Short Bio:Xiaomi Inc. is a Chinese electronics and software company headquartered in Beijing. Xiaomi designs, develops, and sells smartphones, mobile apps, laptops and related consumer electronics.
Xiaomi released its first smartphone in August 2011 and has rapidly gained market share in China to become China’s largest smartphone company in 2014.
As of 2017 Xiaomi was the world’s 5th largest smartphone company. As of the start of Q2 of 2018, Xiaomi has now become the world’s 4th largest smartphone manufacturer. Xiaomi has expanded into developing a wider range of consumer electronics, including a smart home (IoT) device ecosystem.
Xiaomi has 15,000 employees in China, India, Malaysia, Singapore and is expanding to other countries such as Indonesia, the Philippines and South Africa. Lei Jun, the founder and CEO, has an estimated net worth of US$6.8 billion. He is China’s 24th richest person in 2017. Xiaomi is the world’s 4th most valuable technology start-up after it received US$1.1 billion funding from investors, making Xiaomi’s valuation more than US$46 billion.
Manu Kumar Jain (born: 25 January 1981) is a leading Indian entrepreneur and the global Vice President of Xiaomi. He is also the Managing Director of Xiaomi India.
Jain hails from Meerut (Uttar Pradesh, India) and holds a degree in Mechanical Engineering from IIT Delhi and an MBA from IIM Calcutta.
Jain co-founded Jabong.com, a fashion and lifestyle e-commerce portal in India and served as its Managing Director from February 2012 to January 2014.
1 Early life and education
3 Awards and honours
4 Personal life
Early life and education
Born and brought up in Meerut, Jain pursued a B.Tech course in Mechanical Engineering from Indian Institute of Technology, New Delhi, which he graduated in 2003.
He later secured an MBA from the Indian Institute of Management Calcutta in 2007.
After his B.Tech from IIT Delhi, Jain joined Headstrong (later acquired by Genpact) as a Software Engineer. He was employed with the company from 2003 to 2005.
Post his MBA, Jain joined McKinsey & Company in 2007. Here he worked across sectors such as sales & marketing, retail, FMCG, and automobiles as an Engagement Manager. After almost 5 years with the company, Jain went on to explore his entrepreneurial skills and co-founded Jabong in 2012.
Jain co-founded Jabong in 2012 and took up the role of Managing Director. He is known to have grown the company from inception and establish Jabong as a leading fashion and lifestyle online retail platform.
By the time Jain moved out of Jabong in 2014, the company was widely recognized as one of the leading retail portals in India.
Keen to explore his interest in smartphones, Manu Jain joined Xiaomi and was appointed as the Country Manager and Managing Director of Xiaomi India in 2014.
Jain was appointed global Vice President of Xiaomi in January 2017 after his predecessor, Hugo Barra, left the smartphone maker in 2017.
Notably, Jain was also the first employee at Xiaomi India and has been instrumental in making the brand as it is known today. Xiaomi is currently the No. 1 smartphone brand in India with a market share of 23.50% (IDC Q3 2017).
It’s interesting to note that in 2017, the top 3 smartphone models (in terms of sales) in India were all Xiaomi smartphones. These were the Redmi Note 4, Redmi 4A, and Redmi 4.
Jain is also known to be a strong supporter of the Indian government’s ‘Make In India’ campaign and has set-up three Xiaomi manufacturing plants (one exclusively for power banks) in India.
As of December 2017, Xiaomi India employs around 350+ people with plans of expanding even further.
| Smartphone | Tablet | Laptop | Audio | Watches | Fitness Bands | TV | Photo | | Video | UAV | Smart Devices | Personal Transport | Life Style | Spare Parts |