Ipo Filing Reveals Ratan Tata Is The Only Indian Investor In Xiaomi

A BloombergQuint report says, Tata is, as per Xiaomi’s IPO documents, the only Indian investor in the company, which has built a name for itself on the back of affordable quality smartphones. The former Tata Group chairman routed his investments through RNT Associates International, according to BloombergQuint.

“Now with players like Huawei and Oppo targeting the Indian market more aggressively and Samsung too refreshing its portfolios, all this could slow down its growth in the country,” Karn Chauhan, research analyst at Counterpoint Research was quoted as saying.