The Redmi Watch - or Mi Watch Lite for global markets - has been spotted on the BIS regulatory documentation, hinting that it will launch in India soon. It is slated to be the Redmi-branded version as it has been registered under that name. By any name, it has a 1.4-inch square face, 5ATM water resistance and up to 9 hours of battery life.
https://www.notebookcheck.net/The-Redmi-Watch-will-launch-in-India-as-per-its-BIS-certification.516848.0.html