The 'Cloud FX', which Intex claims is the cheapest smartphone in India, will be sold through online marketplace major Snapdeal.
The Intex Cloud FX is powered by the Firefox OS and 1 GHz processor. It has 128MB RAM, 256MB memory (expandable upto 4GB), 2MP rear and VGA front camera and 1,250 mAh battery.
However, the phone does not fully support apps and users will have to use a browser to access Internet and other apps.
Intex has also partnered Aircel to offer 1GB free data for two months as well as free access to Facebook for the same period, bundled with the device.
The company aims to sell close to five lakh units of the device over the next three months, he added.

Spice had announced the launch of its device, Fire One Mi–FX 1, last week for Rs 2,299. It will be available from August 29.

Handset makers are betting big on mobile Internet to reach out to newer audiences. Various reports suggest that the next billion population accessing the Internet for the first time will do so on their phones instead of personal computers.
Companies like Microsoft, which acquired Nokia's handset division, are also targeting the affordable smartphone category aggressively, estimating it to be a USD 50 billion annual opportunity.
The smartphone market in India grew at 84 percent year- on-year to 18.42 million units in Q2 2014 from 10.02 million units (in April-June 2013 quarter), as per research firm IDC said.
Korean handset maker Samsung led the smartphone market with 29 percent share, followed by Micromax 18 percent, Karbonn 8 percent and Lava six percent.