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DateInvestorsAmountRound
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N/A

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$45.0m

Late VC

$43.0m

Late VC

N/A

Secondary
Total Funding€80.0m

Recent News about Micromax Informatics

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Micromax Informatics is a home-grown consumer electronics brand that has been at the forefront of democratizing technology in India. By offering affordable and innovative products, Micromax has removed barriers to the large-scale adoption of advanced technologies. The company primarily serves the youth market, celebrating vibrancy and empowerment through its diverse range of products, which include smartphones, LED TVs, and other consumer electronics. Operating in the highly competitive consumer electronics market, Micromax employs a business model focused on high-volume sales at competitive prices to generate revenue. The company makes money by selling its products through various distribution channels, including online platforms and retail stores. Micromax's commitment to affordability and innovation has made it a popular choice among young consumers looking for quality technology at reasonable prices.

Keywords: consumer electronics, affordable technology, smartphones, LED TVs, youth market, innovation, India, high-volume sales, retail, online platforms, empowerment.

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Investments by Micromax Informatics

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ixigo
exited
Gaana
ACQUISITION by Entertainment Network India Aug 2024