Freedom 251 makes profit too- Maker

February 23, 2016 13:03
Freedom 251 makes profit too- Maker

While most of the gadget manufacturers and sellers and a few others felt that Freedom 251 is just a publicity stunt and some gambling business, it took the gadget world by storm, by accepting the bookings from the customers.

Now adding a new shocker to its list, the maker of this phone Mohit Kumar Goel said that, he would even make profit on each unit sold.

In the beginning the entire mobile industry criticized Freedom 251, saying that, it is trying to gamble with the public’s belief and run away with the money. Even several IT raids were conducted on Ringing Bells company, but all such raids conducted till date, found nothing fault with the company.

Responding to the criticisms, Goel said, “Why am I being hounded? What wrong have I done? Why am I being called a ‘bhagora’ (who’ll run away with the money)? I intend to do a valid business, just like any other startup, and I have a business plan ready.”

On the other side, the telecom industry specified that the device with such specification would cost about Rs. 2300. Responding to it, Goel said that, the company would make a profit of Rs. 31 on each unit of Freedom 251 sold.   

Ringing bells was previously in a controversy, blaming that its maker, an Amity University graduate Mohit Goel has merely re-branded a device by its rival, Adcom.

By Phani Ch

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Tagged Under :
Freedom 251  Ringing bells  Business news