Skyball enters the smartwatch category, targets Rs 40 crore revenue this year

Skyball has announced its entry into the smartwatch category. The company aims to launch five new smartwatch models this year, starting with the launch of Skyfit Elevate and Skyfit Rigor in August 2023. These watches boast AMOLED displays, ensuring vibrant visuals and crisp clarity. Skyball will target consumers seeking affordable premium products in a price range of Rs 1,999 to Rs 4,499.

“Our vision for Skyball is to provide customers with premium, feature-rich smartwatches that offer great value for money. We have carefully designed and developed Skyfit Elevate and Skyfit Rigor to exceed expectations and cater to the diverse needs of our customers. We have exciting plans for the festive season and have lined up several new products across categories. With advanced features and an affordable price point, we are confident that Skyball will emerge as a popular brand among consumers,” said Sandeep Gupta, chairman and managing director, Skyball.

Skyball has plans for the smartwatch category and aims to launch three more models before Diwali. The company is committed to delivering exceptional quality and aims to achieve a sales volume of 100,000 units within the smartwatch category this year, with an estimated 40% of its business derived from smartwatches.

The company has a projected turnover of Rs 100 crore in its first year, Skyball expects smartwatches to contribute approximately Rs 40 crore to its overall revenue. Skyball has partnered with its parent company, Videomax International Pvt Ltd, for the manufacturing and assembly of its smartwatches, ensuring the highest standards of craftsmanship and quality. Before Diwali, the company intends to launch ten new models in the audio category, specifically party speakers. This expansion underscores Skyball’s commitment to providing customers with an immersive and enjoyable audio experience for all occasions.

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Skyball has announced its entry into the smartwatch category. The company aims to launch five new smartwatch models this year, starting with the launch of Skyfit Elevate and Skyfit Rigor in August 2023. These watches boast AMOLED displays, ensuring vibrant visuals and crisp clarity. Skyball will target consumers seeking affordable premium products in a price range of Rs 1,999 to Rs 4,499.

“Our vision for Skyball is to provide customers with premium, feature-rich smartwatches that offer great value for money. We have carefully designed and developed Skyfit Elevate and Skyfit Rigor to exceed expectations and cater to the diverse needs of our customers. We have exciting plans for the festive season and have lined up several new products across categories. With advanced features and an affordable price point, we are confident that Skyball will emerge as a popular brand among consumers,” said Sandeep Gupta, chairman and managing director, Skyball.

Skyball has plans for the smartwatch category and aims to launch three more models before Diwali. The company is committed to delivering exceptional quality and aims to achieve a sales volume of 100,000 units within the smartwatch category this year, with an estimated 40% of its business derived from smartwatches.

The company has a projected turnover of Rs 100 crore in its first year, Skyball expects smartwatches to contribute approximately Rs 40 crore to its overall revenue. Skyball has partnered with its parent company, Videomax International Pvt Ltd, for the manufacturing and assembly of its smartwatches, ensuring the highest standards of craftsmanship and quality. Before Diwali, the company intends to launch ten new models in the audio category, specifically party speakers. This expansion underscores Skyball’s commitment to providing customers with an immersive and enjoyable audio experience for all occasions.

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