of the runaway success of its co-produced Bollywood blockbuster Oh My God!  The partnership is in line with Spice Global’s philosophy of smart investment with Ozi Amanat, the CIO of the Group, playing a key role in realising this partnership.



Commenting on the collaboration, Dr. B.K Modi, Chairman, Spice Global, said, “We are absolutely thrilled to bring the Pangaea brand to India through this partnership. An incredible amount of thought and attention is being paid to each minute detail to ensure that the unique experience at Pangaea surpasses the standards currently available in contemporary lounge clubs here.  We are confident that Pangaea India will redefine high -end entertainment.”



The Ault Group Founder and Principal, Michael Ault is responsible for putting Pangaea Singapore on the global map for operating the most expensive club in the world, attracting Bollywood and international celebrities, billionaires and global leaders.  

As a pioneer of the bottle service, coupled with his success in Singapore and his ability to transform any empty space into the best party, has made Mr. Ault a highly sought-after nightlife guru.

Mr. Ault said, “The Ault Group is an association of the best talent in the entertainment industry. We have the world’s best talent specializing in key components of running a successful lounge & bar. India is a fascinating country and has been a leader in entertainment.  When it comes to elaborate executions and orchestrating the best parties at our lounge & bar in Delhi in June and later in Mumbai, we will be paying very close attention to what will be compatible with our guests here. We have taken into account that the young, affluent, well-travelled Indians have a desire for the very best and we aim to deliver just that – an unrivalled world-class guest experience.”

Pangaea has operated in leading cities around the world including London, Miami, Monte Carlo, New York and Singapore, to name a few. Pangaea has hosted A-listers including Madonna, Leonardo DiCaprio, Kate Moss, Will Smith, Jack Nicholson, powerful political figures and global billionaires.

The lounge & bar at Delhi and Mumbai will set a new benchmark with its signature décor displaying a series of music memorabilia, unmatched ambience, enviable list of world-class djs. To complete the guest experience, a comprehensive cocktail and decadent food menu is being perfected.

About Spice Global

Spice Global is a US$ 2 billion diversified conglomerate that currently serves over 25 million customers across various sectors - telecom, finance, entertainment technology and healthcare – in the world. Established by renowned global entrepreneur and futurepreneur, Dr. Bhupendra Kumar Modi, Spice Global has expanded its footprint across Los Angeles, San Francisco, New York, London, New Delhi, Bombay, Dubai, Kuala Lumpur in addition to China and Africa.

Headquartered in Singapore, Spice Global currently employs about 9,000 employees worldwide. Spice encompasses a variety of businesses that harness speed, creativity and efficiency to invent, develop and market the products that are defining how we live today. Among the various businesses under the Spice Global umbrella, prominent ones include Si2i Mobility (holding co. of Si2i Limited and S-Mobility Limited), Spice Studios, Wall Street Finance Limited and Paper Plus. The Group recently forayed into healthcare services with the launch of a World Class facility at New Delhi in India.

Spice Global has various listed entities.

·         Singapore

-          Si2i Mobility Limited. (SGX: M09)

·         India

-          S Mobility Limited: (BSE Scrip Code- 517214) /NSE (Scrip Code – SPICEMOBIL)

-          Wall Street Finance Limited:  (BSE Scrip Code 511147)  

Website: www.spiceglobal.com

For further information on Spice Global please contact:

Anuradha Chawla / Riticka Dutta

Anuradha@avian-media.com / riticka@avian-media.com

+91 98 9996 5560 / +91 99 1171 7995