boAt

company

About

boAt is a homegrown earwear audio-tech brand that offers well-designed, aspirational products at accessible price points.

Details

Last Funding Type
Convertable Note
Last Funding Money Raised
₹5B
Industries
Audio,Consumer Electronics,Fashion,Lifestyle,Wearables
Founded date
Jan 1, 2016
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Imagine Marketing Pvt. Ltd.
Also Known As
Imagine Marketing Private Limited

boAt is a lifestyle brand that deals with fashionable consumer electronics including earphones, headphones, speakers, travel chargers, and premium rugged cables. boAt's products blend into people's daily lifestyle, almost to the point of being a fashion accessory and a perfect fit for their ambient surroundings.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
₹6.17B $100M
boAt has raised a total of ₹6.17B $100M in funding over 2 rounds. Their latest funding was raised on Oct 28, 2022 from a Convertable Note round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 28, 2022 Convertable Note ₹5B 2 Detail
Apr 16, 2021 Series B ₹500M 1 Qualcomm Ventures Detail
Jan 5, 2021 Series B $100M 1 Warburg Pincus Detail
Sep 1, 2020 Debt Financing ₹250M 1 InnoVen Capital Detail
Jul 26, 2019 Debt Financing ₹160M 1 InnoVen Capital Detail

Investors

Number of Lead Investors
Number of Investors
6
6
boAt is funded by 6 investors. Qualcomm Ventures and InnoVen Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Qualcomm Ventures Yes Series B
InnoVen Capital Yes Debt Financing
Navi Technologies Yes Debt Financing
Fireside Ventures Yes Series Unknown
Malabar Investment Advisors Convertable Note
Warburg Pincus Convertable Note

Employee Profiles

Number of Employee Profiles
2
boAt has 2 current employee profiles, including Executive Aman Gupta
Executive
Executive

Acquisition

boAt has acquired 2 organizations. Their most recent acquisition was TAGG on Jun 9, 2021. They acquired TAGG for 0.

Date Company Name
Industry Acquisition Type Price
Jun 9, 2021 TAGG
Electronics acquisition Detail
Jan 15, 2022 KaHa Pte
Consumer Electronics acquisition Detail