Indian cricketer KL Rahul has been announced as a strategic investor in Qubo, a smart devices brand, alongside his wife, Athiya Shetty.
By bringing Rahul and Shetty on board as investors, Qubo aims to reach out to wider audiences in the country and strengthen its brand appeal.
KL Rahul and Athiya Shetty released a joint statement on the matter:
“We have been using Qubo products for a while now and have experienced firsthand the magic they create working seamlessly together; in fact realizing their incredible value even more after becoming parents. Add to this, Qubo’s strong record of shipping out nearly 2 million devices in such a short span presents a strong indicator of the brand’s success in the market and also the massive opportunity ahead. For us, this partnership goes beyond business potential, it’s about contributing to a larger mission of making Indian homes & roads safer. We’re delighted to partner with the Qubo team for the next phase of even faster growth.”
Nikhil Rajpal, Founder & CEO, Qubo, said:
“At Qubo, our vision has always been to make everyday life safer & smoother across all spaces – whether at home or on the road. We’ve delivered on that ambition by reimagining everyday objects – infusing them with cutting-edge technology including AI and enabling a seamlessly connected world for over a million Indian families. Rahul & Athiya are the perfect example of the modern young Indian family that values the power of technology – both in improving everyday life as well as solving larger issues. Their belief in Qubo’s mission and decision to join us as strategic investors is a strong endorsement of the path we are on.“
Ujjwal Munjal, Vice Chairman, Hero Electronix, added:
“We have great admiration for Rahul & Athiya as accomplished professionals in their respective fields. Their modern outlook while staying rooted in Indian family values aligns well with Qubo’s commitment to innovation & trust. Incorporating the very best of modern technology, Qubo products deliver unparalleled peace of mind & convenience to an ever connected, upwardly mobile generation. With Rahul & Athiya, we want to bring these experiences to many more Indian homes & families.”
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