Buri Khabar... Dream over for maker of Rs 251 s...

Buri Khabar... Dream over for maker of Rs 251 smartphone?

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Operations at Ringing Bells, the UP-based company that promised to deliver the world’s cheapest smartphone at Rs 251, have run into trouble even before it delivers its first device.

Despite receiving heavy bookings after unveiling the phone in February, the company has not been able to source phones at the promised sale price, thus being forced to sell them at a heavy loss of over Rs 900 per unit. This goes against the management’s earlier stance of making a profit of Rs 31 per phone.

Moreover, serious differences have cropped up at the management level, resulting in the departure of Ashok Chadha, who had been the face of the company since it unveiled its devices in February this year.

Sources said Chadha -who was introduced as the president of the company -had a “massive showdown” with promoter Mohit Goel “over financial matters”. “It is now Goel who now runs the company and Chadha does not play an active role,” an official said.

Calls made to Goel were not answered and there was no response to a questionnaire sent to an external spokesperson who represents the company. In a brief conversation over the telephone, Chadha said he was never employed by the company. “I was never working with Ringing Bells. I was always there as a consultant,” he said, adding that he will provide further details by next week.

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Sources said the company is facing massive problems with regards to funding of the project and procurement of devices.“The procurement cost per device is around Rs 1,200, which means there is a loss of around Rs 950 on each device,” a source said, adding that the company is looking at ways to bridge the deficit.

The company has withdrawn the much-touted Freedom 251 device from its website (http:www.ringingbells...in) and the flagship smartphone is not even on display. The other devices that the company displays on the website -Smart101 and Master and 4U feature phones -are also not open for sale. “We are sold out within 72 hours. Bookings will open soon,” says a message when you press the `Buy Now’ button. The source said the company is now trying to find investors who will be able to fund procurement plans.

http://timesofindia.indiatimes.com/business/ind...

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FPD Suggested By > JonSnow ,
34 Comments  |  
15 Dimers
Che smiling1
Deal Subedar
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Lesson Learnt – 251 is not lucky for everyone https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif They should try 1001 wiith a better name https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

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Deal Cadet
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its a achhi khabar for us

Kkkkkk
Deal Captain
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Pehla hi pata tha, but Chadha & Goel both should be punished with atleast eleven years in prison for false promising massive population https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

Even if 100,000 people tried booking that fake phone from fake company and wasted their 60 minutes only

Then, 100000 × 60 = 60 Lakh minutes wasted or 1 Lakh Man Hours or 11 years in total.

Also their adsense income should be reversed by Google as hardly that delivered any business to advertisers on Rs.251 mobile website https://cdn2.desidime.com/assets/textile-editor/icon_wink.gif

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Deal Subedar
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Everyday there is some new drama with this Freedom 251. Yesterday they gave a first look of the phone, other day they said delivery starts from 7th, now they are saying ‘dream over’.
Whats next?? Bollywood or Hollywood??

http://m.timesofindia.com/tech/tech-news/Ringin...

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Deal Subedar
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@sandeepmmxu wrote:

Everyday there is some new drama with this Freedom 251. Yesterday they gave a first look of the phone, other day they said delivery starts from 7th, now they are saying ‘dream over’.
Whats next?? Bollywood or Hollywood??

http://m.timesofindia.com/tech/tech-news/Ringin...

And some called it as great invension of humans after wheel https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

ad bot
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Ad Bot

I found this sponsored content on one of the ad networks.

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Deal Subedar
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@sukhichd710 wrote:

@sandeepmmxu wrote:

Everyday there is some new drama with this Freedom 251. Yesterday they gave a first look of the phone, other day they said delivery starts from 7th, now they are saying ‘dream over’.
Whats next?? Bollywood or Hollywood??

http://m.timesofindia.com/tech/tech-news/Ringin...

And some called it as great invension of humans after wheel https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


Great inventions needs great minds or sheer luck. Who knows they might succeeded. Lets see, keep the drama going. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Kkkkkk
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@sandeepmmxu wrote:

@sukhichd710 wrote:

@sandeepmmxu wrote:

Everyday there is some new drama with this Freedom 251. Yesterday they gave a first look of the phone, other day they said delivery starts from 7th, now they are saying ‘dream over’.
Whats next?? Bollywood or Hollywood??

http://m.timesofindia.com/tech/tech-news/Ringin...

And some called it as great invension of humans after wheel https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


Great inventions needs great minds or sheer luck. Who knows they might succeeded. Lets see, keep the drama going. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Yes it was a great invention indeed, Goel and Chadha’s mother did a great invention https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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Deal Cadet
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Joke Of the century – Flagship Phone Freedom 251 https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Lord snow
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Tagging a few Intellectuals at DesiDime to share their Words of Wisdom on this whole issue. Will be pleasure to listen to Elites, when they have the advantage of hindsight as well. Hopefully, now they will be less rude and will sound more reasonable.

Tags (in no particular order of preference): @saymyname @admin @anthrax.ut @Nigel @Beinghuman @Spock @Magus @VaibhavJain @Plato

PS: Have tagged a few friends as well, so that the Intellectuals at DesiDime doesn’t feel alone or singled out https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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@JonSnow wrote:

Tagging a few Intellectuals at DesiDime to share their Words of Wisdom on this whole issue. Will be pleasure to listen to Elites, when they have the advantage of hindsight as well. Hopefully, now they will be less rude and will sound more reasonable.

Tags (in no particular order of preference): @saymyname @admin @anthrax.ut @Nigel @Beinghuman @Spock @Magus @VaibhavJain

PS: Have tagged a few friends as well, so that the Intellectuals at DesiDime doesn’t feel alone or singled out https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


difficult to know the difference between elites and friends

https://i.imgur.com/2AxwaJR.jpg

@plz nazar na lagao

Osho
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@JonSnow wrote:



Have tagged a few friends as well, so that the Intellectuals at DesiDime doesn’t feel alone or singled out https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

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@Magus wrote:

@JonSnow wrote:



Have tagged a few friends as well, so that the Intellectuals at DesiDime doesn’t feel alone or singled out https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif


Sorry to leak PM but JonSnow wrote : “have tagged you in a post as a friend. Please dont take it otherwisehttps://cdn3.desidime.com/assets/textile-editor/icon_lol.gif
Plato feeling like Salman Khan who felt like getting taped.😷

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@Plato Aap Ki hi na ?? Salman kaise banoge ??

@JonSnow Did you set a deal alert for freedom 251 keyword, seems you like me have been inactive for the past few months https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

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@saymyname wrote:

@Plato Aap Ki hi na


???

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@saymyname wrote:

@Plato Aap Ki hi na ?? Salman kaise banoge ??

@JonSnow Did you set a deal alert for freedom 251 keyword, seems you like me have been inactive for the past few months https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

he is still busy in booking as it is the greatest invention by humans after wheel https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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@saymyname wrote:

@Plato Aap Ki hi na ?? Salman kaise banoge ??

@JonSnow Did you set a deal alert for freedom 251 keyword, seems you like me have been inactive for the past few months https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

he is still busy in booking as it is the greatest invention by humans after wheel https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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Entertainer
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@saymyname wrote:

@Plato wrote:

@saymyname wrote:

@Plato Aap Ki hi na


???


LADki


Nahin bhai. Itni badhiya se story likh ke batayi apni aur tum fir chaalu ho gaye. https://cdn1.desidime.com/assets/textile-editor/icon_confused.gif

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Deal Lieutenant
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@Plato wrote:

@saymyname wrote:

https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif
@Plato wrote:


@saymyname wrote:

@Plato Aap Ki hi na


???


LADki


Nahin bhai. Itni badhiya se story likh ke batayi apni aur tum fir chaalu ho gaye. https://cdn1.desidime.com/assets/textile-editor/icon_confused.gif


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Deal Subedar
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Do you actually think ‘Ringing Bells’ would be able to offer their Freedom 251 phone at just Rs 251, even though it falls under the ‘Make In India’ or ‘Digital India’ category? For establishing a strong foothold in this competitive market, Ringing Bells had a good strategy of advertising the cheapest smartphone in India.

1st What Happens ? False Assurances Are Given

Mohit Goel, the CEO of Ringing Bells overwhelmed the masses with his confident attitude with regards to the smartphone. Even Datawind company had found this offer pretty surprising and at the same time very amusing. Well, Datawind had offered ‘Aakash’, the cheapest Android tablet at a price of $35, so how was this Rs 251 phone possible? Yes, even the CEO of Datawind, Suneet Singh Tuli said that Freedom 251 is nothing but a way of garnering free publicity.

Then what happens? Company Expands Portfolio!

Yes, the company keeps giving false assurances to people and keeps gaining media attention. Now, with media as a powerf

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Ringing Bells reaches every corner of India. Now, while everyone is waiting for Freedom 251, the company kept changing the plans and went on to expand the product portfolio to include feature phones, LED TV and new smartphones. So, now do you think that Freedom 251 is possible? Definitely, a BIG NO!

Next what happens? Some ray of hope comes as company announces deliveries!

By now, seeing their false claims, everyone said that Freedom 251 is next to impossible. But the company didn’t lose its’ confidence and determination. Ringing Bells said that it is 100 percent possible.

1) First Promise of deliveries– First the company said that 2 lakh units would be delivered with some state-wise lottery!

2) Promise changed in 2 days– Yes, now the company said that only 5000 units are going to be delivered!

Confused? Well , the company went back on it’s claims. It said that only 5000 units would be delivered and rest of units would be delivered only IF….! Well, this ‘IF’ put forth by the com

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company wasn’t a small one!

The BIG IF!
Mohit Goel stated “In order to digitally-empower every Indian, if I can get government support under the Digital India programme, I can ensure timely delivery of ‘Freedom 251’ phone to all citizens at the same price,” ! Well, now, Ringing Bells wishes this smartphone to be financed by the government and they show a Bill Of Materials which amounts to Rs 2500 per phone. Support from Government is still understandable, but do you know how much amount was demanded? Now, sit back and hear Goel’s statement.

He said “If the government is willing to dole out Rs 50,000 crore, we can ensure that 750 million of India’s population would become part of digital India by owning a smartphone at Rs 251,”

Now he is defending himself!

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Goel further stated that the government could get this phone manufactured from other vendors but under ‘Freedom’ brand. He says “The government can make the phone — under our Freedom brand — from some other vendor. I have no objection to it. To make such phone for every Indian citizen, the government needs to allocate funds from its Digital India initiative.”

Now this is called playing safe and playing smart, isn’t it? Well, what do you think about this 50,000 crores which the company is demanding from the government

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Specially for Mr @JonSnow to present his views for his biggest invention by humans after wheel ……………

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@sukhichd710 wrote:

Specially for Mr @JonSnow to present his views for his biggest invention by humans after wheel ……………


Now He would ask 1 lakh crore for selling led TV at 10,000. This guy is a retard and should be put behind bars. Why would government subsidize freedom 251? Not all those who booked the handset are poor. Digital India doesn’t mean distributing free phones to everyone.

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@vinaythewanted wrote:


@sukhichd710 wrote:

Specially for Mr @JonSnow to present his views for his biggest invention by humans after wheel ……………


Now He would ask 1 lakh crore for selling led TV at 10,000. This guy is a retard and should be put behind bars. Why would government subsidize freedom 251? Not all those who booked the handset are poor. Digital India doesn’t mean distributing free phones to everyone.

thats why i posted here to open the eyes of some fellows who had blind faith on this bull****

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Deal Lieutenant
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Some not so smart people booked Freedom 251. https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

I have booked Namotel Achhe din smartphone for just Rs 99/- [MRP of the Device] https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

https://cdn0.desidime.com/attachments/photos/254879/medium/3461714207ouo0.jpg?1480956696

Ref : http://www.namotel.org.in/namotel-achhedin-spec...

Moral of the story: Not everyone can get Achhe Din! https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif
19 F Gurgaon’s remark → Is chaparganju ki shakal dekh ke 99 rupees bhi kaun dega!

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Bhai . Rs 251 me to dabba phone bhi nahi ata

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@19 Female Gurgaon wrote:

Some not so smart people booked Freedom 251. https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

I have booked Namotel Achhe din smartphone for just Rs 99/- [MRP of the Device] https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

https://cdn0.desidime.com/attachments/photos/254890/medium/3461732207ouo0.jpg?1480956703

Ref : http://www.namotel.org.in/namotel-achhedin-spec...

Moral of the story: Not everyone can get Achhe Din! https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif
19 F Gurgaon’s remark → Is chaparganju ki shakal dekh ke 99 rupees bhi kaun dega!

seriously buddy sorry to say but i cant believe you are a girl but tumahari batain sach mai bahut cute hoti hai https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif
Full pledge entertainment pack ho tum

Missing