Thu, Dec 8, 2016 | updated 03:20 PM IST

YMS Mobitech announces partnership with Mi India for offline accessories distribution

Updated: Nov 16, 2016 17:08 IST

New Delhi [India], Nov 16 (ANI-NewsVoir): YMS Mobitech Pvt. Ltd., a tech-based distribution start-up, has joined hands with leading smartphone manufacturer, Mi India to distribute its range of accessories in key states of Eastern India. The partnership will focus on offline distribution of Xiaomi accessories including Mi In-Ear Headphones, Mi Capsule Earphones, Mi Bluetooth Speaker, Mi Band 2, Mi Power Bank and other accessories. YMS Mobitech will make all Xiaomi accessories available to 2000 stores immediately across West Bengal, Bihar, Jharkhand, Orissa, Assam, Sikkim and all North Eastern states.

The YMS e-distribution network boasts of 11,000 retailers and 350 distributors across 364 cities in what is India's largest app-based distribution ecosystem, guaranteeing on-demand sales with zero dead stock and zero loss of business opportunity.

Announcing the tie up Ajay Laddha, Co-founder, YMS Mobitech said, "YMS Mobitech has been consistently working with an aim to disrupt the distribution landscape in India through its pioneering e-distribution platform. We are happy that a leading technology player like Xiaomi has placed their trust in us. We are excited to offer Xiaomi's accessories and look forward to helping them scale new milestones in India through our distribution ecosystem."

"We have made significant movements in our offline distribution plans for India, especially in 2016. We have been taking gradual steps in this direction and believe our association with YMS Mobitech will take us a step further in our plan. As our India portfolio grows, we are foraying into the offline accessory market for the first time to extend our accessory experience for our fans," said Vipin Raina, Head-Offline Sales, Xiaomi India.

The YMS e-Distribution Ecosystem

All retailers, distributors and sales team operate via YMS app

Distributor can transfer wallet balance to retailers by a click of a button and retailers can use the same to sell any product

Distributor can check outstanding amount of any retailer and enter details of payment collected

Distributors transfer inventory via YMS platform and track the status real time

Channel partners get SMS and email for all transactions and notifications

Distributors can check real time reports of sales done in their channel

YMS Mobitech also creates financial products for the electronics industry, under its brand Apps You Need and uses its technology-driven platform to sell and monitor these products. Few months ago, it also launched an accessories and IoT brand CULT. (ANI-NewsVoir)