BOAT Lifestyle

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boAt Lifestyle
Company type Private
Industry Consumer electronics
Founded2014;11 years ago (2014)
Founder Aman Gupta, Sameer Mehta [1]
Headquarters New Delhi, India
Key people
Aman Gupta, Co-founder and CMO [2]
Sameer Mehta, Co-founder and Chief Product Officer
Products Audio equipment, Smartwatches, Mobile accessories
Revenue₹3,000 crore (approx. US$360 million) (FY 2023) [3]
OwnerImagine Marketing Ltd.
Number of employees
1,000+ (as of 2024)
Websiteboat-lifestyle.com

boAt Lifestyle(stylized as boAt) is an Indian consumer electronics brand that specializes in audio technology and wearable accessories. Founded in 2014, the company is best known for its range of electronic products including earphones, headphones, smartwatches, speakers, and mobile accessories. boAt has grown rapidly to become one of India’s leading wearable and audio brands. [4] [5] [6] [7] [8] Boat Lifestyle is the 5th largest wearable brand in the world. [9] [10]

Contents

History

boAt was founded in 2014 by Aman Gupta and Sameer Mehta under the parent company Imagine Marketing Services Pvt. Ltd. Headquartered in New Delhi, the brand entered the market with a focus on affordable yet fashionable consumer tech products. Its early success was driven by the popularity of its audio equipment, especially wired and wireless earphones.

Products

Marketing

boAt’s marketing strategy heavily revolves around celebrity endorsements and social media. Brand ambassadors have included prominent Indian celebrities such as Kartik Aaryan, Kiara Advani, Hardik Pandya, and Shikhar Dhawan. The company also sponsors music festivals, e-sports events, and has partnered with the Indian Premier League (IPL) teams for branding.

boAt refers to its consumers as “boAtheads,” creating a lifestyle identity around its products.

Growth and Market Position

As of the early 2020s, boAt has consistently ranked among the top 5 wearable brands globally in terms of units shipped, according to market research reports. It has also led the Indian TWS (true wireless stereo) and wearables market in several quarters.

The brand operates primarily through online marketplaces such as Amazon and Flipkart, although it has also expanded into offline retail and D2C (direct-to-consumer) platforms.

Funding and Valuation

boAt has attracted investment from venture capital firms such as Warburg Pincus, Qualcomm Ventures, and InnoVen Capital. In 2021, the company filed preliminary papers for an IPO but later postponed the listing due to market conditions.

References

  1. "boAt – India's First Truly Consumer-Focused Electronics Brand". ET BrandEquity. Retrieved 7 June 2025.
  2. "Aman Gupta: The man behind boAt's marketing wave". Forbes India. Retrieved 7 June 2025.
  3. "boAt revenues soar as brand dominates Indian wearables" . Retrieved 7 June 2025.
  4. "boAt's Brand Manager Komal Aggarwal moves on - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. 6 June 2025. Retrieved 11 June 2025.
  5. Shashidhar, Ajita (9 April 2025). "The Introvert: How boAt's low-profile CEO Sameer Mehta helped build a sound empire". Fortune India. Retrieved 11 June 2025.
  6. "Boat Storm Infinity smartwatch with 15 days battery life launched, priced at Rs 1,299". The Times of India. ISSN   0971-8257 . Retrieved 11 June 2025.
  7. Rao, Eswar (19 October 2024). "BoAt Lunar Prime: Best Deals on Smartwatch at Croma and Boat Lifestyle". Timesbull. Retrieved 11 June 2025.
  8. Network, NDM News (10 April 2025). "boAt Lifestyle Officially Enters IPO Via Confidential SEBI Filing". DIGITAL TERMINAL. Retrieved 11 June 2025.
  9. "How India's BoAt Became The Fifth Largest Wearable Brand In The World". Forbes India. Retrieved 11 June 2025.
  10. Ahaskar, Abhijit (3 December 2020). "India's boAt becomes fifth biggest wearable brand in the world". www.livemint.com. Archived from the original on 17 July 2023. Retrieved 11 June 2025.