XOLO has announced the launch of its Q700 smartphone that the company claims is the world's first multi profile Android smartphone with a Quad-core processor.

The XOLO Q700 has a 4.5 inch qHD IPS display with One Glass Solution (OGS) Technology with a resolution of 960x540 with 245 PPI and can play 720p videos. It has Android Jelly bean v4.2 and powered by 1.2 GHz Quad-core processor with 1 GB of RAM. It comes with 4 GB of internal storage. It will come with a 2400 mAh battery for extended battery life.

The smartphone has a 5 MP rear camera with Back Side Illumination Sensor that allows users to click clear and crisp pictures even in low light environment and front VGA camera for video conferencing. The rear camera is also capable of recording 720p videos. The device will also come preloaded with the company's new XOLO Unlimited that allows users to access three special apps including, XOLO Switch, XOLO Secure and XOLO Power.

The device will be available in two unique colors, Stylish Coffee Brown & Trendy Blue Color. The company said that the new Q700 smartphone will come with a price tag of Rs 9999 in the Indian market.