Muralikrishnan B joins Xiaomi India
2018-07-07The Indian smartphone market has enough growth potential and is witnessing a high rate of growth in the market. With the increasing penetration of 4G, which has further propelled this growth, there seems to be a big potential in the feature phone market for conversions. To address this segment even more extensively, Xiaomi has recently appointed Muralikrishnan B as its India chief operating officer(COO), who will report to it’s Global VP, Manu Jain. Muralikrishnan has previously worked with eBay.in as their head and later joined Jabong as the COO. Prior to joining Jabong in February 2016, Murlikrishnanhas worked as the COO of online real estate portal, India Property.
Xiaomi works strongly with the start-up culture and is constantly striving to come up with innovative tech solutions for all communities in India and ensures that every individual should have the right to access the best of technology without having to splurge excessively for it by bringing the best of technology at the most affordable rates.
Xiaomi had recently filed for a Hong Kong initial public offering for $4.72 billion. It is the largest listing by a Chinese tech company in almost four years of gap. The listing would value the company at up to $100 billion and would be the biggest Chinese tech IPO since Alibaba Group Holding Ltd raised $21.8 billion in 2014. It is said to be the much-hyped IPO. Secondly, the company also maintained its lead in India's online smartphone market with a share of 57% in the first quarter of 2018.
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