Nothing has made its entry into the mid-range smartphone market with the CMF Phone 1, priced at Rs 14,999.

The launch event is set to stream live today at 2:30 PM IST on Nothing's website and YouTube channel.

This marks the company's first budget-friendly device. Notably, the Rs 14,999 price is exclusive to the launch day.

The CMF Phone 1 comes in two variants: 6GB+128GB at Rs 15,999 (Rs 14,999 with offers) and 8GB+128GB at Rs 17,999 (Rs 16,999 with offers).

Available for pre-order, the phone will go on sale on July 12 via Flipkart, Vijay Sales, and Croma stores.

The device is powered by the MediaTek Dimensity 7300 chipset, with 8GB of RAM and an additional 8GB RAM booster.

It features a Super AMOLED display and a dual-lens camera setup on the rear, including a 50MP Sony lens for high-quality photography.