Here's why OnePlus is investing Rs 1,000 Cr in India (and other top stories of the day)

At present, OnePlus wants to focus on technologies like IoT and 5G. It is also pumping Rs 1,000 crore into its India R&D centre as the country figures big on the company’s global growth plans.

14th Nov 2019
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In 2019, India emerged as the second-largest smartphone market in the world after China. Reports say that about 134 million smartphones were sold across India in the year 2017 and this number is only set to increase.


The country’s premium smartphone segment is led by Chinese smartphone maker OnePlus. In 2015, OnePlus wanted to enter India with a focus on youth, experience, and remaining digital.


Now, the company is all set for its first-ever music fest to be held in Mumbai on November 16, showcasing the likes of Katy Perry and Dua Lipa.


At present, OnePlus wants to focus on technologies like IoT and 5G. It is also pumping Rs 1,000 crore into its India R&D centre as the country figures big on the company’s global growth plans.


Watch this exclusive interview OnePlus’ India GM Vikas Agarwal with YourStory.


OnePlus

India to become first market for CFMoto 300SR

CFMoto 250SR concept

India will be the first market to receive Chinese motorcycle manufacturer CFMoto’s upcoming fully-faired sports motorcycle CFMoto 300SR in April-May 2020. Showcased first as the CFMoto 250SR concept in China, the motorcycle was earlier set to be launched in August 2020.



This 22-year-old woman is ‘rebranding’ India’s culture

Inkpot Founder Simar Malhotra

Inkpot Founder Simar Malhotra

At 22, Simar Malhotra is already the author of two books. The Stanford graduate is now looking at ‘rebranding and reasserting’ the value of Indian arts, literature, and culture through her initiative InkPot.



Online gaming startup 9stacks is placing its bets on fantasy cricket

9stacks

Founders of 9Stacks

Online gaming startup 9stacks has 600,000 users on poker and fantasy cricket platforms in less than three years. The Delhi-based startup is backed by WaterBridge Ventures.



How Ethnic Kraft started from a love for Rajasthani art

Ethnic Kraft

Reema Sodhi and Rajan Sodhi, Co-founders, Ethnic Kraft

Started in 1992 out of an admiration for Rajasthani traditional art, Ethnic Kraft now exports to countries including the USA, the UK, Australia, the Middle East, and more, recording an annual turnover of Rs 2.5 crore.



Microland’s Pradeep Kar on the future of IT

Microland

Pradeep Kar, Chairman and Managing Director of Microland

Microland’s Founder Pradeep Kar, once a poster boy of Indian IT, is back as a senior statesman and is banking on digital transformation to make his company a multibillion-dollar business in the next 10 years.



This husband-wife duo upcycles old Army uniforms

Sepoi

Siddharth Jaiswal and Suchi Jaiswal, co-founders of Sepoi.

Mumbai-based startup Sepoi is attempting to promote sustainable living and preserve the pride of the Indian army by upcycling used Army uniforms into bags.



Ultraviolette Automotive unveils first electric motorcycle

Ultraviolette Automotive

With an acceleration of 0-60 kmph in 2.9 seconds, top speed of 140 kmph, and a range of 150 km on a single charge, the F77 completely redefines electric mobility in India with its revolutionary design, technology, and user experience.



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