Reason for Sale
Our Director Mrs. S**** Malik is MBA In HR & a university Rank Holder she always inspires with Innovative Ideas In Marketing & Taking Care of HR with great Human Values, Her Financial Monitoring & Inputs give lot of Strengths to the Organization. She drives business with systems and processes with the foundation of profitable work relationships that she has acquired through years of expertise in different sectors.
|Sale Value/Investment Value||₹ 68 Cr.|
|Revenue Detains||₹ 62 Cr.|
|Asset Size||₹ 22 Lakh|
|Transaction type||Wholly Sale|
|Financials Details of the Company document|
realme is a technology brand officially established on May 4, 2018 by Sky Li
And Indian CEO Mr. M***** Seth. The aspiration of realme is to provide
products with a comprehensive superior experience for the young, and realme is
committed to be a trendsetting technology brand.
Due to the abilities in cutting-edge technologies of smartphones and IoT, realme
brings consumers products with trendsetting technologies, features and
trendsetting experiences that are first applied in the price segment.
At the beginning of 2020, realme announced its dual driven strategy of
“Smartphone + AIoT”. In June of 2020, realme's global users of smartphone
reached 35 million and its sales volume of AIoT audio products broke the record
of 1 million. According to the statistics of Counterpoint global smartphone
shipments in Q1 of 2020, the emerging smartphone brand realme still ranks 7th
with year-over-year growth rate of 157% which ranks the first in the world as
well. As the world's fastest-growing smartphone brand, realme stands firmly
among the mainstream smartphone brands with major focus on Upcoming 5G
Within a year of establishment, realme has already entered the
markets of India, China, Indonesia, Vietnam, Thailand,
Philippines, Malaysia, Singapore, Myanmar, Pakistan, Nepal,
Bangladesh, United Arab Emirates, Egypt, Italy, Spain, France,
England, Russia and China.