About HMD Global
HMD Global is a Consumer company based in Espoo (Finland) founded in 2016. Mobile technologies for Nokia are manufactured and supplied globally. HMD Global has raised $610 million across 3 funding rounds from investors including Google, Qualcomm and Nokia. The company has 68 employees. HMD Global was last valued at $1 billion in May 2018. Its Indian entity Hmd Mobile India Private Limited reported revenue of ₹1,454 Cr. HMD Global offers products and services including HMD Fusion, HMD Skyline, HMD Pulse Pro, Nokia 3210, and Nokia 225 4G. Its focus areas include Consumer Goods, Mobiles & Accessories and Mobile Phones.
Company details
HMD Global was established in 2016 in Espoo, Finland, as a key player in the telecommunications sector. Mobile devices and related technologies under the Nokia brand are developed, manufactured, and distributed by the company. Operations encompass design, production, and supply chain management, with a focus on feature phones and smartphones. Products are supplied to markets worldwide through partnerships and direct channels, emphasizing reliable hardware solutions.
- Headquarters Espoo, Finland
- Employees 68
- SectorsConsumer
- Website hmdglobal.com
- Social LinkedIn YouTube
- Legal Name Hmd Mobile India Private Limited
- Date of Incorporation 07 Oct, 2016
- Jurisdiction New Delhi, Delhi, India
- 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
- InvestorsGoogle
& 4 more
- Employee Count68
Associated legal entities of HMD Global
HMD Global operates through Hmd Mobile India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hmd Mobile India Private Limited CIN U74999DL2016PTC347091 | Active | 07 Oct 2016 | New Delhi, Delhi | ₹1,454 Cr | 68 | 2 | View details |
Products & Services of HMD Global
HMD Global offers a comprehensive portfolio of products and services, including HMD Fusion, HMD Skyline, HMD Pulse Pro, Nokia 3210, and Nokia 225 4G.
Android smartphone with customizable and repair features.
Feature-rich Android device for everyday use.
Budget Android phone with camera enhancements.
Classic feature phone with modern updates.
Compact 4G feature phone for basic communication.
Apps and channels of HMD Global
its YouTube channel HMD has 941K subscribers and 30 videos.
Videos from HMD Global
The most watched videos on HMD Global's YouTube channel, HMD (941K subscribers). Click a video to play it here.
More on HMD.
Funding Insights of HMD Global
HMD Global 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 — $230M
- First Round $100M
(May 2018)
- Investors Count 5
All 3 funding rounds of HMD Global with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| May 2018 | $1B | •••••••• |
Last known valuation $1B (May 2018). 5 investors in total: 5 institutional.
Investors in HMD Global
HMD Global has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Qualcomm and Nokia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| ginkopartners.com | ||||
A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more | 1998 | google.com | Mountain View, United States | |
Provider of cloud and AI-based cellular communication ICs | 1985 | qualcomm.com | San Diego, United States | |
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | nokia.com | United States | |
Fihmb is engaged in manufacturing mobile and consumer electronics globally. | fihmb.com |
Investor details for HMD Global
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Hmd Mobile India Private Limited (HMD Global)
Hmd Mobile India Private Limited is the primary company behind HMD Global. 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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jean Francois Baril DIN 08746958 | Director | 25 May 2020 | 6 yrs 5 mo | Hmd Mobile India Private Limited |
| Rahul Kumar Chauhan DIN 08863714 | Director | 07 May 2021 | 5 yrs 5 mo | Hmd Mobile India Private Limited |
People of HMD Global
70 people are tracked at HMD Global (29 in leadership, 2 in board & advisors, 39 in team); the tracked headcount is 68.
| Name | Role | Group |
|---|---|---|
Peeyush Kaushik | Sales Head India | Leadership |
ᴩɢᴅɪᴘᴍ Gayan Wijethilaka ᴍʙᴀ ᴍꜱʟɪᴍ, ᴄᴩᴍ (ᴜᴋ ꜱʟ ᴀꜱɪᴀ) | Country Head (sri Lanka /nepal/ Singapore) | Leadership |
Rex Fryhover | Head Of Operations, North America Region | Leadership |
Kecheng Bi | Director Market Access, Greater Asia, Middle-east And Africa | Leadership |
Rajan Arora | Sales Head-east Region At HMD | Leadership |
Geetika Khanna | Head Of Hr, India | Leadership |
Haipeng Qiu | Head Of GCR Care | Leadership |
Rajeev Suri | Head Of Global Warranty Operations | Leadership |
St Doddy Nurhasman | Head Of Production Operation, Supply Chain & Demand Planning | Leadership |
Alain Lejeune | COO | Leadership |
Patrick Henchie | Head Of Product And Operations, Sub Sahara Africa | Leadership |
Alan Zhou | Head Of China BU | Leadership |
Hassan Shakeel | Head Of Operations Local Assembly | Leadership |
Ralf Heptner | Head Of Customer Care | Leadership |
Reza Serafat | VP - Quality, Care, Compliance And Secure Engineering | Leadership |
Jay Bhavsar | Head Of Care Quality And Recommerce | Leadership |
Emma McDonnell | VP, Human Resources | Leadership |
Amaranga Gunathilake | Head Of Sales - Sri Lanka At HMD Global | The Home Of Nokia Phones | Leadership |
Jenni Schneider | Director, Business Infrastructure, Applications And Processes | Leadership |
Purvi Malaviya | HR Business Partner, Asia, Middle & Africa | Leadership |
50 more people are available in the full profile.
Complete people profiles for HMD Global
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of HMD Global
Figures of Hmd Mobile India Private Limited, the primary company behind HMD Global, 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.
Detailed financial statements for HMD Global
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of HMD Global
4 dated milestones of HMD Global across 6 years, from founding to its latest funding, stage changes and deals.
- Founded HMD Global is founded.
- Funding First funding round of $100.0M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series B, of $230.0M.
Web traffic of HMD Global
The website of HMD Global (hmdglobal.com) receives about 5.3K visits a month.
- Monthly visits5.3K
▼ 8.3% vs previous month
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Related news about Hmd Global
Complete news archive for HMD Global
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Frequently Asked Questions about HMD Global
HMD Global was founded in 2016 and raised its 1st funding round 2 years after it was founded.
HMD Global is headquartered in Espoo, Finland.
HMD Global 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 has 68 employees.
The primary company behind HMD Global, Hmd Mobile India Private Limited, reported revenue of ₹1,454 Cr for FY 2025, down 20% year on year.
HMD Global was established in 2016 in Espoo, Finland, as a key player in the telecommunications sector. Mobile devices and related technologies under the Nokia brand are developed, manufactured, and distributed by the company. Operations encompass design, production, and supply chain management, with a focus on feature phones and smartphones. Products are supplied to markets worldwide through partnerships and direct channels, emphasizing reliable hardware solutions.
HMD Global offers HMD Fusion, HMD Skyline, HMD Pulse Pro, Nokia 3210, and Nokia 225 4G.
The valuation of HMD Global is $1B as of May 2018.
HMD Global operates through Hmd Mobile India Private Limited.
The legal entities of HMD Global currently have 2 directors, including Rahul Kumar Chauhan, Jean Francois Baril.