Monday, July 13, 2026 Home
Startup Atlas · Audio Equipment

boAt Unicorn

Imagine Marketing Limited Gurugram, Haryana Founded 2016 boat-lifestyle.com ↗
Sameer Ashok Mehta · Co-founder; served as CEO until stepping down to Executive Director in Sept 2025 ahead of the company's IPO filing, when COO Gaurav Nayyar was elevated to CEO Aman Gupta · Co-founder; served as CMO until stepping down to Non-Executive Director in Sept 2025 ahead of the company's IPO filing
$167.6 MnTotal funding (tracked)
4Funding rounds
28 Oct 2022Last round

boAt: Funding Rounds

Seed / Series A (first institutional round): $0.9MMay '18Growth Equity: $100MJan '21Strategic / Venture: $6.7MApr '21Growth Equity: $60MOct '22

Disclosed round amounts over time, USD millions.

Date Round Amount Investors Source
28 Oct 2022 Growth Equity ₹500 crore (~$60 million) Warburg Pincus Malabar Investments source
15 Apr 2021 Strategic / Venture ₹50 crore (~$6.7 million) Qualcomm Ventures source
5 Jan 2021 Growth Equity ~$100 million Warburg Pincus source
4 May 2018 Seed / Series A (first institutional round) ₹6 crore (~$900K) Fireside Ventures source

boAt: Investors

Warburg Pincus Malabar Investments Qualcomm Ventures Fireside Ventures

Acquisitions

DateAcquirerAcquiredAmountSource
17 Jan 2022 boAt kaha-pte-ltd-singapore-based-iot-wearables-company-aka-cove-iot Undisclosed source
9 Jun 2021 boAt tagg-tagg-digital Reported $5-8 Mn (Entrackr exclusive; deal reported as being in final stages, not independently confirmed by a company press release) source

FAQs on boAt

How much funding has boAt raised?

boAt has raised $167.6 Mn across 4 tracked funding round(s), most recently on 2022-10-28. Figures are compiled from cited public sources.

Who are the investors in boAt?

Investors in boAt include Warburg Pincus, Malabar Investments, Qualcomm Ventures.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: entrackr.com · Last verified 13 Jul 2026. · Report a correction