boAt

About

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

New Delhi,Delhi,India
501 - 1000
http://www.boat-lifestyle.com/

Highlights

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

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