Jeotex

Jeotex, Inc.
Company typePublic
IndustryComputer hardware
Founded2001; 23 years ago (2001) (Montreal, Quebec, Canada)
DefunctDeclared bankruptcy June 10, 2021 (2021-06-10)
HeadquartersMississauga, Ontario, Canada[1]
Key people
Suneet Tuli, CEO
Raja Tuli, Co-founder, CTO
ProductsAakash tablet
Ubislate
PocketSurfer
UbiSurfer
Websitewww.datawind.com

Jeotex Inc.[2] (formerly known as Datawind Inc.) was a British-Canadian-Indian company that developed and manufactured low-cost tablet computers and smartphones.[3] It was founded in 2001, Montreal, Quebec. The company aimed to produce tablets primarily for markets in India, Nigeria, the United Kingdom, Canada, and the United States. Jeotex has created the Aakash tablet computer, which was marketed as the "world's cheapest tablet" as it was priced at US$37.99 per unit in 2012.[4] The Aakash was developed for India's Ministry for Human Resource Development (MHRD).[5][6]

Jeotex also manufactured mobile internet devices, including PocketSurfer smartphones and Ubi-Surfer netbooks. Datawind was listed on the Toronto Stock Exchange from 2014 to October 2018 when it was relisted to the TSX Venture Exchange after failing to meet the listing requirements.[7] It was delisted from the TSX Venture Exchange in 2021.[8]

Datawind maintained offices in Montreal, Mississauga, London, Delhi and Amritsar.[9] At a shareholder meeting in April 2019, it was agreed to change the name of the company to Jeotex Inc., and the change took effect later that month.[10] However, on 10 June 2021, the company was declared bankrupt.[11]

  1. ^ "Jeotex Inc. Profile".
  2. ^ "Jeotex Inc, JTX.H:NEX profile - FT.com". markets.ft.com.
  3. ^ Mims, Christopher (29 November 2012). "$25 tablets, $2 mobile data plans, and zero margins–-how the internet is about to gain 3 billion new users". qz.com. quartz. Retrieved November 29, 2012.
  4. ^ "India upgrades 'world's cheapest tablet' Aakash". BBC News. 2012-06-25. Retrieved 2022-05-28.
  5. ^ Raina, Pamposh; Timmons, Heather (5 October 2011). "Meet Aakash, India's $35 'Laptop'". The New York Times.
  6. ^ b, a (5 October 2011). "Aakash: World's cheapest tablet launched; to be sold for $60 in retail". Economic Times(India). Archived from the original on October 7, 2011. Retrieved October 5, 2011.
  7. ^ "Datawind to Delist from TSX and Transfer Listing to NEX". MarketWatch. Retrieved 2018-11-21.
  8. ^ Cite error: The named reference :3 was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference gazette was invoked but never defined (see the help page).
  10. ^ "DataWind Releases Results of Annual General and Special Meeting and Change of Auditor". Accesswire.
  11. ^ "Datawind Inc. (Aka Jeotex Corporation and aka Jeotex Inc. ("Jeotex")) | Insolvency Insider". 10 June 2021. Archived from the original on 2023-03-27.