Anchors Aweigh: boAt Lifestyle Secures 170M Funding to Propel India's Audio & Wearable Revolution

boAt Lifestyle is excited to announce a major milestone in its growth journey with a fresh funding injection of 170,000,000. Founded in 2016 by visionaries Aman Gupta and Sameer Mehta, boAt was born out of a desire to fill the significant gaps in India’s audio and wearable market. Today, boAt stands as a global beacon of innovation, recognized as the world’s 2nd largest wearable brand and India’s No.1 audio brand. This impressive achievement is a direct result of the founders’ ambition to create a lifestyle brand that not only delivers top-quality audio experiences but also champions the spirit of self-expression, adventure, and exploration. The funds raised will be instrumental in furthering boAt’s mission to deliver a broader range of innovative products that resonate with music aficionados, lifestyle influencers, and individuals who lead spirited, adventurous lives. With this new capital, boAt Lifestyle plans to accelerate its research and development initiatives, enhance collaborations with global designers and artists, and expand their market reach into new demographics and geographies. This infusion of capital will also be used to strengthen the brand’s digital platforms, ensuring a seamless experience for its community which has grown to become an integral part of the modern lifestyle narrative. At its heart, boAt is more than just a tech company; it is a cultural phenomenon that empowers young people to express themselves through sound and style. As boAt paves the way for future innovations, this funding round marks an exciting chapter in its journey, reaffirming its commitment to offering not just products, but a lifestyle that celebrates music, creativity, and unbridled adventure.