The dual-SIM smartphone runs Android 4.4 KitKat out-of-the-box and sports a 5-inch (480x854 pixels) FVGA IPS display.

It is powered by a dual-core processor clocked at 1.3GHz along with 512MB of RAM. It comes with 4GB of internal storage expandable up to 32GB via microSD card.

The device sports a 5MP rear camera with LED flash along with a 0.3MP front-facing snapper.

On the connectivity front, the Iris 500 offers GPRS, Wi-Fi 802.11 b/g/n, Micro-USB and Bluetooth 4.0 options. However, the smartphone does not appear to support EDGE and 3G connectivity options.

The smartphone packs an 1800mAh battery and measures 146.5x72.2x8.7mm. The Iris 500 is only listed in a White colour variant.

Earlier, Lava launched a new series of Iris smartphones under the 'Fuel' brand which will focus on offering longer battery life.

The first device launched in the series is the Iris Fuel 50, priced at Rs 7,799.
    
The Android Kitkat operating system-based smartphone features a 3,000 mAh battery capable of lasting up to 1.5 days without charging. It has a five-inch display, 8MP auto-focus rear camera, 2MP front camera and 8GB internal memory (expandable up to 32GB).
    
The device is powered by 1.3 GHz quadcore processor and has a 1GB RAM.
    
The super-efficient smartphones under this series are specially designed to last for long working hours without the need of frequent charging, Lava said in a statement.