YU Televentures was an Indian consumer electronics brand that was created on 18 December 2014 as a joint venture between Cyanogen Inc and Micromax Informatics Limited. Also, YU holds official Cyanogen OS rights in India. Where in December 2016 the CyanogenMod developer group discontinued the Cyanogen OS. Micromax co-founder Rahul Sharma owns a 99% controlling stake in YU while the remaining 1% is held by two other co-founders, Vikas Jain and Sumeet Arora. Later YU Sub-Brand of Mircromax was discontinued by the Brand and the official site redirected to Micromax's official website. YU Televentures was remade on 7 June 2019.