Realme, one of the technology brands that provide high-quality smartphones with trendsetting designs, is planning to strengthen its operation in Nepal. With the growing number of smartphone users and people’s interest in technology and the internet in the country, Realme plans to bring best-in-class products for Nepalese. Realme reckons the interest of Nepali customers towards cutting-edge technology and is planning to distribute such smartphones in all price segments for consumers.
In the endeavor, Realme has joined hands with Shanker Group, a well-known global multifaceted distributor in the country, for the nationwide distribution of high-tech products from Realme. Moreover, as the market flourishes, Realme plans to partner with other distributors in the country.
Shahil Agrawal, MD at 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.”
Furthermore, Madhav Sheth, the Vice President at Realme and CEO at Realme India and Europe will lead the business operations of Nepal in addition to Indian and European markets. Madhav has succeeded to retain its position in the top 4 smartphones in India, Czech Republic, and Greece. Moreover, the brand becomes the top 5G smartphone in India with a market share of 23% in Q2 2021.
And, with this new step, Madhav seems to have some plans and goals for Nepal as well. Mr. Madhav Sheth 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”.
Realme plans to bring some high-tech smartphones in every price segment from mid-range to premium in Nepal. They are also emphasizing bringing creative products with cutting-edge technology.
In the second quarter of 2021, Realme has made some significant improvements in its numbers. The brand grew by 135% YoY and 17% QoQ as per Counterpoint. Let’s hope the journey Realme is embarking on in the country will benefit everyone- Realme and the Nepalese customers.