Chinese smartphone maker iVOOMi announced the launch of its 'India-first' sub-brand Innelo, to cater to the diversified needs of the smartphone buyers in India.
With an online-first focus, Innelo has tied up with Amazon India to be its exclusive online partner. The company also plans to will invest $10 million in the initial first year of its operations.
Ashwin Bhandari, CEO, Innelo India says: "We are delighted to bring our sub-brand Innelo to India. With a vision to capture the premium smartphones and accessories market, we aim to bring high-end technology products and offer them at pocket-friendly prices. With Innelo, we intend to become a sustainable, youth-centric technology conglomerate; creating products for India, in India."
The new brand will be backed by supply chain, operations and service infrastructure of iVOOMi in the Indian market with sales being skilfully supported by a dedicated network of 500+ service centers across the country.
"The brand's products are tailor-made to suit the Indian audience and environment. These products would be launched in the price segment of 7K to 13K. We are in India for the long run and will affirmatively contribute to the 'Make in India' initiative. Currently, the company's products would be assembled and packaged in India", he added.
The company plans to launch its 1 Smartphone, featuring a Notch Display, designed for the urban and young audience of the country.
Furthermore, the product range would include smartphones, smart accessories, and more.