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Nothing's CMF brand becomes independent entity with $100M investment in India

CMF will have its global headquarters in India.

You may like "This partnership goes beyond high-tech manufacturing - it will empower us to create export-ready products that will be designed in India, showcasing the innovation and talent of our people to the world in the coming years,” Optiemus' Executive Chairman, Ashok Gupta, told Android Central in a press release. (Image credit: Apoorva Bhardwaj / Android Central)Nothing's decision to spin off CMF into a separate entity hints at a more strategic shift — as it appears to be concentrating on developing premium, AI-native devices with the recent$200M funding it secured. Tech Crunch notes that Nothing became India's fastest-growing brand in the country in Q2 2025, with 85% growth in shipments, accounting for 2% market share in smartphones.

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