Earlier we had reported that Micromax is about to launch an ICS based tablet called P-300. Micromax has made the tablet official but with a different name called Funbook. The tablet is reasonably priced at Rs. 6,499 and runs on ICS aka Android 4.0 out of the box. It has a 7 inch display and is powered by 1.2 GHz processor and 512 MB RAM. Micromax is targeting mostly students, as the tablet is preloaded with education material and also comes bundled with Tata Photon. Funbook is available in White and Grey.