India News

Xiaomi invests 35 billion INR into its India business
Writer Admin

Xiaomi, which has been dominating the Indian smartphone market since the past few quarters, has received a fresh investment to further ramp up its operations in one of the world’s biggest smartphone market.

As per the company’s filing with the Registrar of Companies, Xiaomi has invested money into Xiaomi Technology India in two tranches — Rs. 1,500 crore (15 billion INR) on 17th January and Rs. 2,000 crore (20 billion INR) on 1st March.

Read More : https://www.gizmochina.com/2019/03/19/xiaomi-invests-35-billion-inr-india/