Samsung Electronics : A loan firm in Bengaluru holds clue to Xiaomi`s next big bet in India

In India , Xiaomi has come to be synonymous with smartphones. But the Chinese company makes a range of products from rice cookers to electric scooters, and it has shown its intentions to not confine itself to just smartphones. It has already diversified into smart TV market and now microlending.
Xiaomi has just launched its first lending product in India on the lines of the microlending product Mi Credit
that it offers in China . According to an ET report, the new credit product, launched in par…

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