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Leading smartphone vendor Xiaomi announced today that Ratan Tata, chairman Emeritus of Tata Sons, has made an investment in the company.
This is the first investment by any Indian into Xiaomi. In December last year, Xiaomi raised US$1.1 billion at a valuation of US$45 billion.
On 23 April, 2015, Xiaomi unveiled a new flagship smartphone Mi 4i in New Delhi, India. Over 1,500 Mi India fans packed the Siri Fort Auditorium to witness the presentation. In the first 2 days of registrations opening for the Mi...