By FMTeam It seems like Micromax has made a comeback in the Indian market, and they’re doing much better now. Just a decade ago, they used to be among the most famous mobile device brands, but they have now ventured into other areas as well, and along with talking points like Micromax Informatics Net Worth, Owner, CEO, Head Office, we’ll discuss that too.
| Company name | Micromax Informatics Limited |
| Establishment year | 2000 |
| Head Office | Gurugram, Haryana, India |
| Owner/Founder | Founded by Rahul Sharma and Rohit Patel |
| CEO Name | Arvind Gupta |
| Industry | Consumer electronics and home appliances; mobile devices. |
| Number of employees | Around 2,160 |
| Net worth | Around ₹766 crore (FY20) |
| Total revenue in 2020 | ₹22,368.79 crore |
Company Overview
Since they have made a comeback and it is a big story, that’s why we assume that you know the fact that Micromax Informatics started in March 2000 and at first it was just an IT software and embedded systems company. As we hinted at it already, around 2010, it had become the top feature phone brand in India and by 2014 it was counted among the world’s leading smartphone vendors. Micromax came back to the Indian smartphone industry in 2020 with its “IN” series, concentrating mostly on the home market. Their head office is now there in Gurugram.
Net Worth
See, regarding the current net worth of Micromax, there are no good estimates out there, but still, you can take a look at the old number, which in FY20 was around ₹766 crore.
Current Status and Recent Updates
True, Micromax is presently engaged in a diverse range of consumer electronics categories, such as smartphones, TVs, home appliances, etc. And yes, recently, the company has initiated the renewable energy domain through Startup Energy, a new venture that has a vision to establish a 5GW solar module manufacturing plant with the help of the China-based Jinchen. Micromax has also forayed into technology manufacturing through MiPhi, a joint venture with Phison, which was established in 2024. This collaboration led to the launch of a consumer SSD product in early 2025.