Xiaomi Indias Chief Enterprise Officer Raghu Reddy, who was in the important thing function for almost three years, has moved on from the corporate to pursue new alternatives, dependable sources stated.
Reddy, who spent greater than six years at Xiaomi India, was elevated as its Chief Enterprise Officer for its India operations in February 2020. He earlier headed the Classes and On-line Gross sales for Xiaomi India.
Xiaomi India confirmed the event, saying it has been a privilege to have Reddy as an integral a part of the Xiaomi India management staff.
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“He has performed an influential and important function in Xiaomi turning into the No. 1 smartphone and sensible TV model in India. As he strikes on to pursue totally different progress alternatives externally, we want him all the perfect for his journey,” the corporate spokesperson stated.
“Xiaomi India has constructed a robust management staff through the years, and we’ll look to strengthen this going ahead. As a model, we’ll proceed to concentrate on delivering innovation to everybody and democratising know-how for the lots,” the spokesperson stated.
Reddy performed a key function in propelling the corporate’s exponential gross sales progress.
He started his profession with Wipro Technologies as a software program engineer, and went on to work with Ernst & Younger as a senior marketing consultant, adopted by Snapdeal as a senior director.
Reddy’s departure comes at a time when Xiaomi India’s enterprise is rising steadily within the nation.
The corporate bought greater than 11 million smartphones within the nation throughout the Diwali festive gross sales.
Within the third quarter (Q3), Xiaomi led the India market with a 21 % cargo share.
The brand new launches throughout the quarter within the finances and mid-tier segments drove Xiaomi’s shipments and the model managed to take care of its high place available in the market, based on Counterpoint Research.
Within the sub-Rs 20,000 value band, Xiaomi was the highest 5G smartphone model in Q3 2022.
In the meantime, Xiaomi is gearing as much as launch the Redmi Note 12 5G sequence in India quickly. The corporate has confirmed the launch of the Redmi Notice 12 sequence within the nation by way of Twitter.
Xiaomi’s Redmi Notice sequence clocked 72 million prospects since its arrival 8 years in the past, setting new benchmarks within the smartphone trade, particularly in India.
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