Fortune MNC 500 India 2026 edition
Rank#31- Total income
- ₹29,266 Cr
- Profit
- ₹288 Cr
Last year #28
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About Xiaomi
Xiaomi is a publicly listed company based in Beijing (China) founded in 2010 by Wanqiang Li. Multi-category consumer electronics are offered through an internet-first model. It operates on a Direct-to-Consumer (D2C) and Subscription Services model in Retail and Consumer sectors. Xiaomi has raised $1.45 billion across 7 funding rounds from investors including Qualcomm, Deutsche Bank and Morgan Stanley. The company has 26,571 employees. Xiaomi has completed 3 acquisitions, including DeepMotion, Duokan and Rigodesign. Its website mi.com draws about 52.6 million monthly visits. Its Indian entity Xiaomi Technology India Private Limited reported revenue of ₹25,984 Cr. Xiaomi offers products and services including Redmi Note 14 Pro+ 5G, Xiaomi Smart TVs, Redmi Pad 2, Redmi Watch Move, and Power Banks. Its focus areas include Technology, Consumer Electronics, Smartphones and Smart Home Devices.
Company details
Xiaomi India is involved in the distribution and sale of a wide range of consumer electronics, including smartphones, smart TVs, tablets, wearables, and accessories. The company operates within the technology sector, focusing on affordable and innovative solutions for personal and home use. Products are offered through online platforms and retail stores like Mi Home and Mi Authorized Stores. Emphasis is placed on quality in smartphones, TVs, and customer service, alongside initiatives like Xiaomi HyperOS for enhanced user experience.
Xiaomi is ranked #31 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Xiaomi
Operational Areas
Key Metrics
- Indian entity revenue₹25,984 Cr
FY 2024 · -3% YoY
- Indian entity net profit₹288 Cr
FY 2024 · 1% margin
- Indian entity EBITDA₹544 Cr
FY 2024 · 2% margin
- Total Equity Funding$1.45B (USD)
in 7 rounds
- Latest Funding Round$1B (USD), Debt – Conventional
Jul 2017
- InvestorsQualcomm
& 30 more
- Employee Count26,571
- Investments & AcquisitionsDeepMotion
& 2 more
Associated legal entities of Xiaomi
Xiaomi operates through Xiaomi Technology India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xiaomi Technology India Private Limited CIN U72200KA2014FTC076704 | Active | 07 Oct 2014 | Bengaluru, Karnataka | ₹25,984 Cr | 1,036 | 2 | View details |
Products & Services of Xiaomi
Xiaomi offers a comprehensive portfolio of products and services, including Redmi Note 14 Pro+ 5G, Xiaomi Smart TVs, Redmi Pad 2, Redmi Watch Move, and Power Banks.
Redmi Note 14 Pro+ 5G
Smartphones
Advanced smartphone with 5G connectivity and premium features.
Xiaomi Smart TVs
Smart Home
Smart TVs with high-quality display and features.
Redmi Pad 2
Tablets
Affordable tablet for entertainment and productivity tasks.
Redmi Watch Move
Wearables
Smartwatch designed for fitness and daily tracking.
Power Banks
Accessories
Portable power solutions for charging devices on-the-go.
Apps and channels of Xiaomi
Xiaomi publishes 2 mobile apps.
Funding Insights of Xiaomi
Xiaomi has successfully raised a total of $1.45B across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1 billion completed in July 2017. 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 $1.45B
- Total Rounds 7
- Last Round Debt – Conventional — $1B
- First Round $41M
(Dec 2010)
- Investors Count 31
All 7 funding rounds of Xiaomi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $1B | Debt – Conventional | – | – | |
| Apr 2015 | Angel Round | – | Ratan N Tata | – | |
| Dec 2014 | $1.1B | Series E | – | All-Stars Investment | |
| Aug 2013 | Series D | – | DST Global Partners | – | |
| Jun 2012 | $216M | Series C | – | Morningside | – |
| Dec 2011 | $90M | Series B | – | Morningside | |
| Dec 2010 | $41M | Series A | – | Morningside |
Valuation history
| Date | Valuation | Stage |
|---|
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31 investors in total: 30 institutional and 1 angel.
Investors in Xiaomi
Xiaomi has secured backing from 31 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Qualcomm, Deutsche Bank and Morgan Stanley.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused VC investment company funding companies in China | allstarinvestments.com | Hong Kong, China | ||
Private equity investments are managed by Yunfeng Capital in China. | yfc.cn | Shanghai, China | ||
Venture capital investment firm | dst-global.com | Menlo Park, United States | ||
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Venture capital investments are directed toward multiple sectors. | 2006 | qimingvc.com | Shanghai, China | |
Venture capital firm | idgcapital.com | New York, United States | ||
Multiple sectors are invested in by Morningside, a VC fund. | morningside.com | Newton, United States | ||
Series A startups in China are funded by Shangshi Capital. | shangshifund.com | Beijing, China | ||
Venture capital firm focused on B2B companies | ngpcap.com | Palo Alto, United States |
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Investor details for Xiaomi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Xiaomi Technology India Private Limited (Xiaomi)
Xiaomi Technology India Private Limited is the primary company behind Xiaomi. The board of Xiaomi Technology India Private Limited currently have 2 directors; the longest-serving is Varun Sabhash Madan, appointed in 2024. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Sabhash Madan DIN 10785314 | Director | 30 Sep 2024 | 2 yrs 1 mo | Xiaomi Technology India Private Limited |
| Sudhin Mathur DIN 03474713 | Director | 21 Jan 2025 | 1 yr 9 mo | Xiaomi Technology India Private Limited |
People of Xiaomi
336 people are tracked at Xiaomi (92 in leadership, 5 in board & advisors, 239 in team); the tracked headcount is 26,571.
| Name | Role | Group |
|---|---|---|
Wanqiang Li | Co-Founder & Senior Vice President | Leadership |
Yuling Wang | Regional Sales Director | Leadership |
Ivone | General Manager | Leadership |
Eugene Lu | Global Director Of Advertising Sales And Strategic Partnership | Leadership |
Guangping Zhou | Co-Founder & VP | Leadership |
Lei Jun | Founder, Chairman & CEO | Leadership |
Chen Yan | Senior Regional Sales Director For Latam Ecosystem | Leadership |
James Munn | Head Of Global Operator & Business Development | Leadership |
Dong W. | Vice President Of Human Resources | Leadership |
Zheng Qin | Product Director (big Data) | Leadership |
Zhifu Yan | International Business Development Director | Leadership |
Djordje Jovanovic | Marketing Director Of Balkan | Leadership |
Alaa Ramadan | Local | Marketing Director At Xiaomi Egypt | Leadership |
Qu Heng | VP & Chairman, Group Technology Committee | Leadership |
Jiangji Wong | Co-Founder & VP | Leadership |
Liu De | Co-Founder & VP | Leadership |
Lu Weibing | Partner & President | Leadership |
Valentine Chen | Cee&nordic AIOT Director | Leadership |
Long Chen | Senior Director Of Research | Leadership |
Vincent Cheng | Head Of Retail | Leadership |
316 more people are available in the full profile.
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Complete people profiles for Xiaomi
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IPO & Listings of Xiaomi
Xiaomi is a publicly listed company on the HKEX with ticker symbol 1810 in Hong Kong, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date09 Nov 2018
- Listed onFRA: 3CP
- Listed entityXiaomi Corporation Class B
- Exchange sectorElectronic technology
- ISINKYG9830T1067
- Share price26.48 HKD (+5.75% on the day) · 2026-10-14
- Market capitalisation639,834,915,467.00 HKD
- Price to earnings19.3
- EPS (diluted, trailing year)1.37 HKD
- Volume (last session)233,128,904
Financials of Xiaomi
Figures of Xiaomi Technology India Private Limited, the primary company behind Xiaomi, for FY 2024. Revenue was ₹25,984 Cr (-3% year on year). Net profit was ₹288 Cr (1% margin). EBITDA was ₹544 Cr (2% margin). Revenue has grown at a compounded annual rate of -10% over three years and -6% over five years.
- ₹25,984 CrRevenue · FY 2024 · -3% YoY
- ₹288 CrNet profit · 1% margin
- ₹544 CrEBITDA · 2% margin
- ₹2.1 LakhPaid-up capital
- 1,036Employees (provident fund records)
- -10%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Exchange-reported annual figures
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 495.94B HKD | 45.16B HKD | 40.74B HKD |
| 2024 | 396.72B HKD | 25.65B HKD | 30.18B HKD |
| 2023 | 299.42B HKD | 19.31B HKD | 21.12B HKD |
| 2022 | 325.66B HKD | 2.88B HKD | 10.73B HKD |
| 2021 | 395.68B HKD | 23.31B HKD | 27.24B HKD |
Balance sheet, profit and loss, cash flow and ratios of Xiaomi Technology India Private Limited are on its company page.
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Detailed financial statements for Xiaomi
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Investments & Acquisitions by Xiaomi
Xiaomi has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include DeepMotion, Duokan and Rigodesign.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Digital characters for animation are created using deep learning technology. | deepmotion.com | San Mateo, United States | 2014 | Jul 2021 | $77.3M | |
Web interface and graphic design services are provided. | rigodesign.com | Beijing, China | 2009 | Feb 2015 | •••• | |
Ebook reader and Apple TV apps are developed across platforms. | duokan.com | Beijing, China | 2010 | Oct 2012 | •••• |
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Timeline of Xiaomi
9 dated milestones of Xiaomi across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Xiaomi is founded.
- Funding First funding round of $41.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Duokan.
- Acquisition Acquires Rigodesign.
- Funding Latest funding round, Debt – Conventional, of $1.0B.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires DeepMotion.
- Acquisition Acquires Deepmotion.
Web traffic of Xiaomi
The website of Xiaomi (mi.com) receives about 52.6M visits a month and ranks #793 among all websites worldwide, #168 in Consumer Electronics.
- Monthly visits52.6M
▲ 1.4% vs previous month
- Unique visitors25M
per month
- Global rank#793
among all websites
- Category rank#168
Computers Electronics and Technology · Consumer Electronics
Visitor engagement
- Bounce rate40%
- Pages per visit3.9
- Average visit2 min 37 sec
- DevicesDesktop 32% · Mobile 68%
Similar websites
Websites whose visitors overlap most with Xiaomi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| samsung.com | 100% | 722.2M | #62 | View details | |
xiaomi.com | xiaomi.com | 95% | #4,734 | – | |
| apple.com | 92% | 530.5M | #73 | View details | |
| oneplus.com | 85% | 7.1M | #6,868 | View details | |
| kimovil.com | 82% | 5.6M | #9,294 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Frequently Asked Questions about Xiaomi
Xiaomi was founded in 2010.
Xiaomi is headquartered in Beijing, China. It is registered at Beijing, Beijing, China.
Xiaomi is a funded company, having raised a total of $1.45B across 7 funding rounds to date. The company's 1st funding round was a Series A of $41M, raised on Dec 2010.
Xiaomi has 26,571 employees.
The primary company behind Xiaomi, Xiaomi Technology India Private Limited, reported revenue of ₹25,984 Cr for FY 2024, down 3% year on year.
Xiaomi India is involved in the distribution and sale of a wide range of consumer electronics, including smartphones, smart TVs, tablets, wearables, and accessories. The company operates within the technology sector, focusing on affordable and innovative solutions for personal and home use. Products are offered through online platforms and retail stores like Mi Home and Mi Authorized Stores. Emphasis is placed on quality in smartphones, TVs, and customer service, alongside initiatives like Xiaomi HyperOS for enhanced user experience.
Xiaomi offers Redmi Note 14 Pro+ 5G, Xiaomi Smart TVs, Redmi Pad 2, Redmi Watch Move, and Power Banks.
Yes, Xiaomi is publicly traded on HKEX under the ticker symbol 1810.
Xiaomi has made 3 acquisitions, including DeepMotion, Duokan, and Rigodesign.
Xiaomi has 31 investors. Key investors include Qualcomm, Deutsche Bank, Morgan Stanley, China Merchants Wing Lung Bank, and Bank of China (Hong Kong).
Xiaomi operates through Xiaomi Technology India Private Limited.
The legal entities of Xiaomi currently have 2 directors, including Varun Sabhash Madan, Sudhin Mathur.