When was boAt founded?

boAt was founded in 2016 and became a unicorn in 2022, reaching the milestone in 6 years. It raised its 1st funding round 2 years after its incorporation.

Where is boAt located?

boAt is headquartered in Gurugram, India. It is registered at Unit no. 204 & 205, 2nd floor, D-wing & E-wing, Corporate Avenue, Andheri Ghatkopar Link, Road, Mumbai City, Mumbai, Maharashtra, India, 400093.

Who is the current CEO of boAt?

Sameer Ashok Mehta of boAt. They have also founded 1 company and are angel investors in 11 startups, including Imagine Marketing.

Which legal entities is boAt associated with?

boAt is associated with Imagine Marketing Limited.

How many employees does boAt have?

As of Aug 31, 2025, boAt has 495 employees, reflecting a 5% year-over-year growth in headcount.

Is boAt a funded company?

boAt is a funded company, having raised a total of $206M across 9 funding rounds to date. The company's 1st funding round was a ₹8.93Cr Seed round, raised on Apr 06, 2018.

How much is boAt worth?

The latest valuation of boAt is ₹10,900Cr as of Dec 02, 2022.

When was the latest funding round of boAt?

boAt's latest funding was a Angel round on Feb 01, 2024, with participation from 0 investor. Its primary sector is Wearable Technology. In India, the Wearable Technology sector has seen $190M in funding in 2026 to date.

What is the annual revenue of boAt?

Annual revenue of boAt is more than ₹1,000 Cr as on Mar 31, 2025

Is boAt a Wearable Technology company?

The primary sectors of boAt are Wearable Technology, Consumer Electronics E-Commerce and Audio Tech.

Where does boAt rank among its competitors?

boAt ranks 1st amongst 863 active competitors, of which 57 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Noise, which secured $20M in Apr, 2025.

Who are the top competitors of boAt?

boAt's top competitors include Soundboks, Time Kettle and Sennheiser. Among them, Noise secured the most recent funding round in April, 2025.

boAt - 2026 Company Profile, Team, Funding, Competitors & Financials

boAt is a series C company based in Gurugram (India), founded in 2016 by Aman Gupta and Sameer Ashok Mehta. It operates as a Retailer of personal audio and wearable products, plus mobile accessories. boAt has raised $206M in funding from investors like Fireside Ventures, Qualcomm Ventures and Warburg Pincus, with a current valuation of ₹10,900Cr. The company has 863 active competitors, including 57 funded and 39 that have exited. Its top competitors include companies like Soundboks, Time Kettle and Sennheiser.

Sectors and market segments that boAt operate in

boAt serves in the High Tech, Internet of Things - Industry Applications, Retail market segments.The primary business model of boAt are:

Company Details

Retailer of personal audio and wearable products, plus mobile accessories. The company provides various types of headphones, earphones, and earbuds. Also offered are smart watches, speakers, and related accessories. The company provides options for personalizing certain products.

Website: www.boat-lifestyle.com/
Social
Part Of
Registered Address: Unit no. 204 & 205, 2nd floor, D-wing & E-wing, Corporate Avenue, Andheri Ghatkopar Link, Road, Mumbai City, Mumbai, Maharashtra, India, 400093

Key Metrics

Founded Year

2016

Location

Gurugram, India

Stage

Series C

Total Funding

$206M in 9 rounds

Latest Funding Round

Angel, Feb 01, 2024, Undisclosed

Post Money Valuation

₹10,900Cr as on Dec 02, 2022

Investors

Fireside Ventures & 57 more

Ranked

1^st among 863 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

495 as on Aug 31, 2025

Investment & Acquisitions

RedGear & 2 more

Similar Companies

GoBoult & 205 more

View boAt's full profile

boAt is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Imagine Marketing Limited CIN: U52300MH2013PLC249758 , India, Active	Nov 01, 2013	₹1,000+ Cr (As on Mar 31, 2025)	511 (As on May 01, 2026)

boAt has raised a total funding of $206M over 9 rounds. Its first funding round was on Apr 06, 2018. boAt has 16 institutional investors and 42 angel investors.

Here is the list of recent funding rounds of boAt:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 01, 2024	Undisclosed	Angel	-	-	-	-
Oct 28, 2022	$61.6M	Series C	-	-	Warburg Pincus, Malabar Investments	-
Apr 15, 2021	₹64.4Cr	Series B	$256M	1.3x	Qualcomm Ventures	-

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View details of boAt's funding rounds and investors

The founders of boAt are Aman Gupta and Sameer Ashok Mehta. Sameer Ashok Mehta is the CEO of boAt.

Here are the details of boAt's key team members:

Aman Gupta: Co-Founder & CMO of boAt and founder of 2 other companies, Imagine Marketing and Imagine Marketing. They are also an angel investor in 146 startups and serve on the boards of 4 companies.
Contact Info: 1 phone number
Sameer Ashok Mehta: Co-Founder & CEO & CPO of boAt and founder of 1 other company. They are also an angel investor in 11 startups and serve on the boards of 4 companies.
Contact Info: 2 email addresses and 1 phone number

boAt's Board of Directors

boAt's board has 9 active members. Aman Gupta, Sameer Ashok Mehta, Vivek Gambhir and Ankur Sharma are part of team and Anish Kumar Saraf, Aashish Ramdas Kamat, Anand Ramamoorthy, Deven Pravinchandra Waghani and Anand Ramamurthi are independent board members.

Here is the list of boAt's board of directors:

Name	Type	Representing	Status	Duration
Aman Gupta	Team	-	Current	3y 9m
Sameer Ashok Mehta	Team	-	Past	0y 5m
Vivek Gambhir	Team	-	Current	3y 5m
Ankur Sharma	Team	-	Current	4y 9m
Anish Kumar Saraf	Independent board member	-	Current	5y 9m
Aashish Ramdas Kamat	Independent board member	-	Current	4y 11m
Anand Ramamoorthy	Independent board member	-	Current	4y 11m
Deven Pravinchandra Waghani	Independent board member	-	Current	4y 9m
Anand Ramamurthi	Independent board member	-	Current	4y 11m
Kanwaljit Singh	Independent board member	-	Past	0y 5m
Vikram Arun Chogle	Independent board member	-	Past	1y 0m

View details of boAt's Founder profiles and Board Members

boAt's employee count trend

boAt has 495 employees as of Aug 25. Here is boAt's employee count trend over the years:

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Top competitors of boAt include Soundboks, Time Kettle and Sennheiser. Here is the list of Top 10 competitors of boAt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	boAt 2016, Gurugram (India), Series C	Retailer of personal audio and wearable products, plus mobile accessories	$206M	Qualcomm Ventures, Malabar Investments & 56 others	77/100
2nd	Soundboks 2015, Copenhagen (Denmark), Series A	Internet first brand offering audio devices	$8.63M	Zillionize, ACE & Company & 8 others	65/100
3rd	Time Kettle 2016, China, Series A	Provider of AI-based wearable earbuds translators	$1.4M	National Small and Medium-sized Enterprise Development Fund, New Tranx ... & 2 others	63/100
4th	Sennheiser 1945, Lehrte (Germany), Funding Raised	Provider of headphones, microphones, and wireless transmission	-	Europa	60/100
5th	GoBoult 2017, Delhi (India), Unfunded	Retailer of personal audio, wearable, and mobile accessory products	-	-	59/100
6th	PopSockets 2012, Boulder (United States), Seed	Internet first brand offering customized mobile accessories	$365K	PEAK6, First Chair & 1 others	58/100
7th	Teufel Audio 1980, Berlin (Germany), Acquired	Manufacturer of high-fidelity audio products sold directly to consumers	-	HgCapital Trust, Riverside & 1 others	58/100
8th	Noise 2014, Gurugram (India), Series B	Online retailer of smart watches, earbuds, and related accessories	$30M	Bose	57/100
9th	More Design 2003, Taipei (Taiwan), Series D	Manufacturer of headphones, earphones, and audio accessories for various applications	-	GIC, Temasek & 6 others	57/100
10th	Loop Earplugs 2017, Antwerp (Belgium), Seed	Internet-first brand offering headphones	$1.12M	Akiles, Start it @KBC	57/100

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Founders (largest shareholder) own 52.95%, Funds own 46.09%, Enterprises own 0.00% and Other People own 0.07%. The net worth of boAt's founders is INR 5,760Cr as of Dec 02, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	52.95%	5,760Cr	5754211	8120319	4034871	6667524
Sameer Ashok Mehta	6738216	9537986	1964656	9067247	2852495	6872640
Aman Gupta	8185029	6345253	4952658	5526530	5492387	2385989
Fund	46.09%	5,020Cr	9020006	9318860	1038263	5443050
Warburg Pincus	6780049	3527507	2774057	4548690	6111224	1769054
Fireside Ventures	395	604	926	160	973	166
Qualcomm Ventures	78	50	94	43	20	58
Malabar Investments	5	8	6	8	7	3
Innoven Capital	0	0	0	0	0	0
Enterprise	0.00%	47.8L	0	0	0	0
Other People	0.07%	7.28Cr	0	0	0	0
ESOP Pool	0.88%	95.5Cr	0	0	0	0
Other Investors	0.01%	1.01Cr	0	0	0	0
Total	100.00%	10,900Cr	4050480	3091367	1562122	2445871

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of boAt's Shareholding

boAt has made 1 investment in Anveshan and acquired RedGear and COVE.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 12, 2025	Acquisition	RedGear	2010	Mumbai (India)
Jan 14, 2022	Acquisition	COVE	2015	Singapore (Singapore)
Aug 20, 2021	Investments	Anveshan	2019	Bengaluru (India)