You are here: Home » PTI Stories » National » News
Business Standard

Xiaomi launches Mi Credit in India

Press Trust of India  |  * New Delhi 

Handset maker today said it has launched Mi Credit, using which its users can apply for loans.

"Mi Credit is currently available in partnership with KreditBee, an instant personal loan platform for young professionals. Currently, Mi Credit is available only for MIUI users (except Mi A1) where KreditBee is offering loans from Rs 1,000 up to Rs 1 lakh," said in a statement.

The loan process can be initiated in less than 10 minutes with KYC verification, it added.

"MIUI functions as an open platform for us to deliver our wide range of internet services, such as content, entertainment, and Mi Credit is another big step in bringing an to India," and said.


UrbanClap partners for furniture assembly service *

UrbanClap today said it has collaborated with as the furniture assembly service partner for the Swedish brand in

"As part of this collaboration, consumers purchasing a select range of furniture from the store will be able to book via the UrbanClap app or website," UrbanClap said in a statement.

Ikea will contribute in the training of the carpenters on UrbanClap's platform, thereby, upskilling them to become professional Ikea assemblers, it added.

Patrik Antoni, at Ikea said the Ikea trained carpenters will be listed on the UrbanClap platform and customers will be able to order their services.

"To further strengthen our services offer, Ikea will also have an in-house team of 150 assemblers, out of which today 75 are women in line with our commitment to have 50 per cent women co-workers at all levels in Ikea India," he added.

***** to foray into Bangladesh,


Real-time tracking today said it is expanding its presence in two international markets and

"The plan to expand our reach in International markets reflects the company's vision to become one of the most preferred and advanced tracking devices and applications across the globe," founder and said.

Last month, Letstrack had raised a seed funding of USD 1.7 million from UK-based investor

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 24 2018. 16:40 IST