Announced Wed, 15 Jul · 21:50 IST
Launches Ondesi.ca online marketplace for South Asians in Ontario, Canada
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹25.36
prior close
₹26.50
base price
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AI summary
Spice Lounge Food Works announced the successful launch of Ondesi.ca, an online classifieds and community marketplace built by its tech subsidiary TEKSOFT Systems Inc. The platform serves the South Asian community in Ontario, Canada, with categories including food, housing, groceries, jobs, and services. No financial details such as investment size or revenue projections were disclosed. This marks international expansion through the company tech arm.
Likely market impact
No financial details provided, so near-term impact is limited. International expansion via tech subsidiary could open new growth avenues over time.