Technology Gallery Lava V5 launched at Rs 11,499: Key specs, features and more Lava V5 is a budget device with 13MP Samsung image sensor and metallic accent around the sides Lava V5 is the latest flagship smartphone from the company that focuses on delivering great camera Lava V5 features a 5.5-inch HD display and is powered by 1.3GHz quad-core MediaTek processor. It has 3GB RAM and 16GB internal storage. Lava V5 comes with a 13MP image sensor from Samsung. The image sensor supports Phase Detection Autofocus and has a wide aperture of F2.0 Lava V5 is running StarOS based on Android 5.1 Lollipop. The company promises Android 6.0 Marshmallow update for this smartphone. Lava V5 is 8.3 mm thick and features CNC-drilled speaker grills. The company has added metal accent to the sides of the device. Lava V5 smartphone is priced at Rs 11,499 and will be available online exclusively on ebay. The smartphone will also be available from other retail channels.