Key Metrics
  • No. of Employees682
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹1,368.3 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About boAt

BoAt set its sail back in 2016. Both founders, Aman Gupta and Sameer Mehta, realized the massive gaps in the audio and wearable market of India and hence founded BoAt with the vision of making fashion meet the world of consumer electronics. Five years down the road, BoAt has become a crucial part of cultural conversations for the younger generation, lifestyle influencers, audiophiles, and a lot of many segments. BoAt has hence become an advocate of self-expression, adventurous experiences, and exploration all the way. Driven by a blazing passion for music and an instinct for innovation, BoAt intends to deliver more than just a product to its community. Today, BoAt is the world's 5th largest wearable brand along with India’s No.1 Earwear brand. This account is a sneak peek into the feisty world of BoAt - its showrunners, hustle, culture and beyond.

Business Model

boAt markets audio-focused devices such as wireless speakers, earbuds (Airdopes), wired and wireless headphones and earphones, home audio equipment and premium rugged cables among others. It controls five brands including boAt, Redgear, Tagg, Defy and Misfit.

Top Competitors
MI
MiviU72900TG2017PTC121418
PT
PtronU22222TG2011PTC073292
NO
NoiseU51109HR2009PTC082744
BA
Boult AudiU31909DL2020PTC372125
boAt Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹1,368.3 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors3
Investors
  • Warburg Pincus, Fireside Ventures, Qualcomm
Note:

Valuation as on Oct 28, 2022

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
boAt Financial Details
Financial Highlights
FY 2023-24 Revenue₹3,135.35 Cr
FY 2023-24 Expenses₹3,233.59 Cr
FY 2023-24 Profit/Loss-₹79.68 Cr
Net Cash Flow From Operations₹375.68 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
boAt Key People
People Metrics
Current Core Team2
Board Members/Directors7

Core Team

SM
Sameer MehtaCo-Founder
AG
Aman GuptaCo-Founder & CMO

Board Members/Directors

VG
Vivek GambhirDirector
DP
Deven Pravinchandra WaghaniDirector
AR
Anand Ramaoorthy Director
AK
Anish Kumar Saraf Director
PS
Purvi SethDirector
SM
Sameer MehtaDirector
AG
Aman GuptaDirector
boAt Documents

AY - 2018-19

Profit and Loss statement - boAt - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of boAt for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - boAt - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of boAt for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - boAt - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of boAt for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - boAt - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of boAt for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - boAt - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of boAt for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - boAt - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of boAt for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - boAt - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of boAt for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - boAt - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of boAt for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - boAt - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of boAt for FY 2022-23
₹249.00 ₹498.00
Balance sheet - boAt - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of boAt for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - boAt - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of boAt for FY 2023-24
₹249.00 ₹498.00
Balance sheet - boAt - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of boAt for FY 2023-24
₹249.00 ₹498.00

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