Swipe Telecom launches first 3D tablet in India
Posted on: 11:23 AM IST Jul 26, 2012
Mumbai: California-based Swipe Telecom launched a range of tablets, including the country's "first 3D tablet". The tablets are priced in the range of Rs 5,999 to Rs 8,999. The one with phone facility is priced at Rs 8,999.
The 3D Life Tab X74 runs Android 4.03 OS and has a 7-inch capacitive touchscreen. The 3D tablet has 512MB DDR3. The tablet has an internal storage space of 4GB (can be expanded to 8GB/16GB). It has a 3400mAh battery.
The company claims that these are the fastest and lightest devices in the category. Swipe Telecom Founder and Chief executive Shripal Gandhi said the dometic tablet PC market was 0.95 million units or Rs 2,200 crore in value last year, but is expected to touch 2.2 million units this year.
The US, the largest tablet market with 20.9 million units sold in 2011, is projected to sell more than twice as much, at 42.5 million, this year. Europe is expected to witness sale of 28.7 million tablets this year.
Co-founder and Chief Financial Officer Aman Gupta said the company is backed by Mantra Ventures with commitment of USD 10 million, and is also in discussion with other PEs for an additional USD 20 million.
Mantra Ventures has a portfolio consisting of companies in the real estate, KPO, BPO and healthcare.