Skyworth Group, the China-based TV and appliance maker, is partnering with India’s Jaina Group to manufacture and sell Panasonic-branded televisions in India. Industry sources say Jaina is likely to hold at least a 51% stake, while Skyworth takes the remainder, though the exact structure wasn’t disclosed. The agreement was signed in China and the partners plan to launch a new product range next month. The JV also aims to build local supply chain capabilities, building on Jaina’s recent role as Panasonic’s distribution partner in India.
Instafix, a 30-minute doorstep repair service for premium smartphones, has raised Rs 7.55 crore in a pre-seed round co-led by Titan Capital and 8i Ventures. The startup, founded by ex-Blinkit leaders in 2025, responds to a broken repair experience that often returns within days and lacks reliable warranty coverage. Instafix says each repair is done on-site by certified technicians, typically in 30 minutes, backed by up to 12 months warranty, and costs up to 50% less than OEM centres. The funding will scale operations beyond iPhones.
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Mekr Technologies, a New Delhi design-and-manufacturing startup, has raised Rs 67 crore in a Series A led by Avaana Capital, with Titan Capital Winners Fund participating. The funds will go into R&D, tooling, manufacturing automation and supplier localisation to improve export readiness. Mekr positions itself as an ODM platform merging engineering, prototyping, certification and mass production to reduce reliance on imported components.
BCI startup Neurable says its “non-invasive” neural data collection could move from research to real consumer wearables. The company is exploring a licensing model for its mind-reading tech, aiming to enable new hands-free experiences and applications outside the lab—assuming the challenges of accuracy, comfort, and privacy can be solved at scale.
India’s appliance repair world is being reshaped as smartphones, smart TVs, and more complex devices raise both the cost and stakes of fixing electronics. Where informal, technician-led visits once dominated, organised, tech-enabled service networks are now gaining ground. Consumer expectations for quicker, reliable turnaround and transparent service are accelerating the shift.
Festive season cheer is flowing to cars and consumer electronics, boosted by demand and GST cuts, with multiple categories hitting record sales. But airlines are noticeably left out as air travel demand struggles. The mismatch points to higher travel costs, pricing pressure, and shifting consumer preferences that are reshaping India’s holiday travel economy.
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India’s white-collar hiring remains resilient, with steady month-on-month growth and stronger year-on-year momentum. Consumer electronics led the charge with a 70% YoY rise, while senior roles climbed 36%. Mumbai topped city growth, and diversity hiring surged 53% over two years—driven by women accounting for 68% of these hires. Tier-2 cities are catching up too.
Atomberg’s cofounders are reorganising top leadership ahead of a potential IPO. Manoj Meena has been named chairman and managing director, tasked with innovation and long-term strategy. Shibam Das steps in as CEO to oversee the consumer business, including fans and appliances. The internal reshuffle signals a new execution focus as the company positions for the next growth phase.
Meta Platforms will raise prices for its Quest VR headsets in the United States starting April 19, citing higher memory chip costs. The adjustments will apply to the entry-level Quest 3S and the higher-end Quest 3 models. Meta’s move follows a broader trend as other tech firms also pass on component supply and pricing pressures to customers.
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