Company profile

boAt

boAt, founded in 2016, became a unicorn in October 2022 with a $1.32 billion valuation after raising a $61.6 million Series C led by Warburg Pincus and Malabar Investments. The company has raised $171 million to date from investors including Malabar Investments and Analah Ventures. Headquartered in Gurugram, India, boAt provides personal audio devices, smart wearables, and mobile accessories. With a focus on design, quality, affordability, and scalable distribution, boAt is positioned to expand its consumer electronics and audio technology offerings across India and international markets.

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Quick facts

Total funding: $1.32 billion
Valuation: $1.32 billion
Founded: 2016

Notable investors

Malabar Investments
Analah Ventures
Warburg Pincus

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