SUBMITTED BY,

Sruthy Sadassivan
2028053
Christ University
Bangalore

Mentor- Rahul Raj

 ANALYSIS OF SPICE MONEY

SPICE MONEY

● Multi-dimensional financial, digital & e-retail service

provider in India.
● Bridging the digital gap in India between its urban, semi-
urban, and rural counterparts.
● CMMI level 3 compliant & ISO 9001 and 27001 certified
company
● 90% of our Customer Service Points are located in semi-
urban and rural India.

MISSION-to Digitally & Financially empower 10 Million Rural Entrepreneurs who serve these
consumers through a Digital Dukaan

VISSION- to be the Largest Digital and Financial Services Platform for 1 Billion Bharat
consumers

SERVICES
BANKING SERVICES

AADHAR ENABLED PAYMENT SYSTEM

• Empowers the customer to use Aadhaar as a proof of

identity to access the Aadhaar enabled bank account and
perform basic banking transactions like withdrawals,
balance enquiry, and mini statement

MONEY TRANSFER

● Provide intra and inter-bank transfer and IMPS facility,

that can help customers remit funds across a large
network of banks or geographical locations in real-time.
● secure money transfer process

CASH WITHDRAWAL THROUGH MINI ATMS

● Spice Money Mini ATM, a local Kirana store can

now become an ATM center that can provide basic ATM
services such as cash withdrawal and payment

● all types of debit & credit card for payments can be

used in the Spice Money Mini ATM.
PAYMENT SERVICE
CASH COLLECTION POINTS

• Spice money branches are now cash

collection points for customers/ bank
representatives of companies associated with
spice money. Representatives can visit shop
and deposit money
• Free service

BPPS
● Accept payments for all utility bills such as water,
electricity, Gas, DTH, Broadband, and Mobile phones

● Recharge and top up their entertainment apps such as

Hotstar, Amazon Prime, Sony

DEVICES AND SEVICE

PAN CARD SERVICES

●Spice Money Adhikaris can now get a new PAN card

made or get an existing one updated through
authorized government channels

• Quick and hassle-free

TOURS AND TRAVELS
• Train booking
To book train tickets through our customer service points for any destination in India
• Flight booking
To provide Domestic and International Flight ticketing solutions for a range of combinations.
• Bus Tickets
Partnered with over 700 tour & travel operators across the country which helps us get high
visibility of available bus tickets for a journey of your choice
• Hotel booking
With the help of our partnerships with hotels & travel agencies, we have access to hotel room
inventory across India for all budgets and categories.

BADA BAZAR

IFFCO BAZAR

• Spice Money has collaborated with IFFCO to create

‘IFFCO eBazaar’. The IFFCO eBazaar is the largest
digital market selling agricultural products and get them
home delivered.

AMAZON EASY

• The Amazon Easy is a branch of the Spice Money

Bada Bazaar wherein customers can visit their nearest
SMA and order products from Amazon.
SURAKSHA
HOSPICASH

• The Spice Money Hospicash was introduced

to help those customers meet their hospitalization
expenses who have had to face a loss of regular
income.
• Health insurance wherein the customers can
access a fixed sum of money during their
hospitalization

LOAN SERVICES
GRAHAK LOAN
• Grahak Loan, they can provide various types of loans to
their customers as per their requirements.

• They will not be required to show any proof of identity

for this, and thus unnecessary reduces paperwork.

ADHIKARI LOANS

• Spice Money Adhikaris can access secure loans at low

interest rates from trusted banks and NBFCs instantly.
BENEFITS
One stop shop for all
Digital & Financial services

Easy onboarding on
platform

SPICE PAY Business opportunity with minimal

investments

Secure & Reliable

technology platform

Trust of
Spice brand

KEY PEOPLE

• Dilip Modi – Founder

• Sonu Sood – Advisory Board Member
• Ramesh Venkitaraman – Advisory Board Member
• Sanjeev Kumar - Chief Growth Officer
• Ramesh Arora – Chief Innovation and strategy manager
 SWOT ANALYSIS
STRENGTH
• Wide market presence
• Cost effective
• Time saving
• Variety of services
• Faster and accurate information exchange

WEAKNESS
• Security problems
• Limited advertising
• Fewer discounts

OPPORTUNITIES
• Changing trends
• Advertising
• Wide business growth
• Changing customer life style
• Increase in income of people

THREATS
• Competitors
• Changes in law
• Privacy concerns
• Risk and Fraud

SPICE MONEY WAS RECOGNISED AS “THE BEST BSFI BRAND 2021” BY ECONOIC TIMES