The world's most affordable smartphone is here. US-based tech company InFocus announced BINGO 10, which according to the company claims, is the cheapest Android Marshmallow phone.

BINGO 10 rocks 5MP front and rear cameras with LED flash, 1GB RAM, 8 GB storage, and is driven by MediaTek Quad Core 1.3 GhZ processor, the company said in a statement.

Sachin Thapar, country head, InFocus India, in a statement said, "For most smartphone users, the wait to own a device with latest Android operating system (OS) could be eternal. As per Google?s report, till date, only 2.3 percent of the Android smartphone is on Marshmallow."

The device, priced at Rs.4,299, is developed keeping in mind young users in the age group of 15 to 24.

Thapar added, "With InFocus Bingo 10, we want everyone to be able to get the taste of Marshmallow, which is still seen as a preserve of high-end smartphones. InFocus BINGO 10 is our endeavour to cater to the core needs of age group of 15-24 years and it perfectly complements their style quotient with attractive color frames and superior design quality."

BINGO 10 also includes other exciting features like face recognition, beauty shot and photo enhancer. It will be sold exclusively on Snapdeal from Monday, the company said.