Vivo is reportedly set to launch its new V5 Plus IPL Edition smartphone on Tuesday. According to reports, the smartphone will get a matte black finish and feature 20MP and 8MP dual front cameras and a 16MP rear camera. V5 Plus also sports a 5.5-inch display, 1.8GHz Octa-Core Snapdragon 625 processor, 4GB RAM, 64GB inbuilt storage and a 3160 mAh battery.