Some more good news for consumers looking for a smartphone for under Rs. 5,000. Lava Mobiles has launched the iris 350M that comes powered by dual core processor, runs on Android jelly bean 4.2 and is price at approx Rs. 3,325.
This is a low end handset that does not support 3G, however you can use the 2G (GPRS / EDGE) networks. The Lava Iris 350M is a dual SIM handset that houses a 1GHz dual core processor (Chipset unknown). Android 4.2 runs out of the box with 512MB RAM and 512MB ROM, there is micro SD card support.
A 2MP fixed focus camera (with flash) and a VGA front camera is also included. 720p 3GP videos can be recorded and the 350M can also play 720p videos. Additional features are 2G (EDGE/GPRS) and probably Bluetooth, GPS and Wi-Fi. The specs as mentioned on Infibeam does not reveal more info regarding connectivity.