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boAt
Electronics · Audio, wearables
Pre-IPO (DRHP filed 2025)India
HQMumbai, India
Founded2013
FoundersAman Gupta, Sameer Mehta
RegionIndia
Financials
FY24 Revenue₹3,121.6 Cr (FY24, down 5% YoY from ₹3,284.7 Cr)
FY25 Revenuenot disclosed
YoY growth-5% YoY FY24
Profitabilityloss-making
Channels & Distribution
Channel mix not disclosed.
D2C—
Marketplace—
Offline—
Stores—
Tech stack
Primary stackShopify
Shopify share—
Mobile appYes
Stack signals
Shopify (boat-lifestyle.com)AWSAmazon S3Route53BootstrapCare CartQuinn
CRM: Care Cart
Analyst notes
Imagine Marketing parent. FY24 ₹3,121.6 Cr (-5%); net loss ₹70.8 Cr (cut 48%). Filed updated DRHP for ₹1,500 Cr IPO. Shopify confirmed on boat-lifestyle.com.
Confidence: verifiedVerified 5 Jun 2026
Funding
Latest roundUpdated DRHP filed 20252025
Round size₹1,500 Cr IPO (₹500 Cr fresh + ₹1,000 Cr OFS)
Total raised—
Valuationunverified (pre-IPO)
Investors
Warburg PincusFireside VenturesQualcomm VenturesSouth Lake Investment
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