Hero Electronix on Tuesday said it plans to invest Rs 150-200 crore over the next few years primarily in its new consumer tech brand 'Qubo' that will offer a portfolio of AI-powered connected smart devices. The company, which is part of the Hero Group, has launched a voice-controlled smart indoor camera and smart sensors (for doors, gas leakage and smoke) under the 'Qubo' brand. "We want to take Qubo to a million homes in the next 3-5 years. We have been at the forefront of engineering technology and services for enterprise with Tessolve, Mybox, and Zenatix. We see a great opportunity in the consumer space for building products that can meaningfully impact our lives," Hero Electronix Founder Director Ujjwal Munjal told PTI. He added that the company has already invested close to Rs 350 crore in the company across these brands and plans to invest another Rs 150-200 crore over the next couple of years. "We have spent about two years in R&D of these products focussing on consumer ...
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