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XIAOMI FINANCIAL SERVICES
Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...- Xiaomi offers loans for under Rs 15K phones to push salesXiaomi, currently the third-ranked smartphone seller in India, has introduced Xiaomi Easy Finance Program (XED), defined as a digital loan ...
- Xiaomi to only sell smartphones in India nowThe decision comes at a time when Indian authorities are probing the local unit of the Chinese smartphone company for alleged violation of ...
- Xiaomi shuts financial services business in IndiaThe company's Mi Pay app, which allowed users to make bill payments and money transfers, is no longer listed among the recognized third-par...
- Xiaomi discontinues Mi Financial Services in India to focus on core business servicesChinese smartphone maker Xiaomi on Friday announced that it has shut down the Mi Financial Services in India, as per media reports. The dec...
- Xiaomi India elevates COO Muralikrishnan as PresidentMuralikrishnan served as the Chief Operating Officer at Xiaomi India since 2018.
- Xiaomi accuses ED of 'physical violence' threats during forex probe, agency calls charges baselessXiaomi has been under investigation since February and last week the Indian agency seized $725 million lying in the company's India bank ac...
- Xiaomi to soon offer business loans, gold loans and credit line card servicesXiaomi's Mi Pay service, which was launched in 2018, had touched 20 million registered users in a year's time. This number has now crossed ...
- Xiaomi to offer gold loans, insurance in India: MD Manu JainXiaomi is looking to provide the full spectrum of financial services across payments, lending and insurance in India and is partnering lend...
- Xiaomi to start focusing on fintech business growth this year: Manu JainThe handset maker is aiming to become one of the largest players in the country's fin-tech space through its Mi Credit lending service and ...
- Government's move to ban apps will hurt Xiaomi India revenue: AnalystsA browser earns royalties from its default search engine , digital ads and other integrated shortcuts on its home page. Mi Browser currentl...
- India's investment policy upsets Xiaomi, Oppo's consumer finance plansXiaomi and Oppo, with more than 100 million in combined smartphone users in India, cannot directly lend to consumers without a shadow banki...
- Xiaomi bets big on financial services in IndiaIt has started talks with banks and more nonbanking financial companies to launch more services, having brought on board Aditya Birla Finan...
- Parts makers’ plants to come on stream post polls: XiaomiXiaomi India MD Manu Jain says the announcement of the new factories got delayed because of the current election season.
- Xiaomi looks to monetise internet services in IndiaAfter beating Samsung in smartphones, Xiaomi now wants to generate revenue from internet services.
- Xiaomi, India's biggest smartphone maker, now wants to lend you moneyXiaomi now plans to foray into consumer finance and business-to-business lending by floating a NBFC.
- Xiaomi plans to float a NBFC in India, to soon seek RBI approvalXiaomi Financial Services plans to provide loans to consumers for purchasing electronics, home appliances, lifestyle products etc.
- Xiaomi investors question $100 billion valuation goal for IPOPeople close to the deal had built up the idea that Xiaomi could raise at least $10 billion at a valuation of $100 billion, which would mak...
- Xiaomi turns profitable in third year in IndiaXiaomi together with another Chinese smartphone maker Oppo Mobiles, added over $2 bn of sales in India, considering the latter too grew by ...
- Xiaomi plans R&D centre in India, Bangalore may host local centre for ‘Apple of China’“We want to have an R&D centre with actual engineering team who will build features for the Indian market." Hugo Barra, VP, international o...
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