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XIAOMI FUNDS
DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...- Lumio eyes Series A round after $4 million seed fundingLumio, a new home entertainment firm, plans to raise more funds. The company, started by ex-Xiaomi and Flipkart staff, already secured $4 m...
- Xiaomi’s India growth hit by regulations, sales drop, delaysXiaomi's growth prospects in India are diminishing due to increased regulatory scrutiny and declining market share. The company's revenue c...
- Outcome of tax disputes holds key to Xiaomi’s opsXiaomi Technology India's ability to continue as a going concern depends on the outcome of multiple regulatory and tax disputes and additio...
- Court quashes tax dept's $448 million block on Xiaomi's deposits: SourcesThe fund freeze by income tax authorities was on top of another legal tussle Xiaomi faces where it has challenged a block on $666 million o...
- India tax authority froze $478 million of Xiaomi funds in February: Sources, documentThe fund freeze by tax authorities, being reported for the first time by Reuters, comes on top of another legal tussle Chinese smartphone g...
- Karnataka HC lifts block on $725 mn of Xiaomi's assets in royalty caseThe Enforcement Directorate last week seized the bank assets of Xiaomi Technology India Private Limited, saying it had found the company il...
- ED seizes Rs 5,500 crore of Xiaomi in FEMA caseCompany being probed over alleged illegal royalty payments made to three foreign entities. Smartphone maker denies any wrongdoing, assures ...
- ED seizes Rs 5,551 crore of Xiaomi India for alleged forex violationThe Directorate of Enforcement (ED) has seized Rs.5551.27 crore of Xiaomi Technology India Private Limited under the provisions of Foreign ...
- Enforcement Directorate summons former Xiaomi head Manu Jain in investigationThe Enforcement Directorate has been probing the company since at least February, and in recent weeks asked Manu Kumar Jain, Xiaomi's forme...
- Enforcement Directorate summons former Xiaomi head Manu Kumar Jain in investigation: SourcesThe agency has been probing the company since at least February, and in recent weeks asked Manu Kumar Jain, Xiaomi's former India managing ...
- Xiaomi pledges 15 crore to relief fund“Xiaomi will donate INR 10 crores to the honorable PM’s relief funds and CM’s relief funds across various states,” Xiaomi Global VP and Ind...
- Xiaomi looks to monetise internet services in IndiaAfter beating Samsung in smartphones, Xiaomi now wants to generate revenue from internet services.
- Xiaomi pumps Rs 3,500 crore into India businessThis fund infusion comes at a time when Samsung has upped its smartphone game in India.
- Soros, Hillhouse place orders in $6.1 billion Xiaomi IPOXiaomi had attracted cornerstone investments from Qualcomm Inc. and China Mobile Ltd. for the deal.
- Does ageing unicorn Xiaomi deserve $50 billion valuation in IPO?Xiaomi does deserve credit for its incredible turnaround, which includes a standout 2016.
- Xiaomi may integrate OS with mobile technology services startupsThe Chinese technology company had made its first investment in India, leading a $25-million funding round into Hungama Digital Media Enter...
- Xiaomi’s $45-billion valuation looks unfeasible as sales falter with cooling growthXiaomi’s falter shows the startup’s challenge in trying to maintain momentum after a meteoric ascent past Apple and Samsung Electronics in ...
- Ratan Tata invests in Chinese phone-maker Xiaomi, size of investment not disclosedThe undisclosed amount of equity in Xiaomi, the world's fifth largest smartphone maker, is Ratan Tata's sixth investment in the digital eco...
- Xiaomi sells 2.11 million phones in 12 hours; sets Guinness recordXiaomi said it has set a new Guinness World Record for mobile phone sales by selling 2.11 mn handsets in a 12-hr flash sale held to celebra...
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