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boAt is a leading audio player in the Indian market and a wearable brand globally.
Basic Information
boAt was launched in 2016 by Aman Gupta and Sameer Mehta. The company’s portfolio offers well-designed, innovative and distinctive fashionable lifestyle-oriented products at attractive price points targeted at a young and widely addressable audience within India. boAt’s product range includes an extensive catalogue of headphones, earphones, smart watches, speakers, travel chargers and premium cables, with Indian consumers’ desires and preferences at the core of its design. The home-grown Indian brand has also raised approximately $100 million from an affiliate of Warburg Pincus, a leading global private equity fund focused on growth investing in January 2021. The company currently has approximately 150 employees on its team across its offices in Delhi and Mumbai.
Legal Name
:
Imagine Limited
Headquarters
:
Delhi, Delhi, India
Business Model
:
B2C,  D2C  
Founding Date
:
2016
No. of Employees
:
151 to 250
Core Team
:
1.  
Aman Gupta
Co-Founder & CMO
2.  
Sameer Mehta
Co-Founder
Revenue Stream
Funding

Total Funding

$116.3M

Investors
:
1.  
Qualcomm Ventures
2.  
Innoven capital
3.  
Warburg Pincus
4.  
Fireside Ventures

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