Tag "Micromax"

Xiaomi India posts $1bn revenue in 2016

By : CIOL Writers

Bouncing back from 2015 slump, Xiaomi India raked in over $1 billion (Rs 7,000 crore approx.) in revenue in 2016 with 2X smartphones sales. Speaking to Economic Times, Xiaomi India head, Manu Jain said that “Whether you look at big

Foxconn puts 25 percent of Indian workforce on bench, says report

By : CIOL Writers

It’s been more than a month but the economy and corporate India are yet to come to terms with demonetization which ensued a severe shortage of cash across the nation. We all are well aware of the massive dips in

Apple reportedly planning to set up a dedicated distribution centre in India

By : CIOL Writers

Apple knows that India forms a crucial part of its global expansion plans. With Google Pixel too coming in for a pie in Indian market share, Apple seems to have got onto its toes to consolidate its logistics operations in

Apple overtakes Micromax to become second-largest smartphone maker in India

By : CIOL Writers

By overtaking India’s homegrown smartphone brand Micromax, Apple India has become the country’s second-largest smartphone maker by revenue in the fiscal year to March 2016. Apple’s revenues from smartphone sales grew by 54 percent in FY16 to Rs 9,997.1 crore

Xiaomi claims selling over 2mn smartphones in Q3 2016

By : CIOL Writers

Xiaomi recently posted its sales figure for Q3 and it’s completely eye-popping. Xiaomi India has apparently broken its own record by selling over 2 million smartphones in the third quarter (Q3) 2016 in India. With these numbers, the company saw

Visa, Micromax and TranServ launch mVisa through Visa developer platform

By : CIOL Writers

Visa, Micromax, and Transerv have announced the launch of mVisa for all Udio mobile app users reinforcing the strategic collaboration and commitment of the three brands to bring mobile-based payment solutions to the masses. “We believe real growth in digital

Samsung is still the leader in India’s smartphone market

By : CIOL Writers

India is one of the most lucrative smartphone markets in the world and every brand wishes to share a pie in here. But the cut-throat competition and the diverse needs of the Indian population is a huge challenge for every

Chinese phone maker, Oppo overtakes Apple in terms of sales value

By : CIOL Writers

When we talk about most popular smartphones in India, the first names that come to mind are usually Samsung, Apple or Micromax, given its affordability. But seems like we have a new entrant to this list now. OPPO Mobiles, for

Samsung vs Lenovo: Who’s the leader in the Indian online smartphone market?

By : CIOL Writers

South Korea’s Samsung has seized the top slot in the online sales channel in India, overtaking Lenovo-Motorola, with Chinese brand Xiaomi in the third spot. Lenovo, however, disagrees and still claims to be the leader in the Indian online smartphone

1 in every 4 smartphones sold in India this year will be from an ’emerging’ brand

NEW DELHI, INDIA: The emerging brands are gaining momentum rapidly in the burgeoning Indian smartphone market. So much so that a new CMR study on Emerging Smartphone Brands says that 1 in every 4 smartphones sold in India this year

Phones that have weird names

By : CIOL Writers

Sometimes we fuss too much about the brand name, and wouldn’t settle for anything beyond the popular brands, for instance, iPhone. They say, once you use an iPhone, you wouldn’t use any other. Well, that’s for the brand snobs, but

Affordable technology redefining Indian consumer market

By : CIOL Writers

The rubric of consumer commerce in India is witnessing an overhaul. A smartphone worth Rs 251 only and the rapid rollouts of 3G and 4G services are a clear indicator of a whirlwind of change in the commercial consumption of

Micromax opens second manufacturing facility at Hyderabad

HYDERABAD: Micromax inaugurated its newest manufacturing facility at Hyderabad today. The company has already invested over 100 crores in the project in the first phase and has plans to set up a R&D center at Hyderabad as well. Rajesh Agarwal,

Micromax 3.0 version packs a punch

NEW DELHI, INDIA: Micromax Informatics Ltd. today refreshed its corporate, brand and product strategy with the launch of “Micromax 3.0”. Micromax also unveiled a new brand identity with the launch of its new logo and brand philosophy ‘Nuts: Guts: Glory’.

Will Apple be allowed to sell used iPhones in India?

By : CIOL Writers

Don’t turn “Make in India into Dump in India”. The message is loud and clear from industry executives who are warning the government against giving permission to Apple to sell used iPhones in the country. The iPhone maker is seeking

Micromax confirms Sanjay Kapoor’s exit

NEW DELHI, INDIA: Sanjay Kapoor, who played a pivotal role in fuelling the growth of Micromax in the Indian smart phone market, has quit. “Sanjay Kapoor has decided to move on. Appropriate announcements will be made in due course. We

Micromax Canvas Xpress 2 with Octa-Core launched at Rs. 5,999

NEW DELHI, INDIA: Micromax has launched its new Canvas Xpress 2 smartphone priced at Rs. 5,999, which will be available online exclusively at Flipkart. The company has announced that the new smartphone will be sold in India via the flash sale model

Micromax BOLT D303 comes with 10 regional languages

BANGALORE, INDIA: Micromax accelerated its step towards democratizing language by partnering with Firstouch Regional Smartphone Operating System to launch Micromax BOLT D303, with multiple language features. The BOLT D303 comes pre-loaded with 10 regional languages powered by Firstouch. The all

Micromax invests in mobile travel search platform, Ixigo

NEW DELHI, INDIA: In its pursuit to create a connected mobile services ecosystem, India’s smartphone handset player Micromax Informatics Limited, has invested in Ixigo, a mobile travel search & marketplace. This investment would further reinforce Micromax’s foray into application services,

HealthifyMe raises its second series funding, to expand globally

By : Sanghamitra Kar

BANGALORE, INDIA: HealthifyMe, a startup in healthcare sector has announced their second round of funding. They had raised their seed funding in 2012. .The second round of funding has been raised from angel investors comprising of Gopal Srinivasan (TVS Capital),