After Ringing Bells and Docoss, another Indian company, called ChampOne has come up with an ultra affordable smartphone to grab eyeballs. The company has launched its ChampOne C1 smartphone which costs Rs. 501. The actual price of the phone is Rs. 7,999, however, the company will be offering the phone to its customers for Rs. 501 during first flash sale which will take place on September 2, 2016 at 11:00 AM.