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Nothing spins off CMF into an Indian subsidiary, investing $100M and creating 1,800 jobs.
Nothing is spinning off its budget sub-brand CMF into an independent Indian subsidiary, with CEO Carl Pei announcing the move on September 25, 2025.
Based in India, CMF will serve as a global hub for research, development, manufacturing, and marketing, backed by a joint venture with Indian manufacturer Optiemus.
The company plans to invest over $100 million and create more than 1,800 jobs in India over three years, supporting India’s Make in India and Atmanirbhar Bharat initiatives.
The shift follows a $200 million Series C funding round that valued Nothing at $1.3 billion.
CMF’s first over-ear headphones are set to launch September 29, continuing its strategy of affordable tech.
The move highlights India’s growing role in global consumer electronics innovation and production.
Nada hace que CMF se convierta en una subsidiaria india, invirtiendo 100 millones de dólares y creando 1800 empleos.