•7”3D LIFE with 3G support is priced at Rs 5,999 •Also launches India’s lightest and slimmest Tabx78 priced at Rs 6,999 •Also launches 7” Tablet with SIM functionality with superfast 1 GB DDR III RAM priced at Rs 9,999SWIPE Telecom introduces India’s first 3D Tablet
•7” 3D LIFE with 3G support is priced at Rs 5,999
•Also launches India’s lightest and slimmest Tabx78 priced at Rs 6,999
•Also launches 7” Tablet with SIM functionality with superfast 1 GB DDR III RAM priced at Rs 9,999
•Bollywood heartthrob Malaika Arora Khan launches the first SWIPE Tablet
•Mantra Ventures commits $10 million private equity funding
•Swipe Telecom is in serious discussions with global Private Equity players to raise additional $20 million
California / Mumbai, 25 July, 2012: California-headquartered SWIPE Telecom, a technology start-up backed by Mantra Venture and incubated on the foundations of innovation today announced the launch of slew of cutting-edge Tablet PCs for the Indian market addressing latent as well as pent up demand for Tablet PCs in urban, semi-urban and rural India.
SWIPE Telecom today introduced India’s first 3D Tablet PC, called 3D LIFE. The vastly innovative 3D LIFE was launched by none other than Bollywood heartthrob Malaika Arora Khan at a glittering press conference held at Taj Mahal Palace Hotel in Mumbai.
The cutting-edge 3D LIFE targeted towards kids and youth provides breathtaking experience of 3D gaming and 3D videosfor its users and runs on the Android 4.03 Ice Cream Sandwich (ICS) operating system. It boasts of a 7" TFT Five Point Touch Capacitive screen packing 800x480 pixels. Under the hood, 3D LIFEis powered on an A13 Cortex processor on a blistering1.5GHZ clock speed, 4GB internal memory and a 512 MB DD RAM. The tablet can play videos for 5-6 hours at stretch offers a large battery life with a 3400 mAH battery.
3D LIFE also boasts of a 2MP front camera that supports video calling and it is priced at a stunning Rs 5,999.
SWIPE Telecom also launched another ‘first-of-its-kind’ tabX78 Float series targeted towards executives and business professionals which isIndia’s slimmest and lightest Tablet weighing 295 gramswith 8.5 mm thickness. The unique thing about X78 besides other factor is that it has Hindi Language Support.
The third innovation is tabX74S- HALO series, a7” smartphone Tablet with SIM functionality for calling and browsing internet, a touch screen with 5-point touch that runs on Android 4.03 Ice Cream Sandwich (ICS), a superfast 1 GB DDR III RAM, 4 GB inbuilt memorywith front and back shooters and Bluetooth at just Rs 8,999.
Commenting on the occasion, Mr. Shripal Gandhi, Founder and CEO, SWIPE Telecom, said: “We are glad to introduce cutting-edge products for the Indian market. India is fast approaching the 1 million per anum tablet sales with current size estimated at $ 400 million (Rs. 2200 crore). The market for Tablets is poised to explode to the extent that 1 million Tablets that got sold in a year will be sold every month in the next 3-5 years.”
“Our internal research shows massive latent demand for technologically superior Tablets such as 3D technology and a Smartphone Tablet at competitive prices. At SWIPE Telecom we have a repertoire of product designs that will cater to all strata of the society without pinching them on their wallets. Our business model is based on the philosophy that superior technology does not necessarily mean premium pricing,” he added.
Bollywood heartthrob Malaika Arora Khan said: “I am privileged to launch India’s first 3D tablet, 3D LIFE and India’s slimmest tablet pc, Float. It is good to be at the helm and see the heralding of a phenomena happening at your own hands. I wish SWIPE Telecom a grand success and look forward to watching 3D movies on my own 3D LIFE. What I liked most is that the SWIPE range of Tablets is as versatile as my personality.”The range of SWIPE Telecom’s Tablets are available at a click of a button on India’s leading online stores such as Flipkart, Snapdeal, eBay and Ncarry. SWIPE Telecom envisions 25000+ retail outlets across India where the products will be available soon. Besides, SWIPE Telecom’s 600+ service centers network across India will provide round-the-clock call center support for general and technical enquiry.
Mr. Aman Gupta, Founder and CFO, Swipe Telecom said, “We are backed by Mantra Ventures (having portfolio companies into real estate, KPO, BPO & healthcare) with commitment of $10 million and we are also into serious discussions with global Private Equity players to raise additional $20 million. We have set ambitious growth target and we are confident that we will achieve 10% market share within the first year.”
About SWIPE Telecom:
SWIPE is an innovative pacesetter with a vision to empower INDIA to be one of the top 10 nations in the world in terms of the availability of new tablet technologies, innovative solutions through its support and strategic vision. We originate from Sacramento, California which incidentally is our headquarters and also houses the research and design wings. The digital revolution has taken the world by storm and we are all set to unleash another one in the mobile computing arena. The beginning has been made in India, Mumbai followed by 600 + support centers across the country, to rewrite the history of digital market in India and world, thereby.