Xiaomi gets Indian tycoon Ratan Tata as new Investor :The chinese maker Xiaomi who has been a trademark in the smartphone industry in India and China, has joined hands with the Indian Tycoon Ratan Tata. The company has started off with a great idea to empower the Xiaomi series in India and to do a proud business in the Indian market.
Xiaomi gets Indian tycoon Ratan Tata as new Investor
The company has got in hands the Indian Tycoon who has agreed to be an investor in the Chinese company Xiaomi in India. So the company has contracted with the Tata Sons Head to boost up the business and sales of Xiaomi series in India.
77-year-old Tata has took an active interest in India’s technology but the startups is somehow late, but the business giant has started expanding its Xiaomi smartphone net in India so that the Xiaomi be the local players of India. Ratan tata’s portfolio also includes an investment in Paytm, tata salt, tata sons, tata motors and a more than 100 businesses in India.
If we talk about the recent launch of Xiaomi Mi4i event then the company CEO said that the India is the most vital part of business tools.It will surely help us to open new doors and provide a further validation of its efforts to be a local player in India.This flagship attracted more than 225,000 customer registrations to purchase the phone on Flipkart within two days.
Xiaomi has been growing instantly in India after entering the market in July 2014. According to import census, Xiaomi has shipped over to 1.86 million smartphones into India till March-end. So, that would be all for Xiaomi gets Indian tycoon Ratan Tata as new Investor and we wish them all the best.
