India sees over 226 pc surge in startup funding at $596 mn this week
The Indian startup ecosystem bounced back this week in terms of raising funds, clocking more than 226 per cent surge with securing around $596 million in total.
Buoyed by its performance in the fourth quarter last year, Chinese smartphone maker Xiaomi on Wednesday launched two devices – Xiaomi Redmi Note 5 and Note 5 Pro – in the price-sensitive Indian market.
The Xiaomi Redmi Note 5 – a successor to the highly-acclaimed Redmi Note 4 – will cost Rs 9,999 for the 3GB RAM and 32GB storage variant and Rs 11,999 for the 4GB RAM and 64GB variant. The device comes with 4000mAh battery and the Qualcomm Snapdragon 625 processor.
Xiaomi Redmi Note 5: full specifications
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Xiaomi Redmi Note 5 Pro will cost Rs 13,999 for the 4GB RAM and 64GB variant and Rs 16,999 for the 6GB RAM and 64GB ROM option.
Housing the dual rear-camera system (12MP+5MP) and a 20MP selfie shooter, Redmi Note 5 Pro is the first Xiaomi smartphone to come with the “Face Unlock” feature. It also has the latest Snapdragon 636 processor.
Xiaomi Redmi Note 5 Pro: full specifications
“Today, we have 57 percent market share in the online segment in India. Xiaomi is also second biggest offline brand in the country with 9 per cent share. We shipped nearly 9.6 million Redmi Note 4 handsets in 2017,” Manu Kumar Jain, Xiaomi India Managing Director and Global Vice President, told the gathering at the event.
Featuring an 18:9 full HD+ display with rounded corners, Redmi Note 5 Pro gives 12.5 percent more display area compared with smartphones using 16:9 screens.
Xiaomi Redmi Note 5, Redmi Note 5 Pro: Price and Availability
The Xiaomi Redmi Note 5 is priced at Rs. 9,999 for the 3GB RAM variant, whereas the 4GB RAM with 64GB storage variant comes at Rs. 11,999. It comes in Black, Gold, Rose Gold and Lake Blue colours.
The Xiaomi Redmi Note 5 Pro is priced at Rs. 13,999 for the 4GB RAM version, while the 6GB RAM version costs Rs. 16,999. It also comes in Black, Gold, Rose Gold and Blue colours as the Note 5.
Both, Redmi Note 5 and Note 5 Pro, will be available exclusively from Flipkart, Mi.com and Mi Home Stores starting February 22.
(Written with inputs from IANS)
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