Lava Mobiles hits back by launching their newest Android 4.2 smartphone, the Iris 350M. Powered by a 1GHz dual-core processor, this entry-level handset packs a 3.5-inch 480 x 320 capacitive touchscreen display, a 512MB RAM, a 512MB of internal storage, a microSD card slot (up to 32GB), dual SIM card slots, a 2MP rear-facing camera, EDGE, WiFi, Bluetooth, a 1200mAh battery and runs on Android 4.2.1 Jelly Bean OS. The Iris 350M retails for Rs 3,325 (about $55). [Product Page]
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