Xiaomi announced today a very good news that Ratan Tata, chairman Emeritus of Tata Sons has made an investment in the company officially and he became the first Indian to do so. Talking about investments, earlier Xiaomi raised $1.1 Billion in Dec 2014, at a valuation of $45 Billion.
A few days back Xiaomi launched its latest flagship smartphone Mi 4i in India. Xiaomi has again partnered with Flipkart and they will be selling Mi 4i through Flipkart for the time being. 225,000 customers have already registered to purchase a limited number of handsets if you are willing to get one, register it here to purchase it on April 30, 2015 at 2 PM.
Ratan Tata invests in Xiaomi
Lei Jun, founder and CEO of Xiaomi, says: “Mr. Tata is one of the most well-respected business leaders in the world. An investment by him is an affirmation of the strategy we have undertaken in India so far. This is just the start of an exciting journey, and we are looking forward to bringing more products into India.”
In pic below you can see Ratan Tata, chairman Emeritus of Tata Sons, meets Hugo Barra, Vice President of Xiaomi Global, and Manu Jain, Head of Mi India Operations.
Xiaomi Mi 4i is priced at Rs 12999 ($204) in India. Check out full specifications of Xiaomi Mi 4i below.
|Model||Xiaomi Mi 4i|
|Dimensions||138.1 x 69.6 x 7.8 mm|
|SIM||Dual SIM, 4G Support on both SIM|
|Display||5″ FHD IPS LCD screen(JDI), 441 ppi|
|OS||Android 5.0.2, MIUI 6.0|
|Processor||Snapdragon 615 (2nd Gen), Octa Core 64-bit|
|RAM||2 GB LPDDR3|
|Internal Storage||16 GB eMMC flash(No micro SD card slot)|
|Camera||13 MP rear cam, dual-LED flash | 5 MP front cam|
|Connecitivity||Wi-Fi, Bluetooth 4.1, microUSB 2.0|
|Battery||3120 mAh Li-Ion non-removable|
As per rankings by IDC, Xiaomi is ranked 5th largest smartphone vendor in India in Q4 2014.
So are you looking to buy Xiaomi Mi 4i in India. Let us know. Drop your comments below.