Xiaomi initiates Mi Crowdfunding platform in India

Xiaomi has just launched a crowdfunding platform in India called ‘Mi Crowdfunding’. The program is new for India but not for China where Xiaomi has been running a similar program for years. As can be understood, Xiaomi makes products a reality through this platform on the basis of interest and likes. In India, Xiaomi will follow a similar pattern and system.

Mi crowdfunding

Users can visit the page on Xiaomi’s official website to know more. As per current info, Xiaomi will keep bringing a list of products on its crowdfunding platform. These products will be deemed worthy or unworthy on the basis of likes by users. If a certain number of likes is reached, Xiaomi will make that product happen. Users will also have to pay for the product through the platform itself. If the various criteria of the listing are not met before the deadline, backers will be refunded the complete price.

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At launch, Xiaomi has just two products to begin with on the Mi Crowdfunding platform. Those are Mi Selfie Stick Tripod and the Mi Bluetooth Audio Receiver. The selfie stick tripod costs Rs 1,099 while the Bluetooth audio receiver costs Rs 999. Both these products are on the verge of getting fully backed by users.

So, in order to begin, users have to visit the page, and then select a product. Then they can click on ‘Support Now’ if they like the product. After this, the user will have to pay through any of the online methods mentioned there. If the project ends up ticking all the criteria boxes, you’ll get a delivery of the product. You can visit the link below to know more about the platform.

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Mi Crowdfunding India


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