Micromax's own company Yu launched yuphoria and the specs are good. I have used this phone as a secondary phone however there were many bugs at first but now most of them are solved.
Here are few things I liked abd dislike: -
Price points is good.
Build quality is good and champagne gold version looks very cool.
3.display is good, touch is fine, and device runs good.
Device heats alot when you play heavy games but good for normal handling.
Proximity sensor issues are there sometimes but they will get solved.
Overall a decent smartphone.
