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Nothing Bets On India, Moneyview’s IPO & More

Nothing’s CMF Crosses Over To India Nothing is spinning off its sub-brand CMF into an independent, majority Indian-owned company. With…

Nothing Bets On India, Moneyview’s IPO & More

Nothing, the Indian smartphone manufacturer, is planning to spin off its sub-brand CMF into an independent company with majority Indian ownership. CMF was launched in 2023 and aims to manufacture 100 million units annually in India long-term, leveraging local incentives and R&D. Nothing will retain a stake and partner with CMF, which will operate from India with its own team and R&D operations.

Written by urgent.news from Inc42's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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