Chinese electronics giant Xiaomi hosted the first flash sale of its Redmi 2 smartphone on Flipkart on Tuesday.

After few hours, Xiaomi India head Manu Jain took to Twitter to announce that 50,000 units of the Redmi 2 were sold out in 87 seconds. He added that more than three lakh buyers had registered on Flipkart for the sale.

Hugo Barra, VP, Xiaomi said in an interview to a leading newspaper: "After a couple of rounds of flash sales on Flipkart, the Redmi 2 sale in India will be open like we did with the Redmi Note 4G and Mi 4 smartphones."

The Redmi 2 smartphone boasts of a 4.7-inch 720p HD IPS fully laminated display along with AGC Dragontrail glass protection. The device runs Android 4.4.4 KitKat operating system sugarcoated with MIUI 6. The rear camera of this device is of 8MP with 28mm wide-angle 5-element lens. The 2MP BSI front camera has support for 720p video recording.

The smartphone runs on a 64-bit 1.2 GHz Qualcomm Snapdragon 410 CPU based on Cortex A53 with Adreno 306 GPU, 1GB LPDDR3 RAM and 8GB ROM which is expandable up to 32GB. It is powered by a 2,200 mAh battery with Quick Charge technology.

Talking about connectivity, the device offers two micro SIM card slots with support for 4G on both. The slots also support 3G connectivity. Both FDD-LTE Band 3 (1800 MHz) and TDD-LTE Band 40 (2300 MHz) are supported.