boAt – India’s #1 audio & consumer lifestyle brand (as per IDC) has strengthened its leadership team as it looks to expand its product offering across newer segments, deepen its manufacturing & supply chain network in India and drive business transformation. The team will be based out of New Delhi, Mumbai, and Bengaluru offices, and…
boAt raises funding from Qualcomm Ventures, the investment arm of Qualcomm Incorporated and an industry leader in wireless technologies. The investment will support the brand’s journey to rollout the next-generation audio & lifestyle products across geographies, the release said. boAt, the #1 audio wear brand in India, continues to achieve rapid revenue growth – 100%+…
Consumer tech products brand Boat said it has appointed former Godrej Consumer Products executive Vivek Gambhir as its Chief Executive Officer, according to PTI report. In this new role, Gambhir will be closely working with co-founders Aman Gupta and Sameer Mehta to drive the company’s vision and accelerate the overall growth, a statement said. Previously,…
Indian electronics and lifestyle startup, boAt has raised approximately $100 million from an affiliate of Warburg Pincus, a global private equity fund focused on growth investing. “We welcome Warburg Pincus as a new investor into the company. This is a vote of confidence for our business model and growth prospects. The investment is great news for…
boAt announced some key changes to its executive team. The mobile & audio accessories brand appointed Sushant Dalmia as Chief Financial Officer. The company has also appointed Damandeep Singh Soni as Vice President – Growth, Divyanshu K as Vice President – Strategy and Pankaj Raut as Vice President – Supply Chain. The team will work…
InnoVen Capital, India’s first and largest venture debt and specialty lending firm, announced it has invested Rs 25 crore in boAt, a lifestyle brand that deals in fashionable consumer electronics. Founded in 2016 by Aman Gupta and Sameer Mehta, Boat Lifestyle’s portfolio includes headphones, earphones, speakers, travel chargers and premium cables. Last month, the lifestyle…