1st August 2021, Kathmandu
Realme to bring the best in class realme smartphone products to Nepali users
- realme aims to be among the TOP 2 smartphone brand in Nepal by 2022
- Madhav Sheth will also lead realme’s business operations of Nepal in addition to India and European markets
realme, the fastest-growing Tech brand has announced that it will further strengthen its operation in Nepal to bring Nepali users the best in class products. With localization and innovation at its core, realme sees Nepal as a critical market and will expand its presence in the Nepal smartphone market in order to meet consumer needs. realme following their core strategy wants to democratize the most cutting-edge technology of smartphones in Nepal and make them available in all price segments for consumers.
realme has also partnered with a known distributor Shanker Group which is a global multifaceted conglomerate of Nepal with interesting diverse spheres and will be looking for many more partners to increase the penetration of realme products in different categories.
With this business development, Madhav Sheth, currently the Vice President, realme, and CEO, realme India and Europe, will also be spearheading the brand’s presence and business operations in Nepal and will continue to lead the India & Europe growth story for realme. With Madhav’s intelligence, today realme is Top 4 in India, Czech Republic, and Greece and realme has become the top 5G smartphone brand in India with a 23% share in Q2 2021 and is the fastest brand to reach 50 million cumulative smartphone shipments in India, according to Counterpoint Research.
Commenting on the announcement, Mr. Madhav Sheth, Vice President, realme and Chief Executive Officer, realme India and Europe said, “It is yet another feather in the cap of realme’s remarkable journey and we have received great success in India and will look forward to receiving a similar achievement in Nepal where we are providing our latest and innovative products at democratized prices to Nepali users. We aim to be among the TOP 2 smartphone brands in Nepal by 2022. As I embark on this newly added role to lead realme’s Nepal operations, I am really thrilled and looking forward to bringing fantastic realme products to Nepal users”.
Shahil Agarwal, Managing Director, Shanker Group, said,
“We are proud to announce our official partnership with realme, for whom we will be the distributors of realme devices in Nepal. Through reamle’s partnership, we are aiming to bring the best of new-age tech products to our consumers in Nepal at the most affordable prices. We are extremely excited to be a part of realme’s journey in Nepal and hope to strengthen this relationship further in the years to come. ”
realme aims to make technology accessible to everyone and has been offering smartphones in every price segment from mid-range to premium in Nepal. This development reinforces realme’s ambition to expand further into the world’s burgeoning smartphone market, helped by cutting-edge technology, creative products, and exceptional customer service.
In the global smartphone market, realme grew by 135% YoY and 17% QoQ in Q2 2021 as per Counterpoint, crossing cumulative shipments of 100 million smartphones.
About realme
realme is a technology brand that specializes in providing high-quality smartphones and a trendsetting tech lifestyle. The brand was officially established on May 4th, 2018 by its founder Sky Li and Madhav Sheth in India, together with a young team that has rich experience in the smartphone industry. realme is committed to offering smartphones with trendsetting designs and technologies while exploring more possibilities of the Artificial Internet of Things.
realme has launched various smartphones across all price ranges from entry-level up to flagship segments, including India’s first 5G smartphone realme X50 Pro 5G. The brand has recently unveiled India’s first smartphone with MediaTek Dimensity 800U, realme 8 series with realme 8 Pro including the ultimate 108MP Infinity Quad Camera and realme 8 with a Super AMOLED Display, and realme 8 5G, India’s first 5G smartphone with MediaTek Dimensity 700 5G processor; realme X7 Max 5G India’s first smartphone with Density 1200 5G Processor, realme X7 Pro 5G, realme X7 5G, narzo 30 series with realme narzo 30 5G, realme narzo 30 4G; narzo 30 Pro 5G the most powerful 5G gaming mid-ranger and realme narzo 30A, powerful budget gaming ninja. realme’s product line includes best 4G flagship – realme X3 & X3 SuperZoom, entry-level value kings – realme C11, realme C12, and realme C15; its best 64MP quad-camera phone – realme 7i, realme 7 with the world’s first Helio G95 processor and most powerful 64MP camera, and India’s Fastest Charging 64MP Flagship- realme 7 Pro. Committed to offering a smart and trendsetting lifestyle for youth, realme had introduced its UNI Smart AIoT strategy earlier in 2020. As part of its tech-lifestyle product portfolio, the brand has recently introduced the realme Watch S Series, realme Smart TV, realme Band, realme Buds Wireless 2, realme Buds Wireless 2 Neo, realme Buds Q2 Neo, realme Watch 2, realme Watch 2 Pro, realme Buds Air Neo, realme Buds Q, realme Buds Air Pro, realme Buds Air 2 with the most affordable ANC, realme Adventurer Backpack, realme 30W Dart Charge power bank, realme M1 sonic electric toothbrush, realme Adventurer Luggage, realme Tote Bag 2.0, realme Motion Activated Night Light, realme Gaming Accessories Kit, realme Beard Trimmer Series, realme Hair Dryer, and the realme UI 2.0.
realme has become the top 5G smartphone brand in India with a 23% share in Q2 2021 and is the fastest brand to reach 50 million cumulative smartphone shipments in India, according to Counterpoint Research. According to Counterpoint Hearables Report (Q2), realme emerged as the No.1 brand in the TWS market, driven by Buds Air Neo and Buds Q. TechARC has ranked realme as No. 1 Quality Smartphone Brand with the lowest repair rate as well as the highest in customer engagement.
For more information, please visit www.realme.com
About Shanker Group
Shanker group was founded in the year 1979 by Mr. Shanker Lal Agrawal with the integration of diversified operating companies, which have grown over the years since the initial foray into business.
Shanker is a global multifaceted conglomerate of Nepal with interesting diverse spheres. The company is engaged in production, trading, and services in South Asia. Its businesses are linked to globally renowned market leaders who stand tall in their respective fields.
Shanker comprises over 30 operating companies across 14 business sectors; mining, steel, cement, synthetics, textile, FMCG, automobiles services, real estate, hospitality, investment, trading, and representation. The group has operations in Nepal and India and also exports to neighboring countries in South Asia.
For more than 80 years Shanker has been providing high-quality performance products to the industry through distributors and partners. We always continue to set and maintain the standards for better and reliable service in these demanding environments.
Popular brands under its multinational conglomerate umbrella include; TVS, PROTON, Case Heavy Equipment, ADNOC, Reinsurance, Lubricant, and the upcoming Hilton for Hospitality.
