Manu Jain, Xiaomi exec who set up and scaled India business, leaves

Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday, joining a long list of high-profile departures at the local unit that is increasingly losing market share to rivals including Samsung.
Jain did not say why he was leaving the firm, but he has been pitching investors ideas for an EV startup for several months, people familiar with the matter said. Jain told many industry figures several quarters ago that he was planning to leave the firm, according to many of the people with whom he spoke.
Xiaomi entered the Indian smartphone mar

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