Don’t miss the latest developments in business and finance.

Manu Kumar Jain exits Xiaomi group after 9 years long association: Details

Jain announced his exit from Xiaomi group with a social media post, adding that he will take some time off before rejoining the Indian startup ecosystem with "another fulfilling challenge"

Manu Kumar Jain, Managing Director, Xiaomi India
Former Xiaomi India head, Manu Kumar Jain
BS Web Team New Delhi
2 min read Last Updated : Jan 30 2023 | 6:33 PM IST
Manu Kumar Jain, Global VP of Xiaomi and former head of Xiaomi India, has parted ways with the Xiaomi group after nine years of association. Jain posted on social media to announce his departure, adding that he would be taking a break before returning to the Indian startup scene with "another fulfilling challenge."

“After nine years, I am moving on from the Xiaomi Group. I feel confident that now is the right time, as we have strong leadership teams across the world,” Jain wrote announcing his exit.

Jain, who co-founded Jabong, was one of the earliest employees of Xiaomi India. He wrote in his farewell post,

“We started as a one-person startup, working from a small little office. We were the smallest amongst the hundreds of smartphone brands, that too with limited resources and no prior relevant industry experience. But due to the efforts of a fantastic team, we were able to build one of the most loved brands in the country.”

Under Jain, Xiaomi has been the top smartphone brand in India since 2017, with investment from the Tata Group. The company has also been a catalyst for Make in India with 100 per cent of its smartphones and TVs being manufactured locally, Jain said.

In his farewell post, Jain announced that he will be taking some time-off, before taking up his next professional challenge. “I am a builder at heart and would love to build something new, ideally in a new industry. I am proud of having been a small part of the ever growing startup community, twice. I hope to return to it with another fulfilling challenge,” he wrote.

Topics :XiaomiMobile phone manufacturing in IndiaBS Web Reports

Next Story