It's new middleclass phableb from China and... it isn't entrancing when components are discussed but price and design are at least ok:
System: Android 6.0;
Screen: 5,5" 720p, IPS, 2,5D;
SoC: MediaTek MT6735P;
RAM: 3GB;
Storage: 32GB + microSD;
Cameras: 8/8MP;
Battery: 2500mAh;
Price: Indian Rupees 6999 so around $105.
For price given CoolPad offers big memory (both RAM and internal storage) but it have weak SoC to balance big memory. And I'm sure that processing unit will become major problem in near future.
Source: indianexpress