CIOInsider India Magazine

Nothing on Wednesday appointed its cofounder Akis Evangelidis as India President where he will lead the next phase of growth for the company. His elevation comes just before a week of Phone 3a series global launch on March 4.

Nothing is looking to double down on its investments in India and expand its retail presence to over 12,000 stores in 2025.

The London-based tech startup reports a remarkable +577 percent year-over-year growth in 2024, according to Counterpoint data, making it the fastest-growing brand in India's smartphone market. This growth was driven by the demand for the Phone 2a series and its sub-brand, CMF.

Recently, Nothing also announced that it surpassed $1 billion in lifetime revenue over the past four years, with more than half of that revenue generated in 2024.

“India is one of the most important markets for Nothing and we believe there is a tremendous opportunity to become a leading consumer tech brand in the country. I’m very excited to step into this new role and continue to bring distinctive, design-led tech innovations to Indian consumers. India will play a pivotal role in the global smartphone industry in the years to come, and we’re committed to accelerating our ‘Make in India’ initiatives and boosting domestic production”, said Akis Evangelidis, India President & CoFounder, Nothing.