The investment makes Ratan Tata the first Indian investor in Chinese smartphone maker Xiaomi.
A quick look at some key features of Philips’ air purifiers
This handy little gadget has become a necessity, especially in metropolitan cities where pollution levels tend to be quite high
Click here to know more
Chinese smartphone maker Xiaomi has an Indian investor now. Chairman Emeritus of Tata Sons, Ratan Tata, has made an investment in the company. Tata made the investment in Xiaomi yesterday and the announcement was made by both Hugo Barra, Global VP for Xiaomi and Manu Jain, the company’s India Head, via Facebook.
Jain clarified that the investment has been made by Tata in his personal capacity and doesn’t involve the Tata Group. Jain said that the Chinese smartphone maker will look to Tata as an advisor for its India operations.
Xiaomi has been taking a lot of interest in the Indian market recently, even hosting the company’s first global launch event in India. Of course, that’s quite expected, since India is among the biggest smartphone markets in the world and poised to become the second largest by next year.
Xiaomi on the other hand has launched the Xiaomi Mi4i, it’s first flagship to be launched first in India. The company says it has made the device specially for India and will be selling it through all its channels in the country. The Mi4i runs on a Snapdragon 615 SoC along with a 13MP rear camera and 5MP front camera.
Digit caters to the largest community of tech buyers, users and enthusiasts in India. The all new Digit in continues the legacy of Thinkdigit.com as one of the largest portals in India committed to technology users and buyers. Digit is also one of the most trusted names when it comes to technology reviews and buying advice and is home to the Digit Test Lab, India's most proficient center for testing and reviewing technology products.
We are about leadership-the 9.9 kind! Building a leading media company out of India.And,grooming new leaders for this promising industry.