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The Economic Times
The Economic Times

Applying Chinese ecosystem learning to build Indian smartphone; eyes Rs 7,500 crore sales: NxtQuantum founder

With over 20 years of industry experience, including building mobile phone brands in the Chinese ecosystem like Realme, NxtQuantum founder Madhav Sheth says he is applying that learning to build the Indian smartphone brand AI+ to compete with global smartphones.

In an interview with PTI, Sheth said his bootstrapped company launched its first smartphone in September 2025 and garnered revenue of Rs 965 crore in the first fiscal year.

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