The latest device launched by Lava is the Iris 502.
The dual-SIM Iris 502 runs on Android 4.1 Jelly Bean and 5-inch WVGA (480×800 pixels) display. In the days when phones are being powered by at least a dual-core processor, the Iris 502 is surprisingly powered by only a single-core 1GHz processor and 512MB RAM. Other features included with the phone are a 5-megapixel rear camera, VGA front camera, 2GB internal memory with a microSD slot for cards up to 32GB and a 2,000mAH battery.
The Iris 502 will comptete with the Karbonn Smart A111 and is available for buying on Flipkart for Rs 8,499.