Nokia phone-maker raises $230 million, plans to make India its export hub nokia 8.3 smartphone

HMD Global– the home of Nokia phones – has raised $230 million investment from strategic partners, including Google, Qualcomm and Nokia Technologies. And the company has made it clear that this is the “first closing of its current funding round from some of its top global strategic partners”, suggesting that more such investments are in the pipeline.

As Nokia no longer makes consumer devices it has worked out a licensing arrangement with HMD Global to design and market Nokia-branded mobile phones.