HMD Global Oy

Espoo, Finland Founded: 2016 • Age: 10 yrs Unicorn
Manufacturer of android smartphones and feature phones, offering a range of devices with customizable and repairable designs, as well as a suite of solutions for business and individual users

About HMD Global Oy

HMD Global Oy is a Consumer company based in Espoo (Finland) founded in 2016 by Jean-Francois Baril. Manufacturer of android smartphones and feature phones, offering a range of devices with customizable and repairable designs, as well as a suite of solutions for business and individual users. HMD Global Oy has raised $610 million across 3 funding rounds from investors including Google, Qualcomm and Nokia. The company has 1,458 employees. HMD Global Oy was last valued at $1 billion in May 2018. Its chief executive, as recorded, is Jean-Francois Baril. Its website hmd.com draws about 1.8 million monthly visits. Its Indian entity Hmd Mobile India Private Limited reported revenue of β‚Ή1,454 Cr. HMD Global Oy offers products and services including HMD Fusion, HMD Skyline, Nokia 3210, and HMD Pulse Pro. Its focus areas include Consumer Goods, Mobiles & Accessories and Mobile Phones.

Company details

HMD is a technology company that designs and manufactures Android smartphones and feature phones, including the iconic Nokia brand. The company offers a range of devices that cater to different consumer needs, from big battery life to camera quality. HMD also provides customized solutions for businesses and emphasizes self-repair and sustainability through its HMD Skyline and HMD Fusion products.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹1,454 Cr

    FY 2025 · -20% YoY

  • Indian entity net profit
    ₹55.30 Cr

    FY 2025 · 4% margin

  • Indian entity EBITDA
    ₹75.50 Cr

    FY 2025 · 5% margin

  • Total Equity Funding
    $610M (USD)

    in 3 rounds

  • Latest Funding Round
    $230M (USD), Series B

    Jul 2022

  • Investors
    Google

    & 4 more

  • Employee Count
    1,458

Products & Services of HMD Global Oy

HMD Global Oy offers a comprehensive portfolio of products and services, including HMD Fusion, HMD Skyline, Nokia 3210, and HMD Pulse Pro.

HMD Fusion
Smartphone

Affordable Android smartphone with customizable features for daily use.

HMD Skyline
Smartphone

High-performance Android device for advanced users and connectivity.

Nokia 3210
Feature Phone

Basic feature phone offering simple communication and nostalgia.

HMD Pulse Pro
Smartphone

Budget Android smartphone focused on user-friendly camera features.

Apps and channels of HMD Global Oy

its YouTube channel HMD has 941K subscribers and 30 videos.

HMD
YouTube 941K subscribers 30 videos Howto & Style
Open channel

Videos from HMD Global Oy

The most watched videos on HMD Global Oy's YouTube channel, HMD (941K subscribers). Click a video to play it here.

HMD - Built for champions like you.
1.1M views
ISSA VIBE with Sanya Malhotra | HMD Vibe 5G Official Film 2025
551.1K views
Flip Back to Simplicity | HMD 2660 Flip – A Modern Classic 🔄
317.6K views
HMD 150 MUSIC | Loud Beats & Easy Shots – All in One! 🔥
87.3K views

More on HMD.

Funding Insights of HMD Global Oy

HMD Global Oy has successfully raised a total of $610M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $230 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $610M
  • Total Rounds 3
  • Last Round Series B β€” $230M
  • First Round $100M

    (May 2018)

  • Investors Count 5

All 3 funding rounds of HMD Global Oy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022$230MSeries B––
Aug 2020$280MSeries B–Google, Qualcomm
–
May 2018$100MSeries B–Ginko Ventures
Valuation history
DateValuationStage
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Full valuation and stage history of HMD Global Oy

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Last known valuation $1B (May 2018). 5 investors in total: 5 institutional.

Investors in HMD Global Oy

HMD Global Oy has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Qualcomm and Nokia.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
ginkopartners.com
A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more
1998google.comMountain View, United States
Provider of cloud and AI-based cellular communication ICs
1985qualcomm.comSan Diego, United States
Hardware and software solutions for telecommunications are provided by Nokia.
1865nokia.comUnited States
fihmb.com
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Investor details for HMD Global Oy

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Board of directors of Hmd Mobile India Private Limited (HMD Global Oy)

Hmd Mobile India Private Limited is the primary company behind HMD Global Oy. The board of Hmd Mobile India Private Limited currently have 2 directors; the longest-serving is Jean Francois Baril, appointed in 2020. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jean Francois Baril
DIN 08746958
Director25 May 20206 yrs 5 moHmd Mobile India Private Limited
Rahul Kumar Chauhan
DIN 08863714
Director07 May 20215 yrs 5 moHmd Mobile India Private Limited

People of HMD Global Oy

70 people are tracked at HMD Global Oy (30 in leadership, 2 in board & advisors, 38 in team); the tracked headcount is 1,458.

NameRoleGroup
Co-Founder & CEOLeadership
Peeyush Kaushik
Sales Head IndiaLeadership
ᴩɢᴅɪᴘᴍ Gayan Wijethilaka ᴍʙᴀ ᴍꜱʟɪᴍ, ᴄᴩᴍ (ᴜᴋ ꜱʟ ᴀꜱɪᴀ)
Country Head (sri Lanka /nepal/ Singapore)Leadership
Rex Fryhover
Head Of Operations, North America RegionLeadership
Kecheng Bi
Director Market Access, Greater Asia, Middle-east And AfricaLeadership
Rajan Arora
Sales Head-east Region At HMDLeadership
Geetika Khanna
Head Of Hr, IndiaLeadership
Haipeng Qiu
Head Of GCR CareLeadership
Rajeev Suri
Head Of Global Warranty OperationsLeadership
St Doddy Nurhasman
Head Of Production Operation, Supply Chain & Demand PlanningLeadership
Alain Lejeune
COOLeadership
Patrick Henchie
Head Of Product And Operations, Sub Sahara AfricaLeadership
Alan Zhou
Head Of China BULeadership
Hassan Shakeel
Head Of Operations Local AssemblyLeadership
Ralf Heptner
Head Of Customer CareLeadership
Reza Serafat
VP - Quality, Care, Compliance And Secure EngineeringLeadership
Jay Bhavsar
Head Of Care Quality And RecommerceLeadership
Emma McDonnell
VP, Human ResourcesLeadership
Amaranga Gunathilake
Head Of Sales - Sri Lanka At HMD Global | The Home Of Nokia PhonesLeadership
Jenni Schneider
Director, Business Infrastructure, Applications And ProcessesLeadership

50 more people are available in the full profile.

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Financials of HMD Global Oy

Figures of Hmd Mobile India Private Limited, the primary company behind HMD Global Oy, for FY 2025. Revenue was ₹1,454 Cr (-20% year on year). Net profit was ₹55.30 Cr (4% margin). EBITDA was ₹75.50 Cr (5% margin). Revenue has grown at a compounded annual rate of -4% over three years and -13% over five years.

  • ₹1,454 CrRevenue · FY 2025 · -20% YoY
  • ₹55.30 CrNet profit · 4% margin
  • ₹75.50 CrEBITDA · 5% margin
  • ₹1.00 CrPaid-up capital
  • 68Employees (provident fund records)
  • -4%Revenue CAGR, 3 years
  • -13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Hmd Mobile India Private Limited are on its company page.

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Detailed financial statements for HMD Global Oy

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Timeline of HMD Global Oy

4 dated milestones of HMD Global Oy across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded HMD Global Oy is founded.
  2. Funding First funding round of $100.0M.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Series B, of $230.0M.

Web traffic of HMD Global Oy

The website of HMD Global Oy (hmd.com) receives about 1.8M visits a month and ranks #26,626 among all websites worldwide, #3,362 in Consumer Electronics.

  • Monthly visits
    1.8M

    ▼ 4.7% vs previous month

  • Unique visitors
    894.6K

    per month

  • Global rank
    #26,626

    among all websites

  • Category rank
    #3,362

    Computers Electronics and Technology · Consumer Electronics

Similar websites

Websites whose visitors overlap most with HMD Global Oy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
nokia.com
100%
2.6M#18,363View details
motorola.in
motorola.in
65%
#20,569–
rebuy.es
rebuy.es
62%
#317,989–
allzone.es
allzone.es
62%
#84,121–
honor.com
60%
13.6M#4,827View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Hmd Global Oy

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Frequently Asked Questions about HMD Global Oy

HMD Global Oy was founded in 2016 and raised its 1st funding round 2 years after it was founded.

HMD Global Oy is headquartered in Espoo, Finland. It is registered at Espoo, Uusimaa, Finland.

Jean-Francois Baril is the CEO of HMD Global Oy, as recorded in our data. They have also founded this company.

HMD Global Oy is a funded company, having raised a total of $610M across 3 funding rounds to date. The company's 1st funding round was a Series B of $100M, raised on May 2018.

HMD Global Oy has 1,458 employees.

The primary company behind HMD Global Oy, Hmd Mobile India Private Limited, reported revenue of β‚Ή1,454 Cr for FY 2025, down 20% year on year.

HMD is a technology company that designs and manufactures Android smartphones and feature phones, including the iconic Nokia brand. The company offers a range of devices that cater to different consumer needs, from big battery life to camera quality. HMD also provides customized solutions for businesses and emphasizes self-repair and sustainability through its HMD Skyline and HMD Fusion products.

HMD Global Oy offers HMD Fusion, HMD Skyline, Nokia 3210, and HMD Pulse Pro.

HMD Global Oy has 5 investors. Key investors include Google, Qualcomm, Nokia, Fihmb, and Ginko Ventures.

The valuation of HMD Global Oy is $1B as of May 2018.

HMD Global Oy operates through Hmd Mobile India Private Limited.

The legal entities of HMD Global Oy currently have 2 directors, including Rahul Kumar Chauhan, Jean Francois Baril.

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