Cyanogen Inc is poised to flood the Indian market. According to what has been reported by the Economic Times the company would have made agreements that will lead to selling smartphones in India for next year with more than 6 manufacturers.
The news of these new agreements comes a few days after the submission of yet another smartphone Yu a top range from Yutopia name that will be sold, from the Indian Division of Micromax, in the coming days in India for about 350 euros.
Considering the market expansion the company founded by Steve Kondik has also decided to increase the workforce of the Bangalore team, taking up to 60 employees by the end of 2016.But that’s not all. The company is gearing up to increase further, since many rumor would like to place on the market a line of smartphone products important enough within the next 12-18 months. The first announcement might arrive at Mobile World Congress.
Cyanogen Inc. will try therefore to capitalize all funding received during this 2015, with the goal of bringing higher and higher its operating system. Among all the funding received from Cyanogen Inc. Remember that only 80 million dollars have been paid by Premji Invest, a private company based in Bangalore.