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Digital & Consumer Electronics Brand - Xmate disrupts the Indian market by launching an extensive product portfolio

Posted On: 2019-10-19 00:06:25

Phones are not the only things that have turned smart, there are a plethora of electronic gadgets that are turning smarter and accessible by the day. The extended peripherals that enhance ease and entertainment in our lives has just gotten bigger.

Understanding the Indian consumer's need for such products, Xmate (a new Digital & Consumer Electronics brand) from the house of Palred Technologies (BSE: PALRED) a homegrown consumer electronics company, launched 60+ products in multiple categories in just four months that will not only make life simpler but also have a flair in terms of the SWIG, design, functionality, and quality, making it worth every penny. Xmate products are backed by a 1-year warranty!

The products will be available only on Amazon India, spoiling the customers for choice in colours, designs and range. Xmate products are available at attractive prices on Amazon India during the current Great Indian Festival Sale.

The brand offers a whole new range of Electronics and Digital Lifestyle products that include Audio Devices (Bluetooth), Mobile Accessories, Computer & Gaming Peripherals, Action & security cameras, cables and connecting devices among others. With 60+ products launched within four months of inception, Xmate has become the go-to brand of many tech-savvy consumers with many of its products enjoying the top 5 positions as Best Sellers on Amazon.in

A brand that defines design and quality, Xmate brings cheer to the customers' everyday experience of using & enjoying technology enabled products in various spheres of life like work, travel, entertainment & day-to-day chores. In the next few months, Xmate has a promising line of products. The brand is planning to launch grooming accessories like trimmers, and mini home projectors in the Home Entertainment category.

Speaking on the brand's success and introducing new products, Mr. Harish Naidu (Director, Xmate) said: "Within the last 4 months, Xmate has received an overwhelming response from the consumers as we aim to make accessories that enable the customers technologically. With a new lease offreshness in design, tech, and a variety of options, Xmate will set a standard in the industry. We target to have 100 products under Xmate portfolio by the end of March 2020 in various categories like portable audio devices, cables & chargers, grooming electronic devices, Laptop/Computer accessories, home entertainment and many more."

Available only on Amazon, Xmate will also focus on Smart wearables, AI (artificial intelligence) enabled accessories & |oT devices, touted as the next big thing in this space. The fast-paced technological advancements in miniaturized electronics and accessories are propelling the growth of the sector and Xmate is all set to help consumers upgrade their lifestyles.

Xmate is all equipped to cater to the growing demand of the consumer for newer tech & lifestyle accessories, aiming to be the most preferred brand among tech aficionados.

Shares of Palred Technologies Limited was last trading in BSE at Rs.15.8 as compared to the previous close of Rs. 15.45. The total number of shares traded during the day was 4 in over 2 trades.

The stock hit an intraday high of Rs. 16.2 and intraday low of 15.8. The net turnover during the day was Rs. 64.


Source: Equity Bulls

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