BoAt (company) (2024)

Overview

BoAt (legal name "Imagine Marketing Services Pvt. Ltd.") is an India-based company that was incorporated in November 2013. The company is an online brand that offers multi-category consumer electronics products. BoAt markets earphones, headphones, stereos, hair trimmers, power banks, travel chargers, smart watches, and cables. BoAt was founded by Aman Gupta and Sameer Mehta and in 2022 reached the mark of being one of the largest wearable electronics brands.

Products and brands

BoAt designs and markets a variety of audio-focused consumer electronics, including wireless earbuds, wired headphones, wireless speakers, home audio equipment, smart watches, and an assortment of mobile phone accessories.

Wireless earbuds

BoAt distributes a line of wireless earbuds under the brand name Airdopes. As of mid-2020, the manufacturer's suggested retail price (MSRP) for BoAt's Airdopes line ranged from ₹3,999 (approx. $53) to ₹6,999 (~$92).

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Airdopes 431 wireless earbuds

Like competing brands and models of wireless earbuds, the Airdopes line features Bluetooth connectivity, which enables truly wireless use, and carrying cases that include built-in batteries to charge the wireless earbuds when not in use.

Tethered wireless earbuds

BoAt distributes a line of tethered wireless earbuds under its Rockerz and BoAt brands. As of mid-2020, the undiscounted MSRP of BoAt's tethered wireless earbud offerings range from ₹2,990 ($39) to ₹4,990 ($66).

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Rockerz 261 tethered wireless earbuds

Like truly wireless earbuds, tethered earbuds do not connect directly to an audio source (like the audio-out port on a mobile phone, computer, or stereo). However, tethered wireless earbuds are connected to one another via a wire or are connected to a band that houses the batteries, controls, and onboard processors, which drive the speakers in the earbuds. Depending on the model, the connecting wire or band is worn behind the head or around the neck of the wearer, as if it was a lanyard.

Wireless headphones

BoAt also distributes a line of wireless headphones in both on-ear and over-ear form factors. Its headphones are marketed under the company's BoAt, Rockerz, and Nirvana brands, and undiscounted prices range between ₹2,990 (~$39) and ₹7,990 (~$105) depending on the model and its features.

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Nirvana 715 ANC, which features active noise cancellation

BoAt's devices do not connect to an audio source via wire or cable; instead, they feature Bluetooth connectivity to play audio from the audio source (such as a mobile phone, computer, or stereo system). In wireless playback mode over Bluetooth, BoAt's headphones draw power from lithium-ion batteries, which are integrated into the headphones.

Many of BoAt's wireless headphones come with an auxiliary audio cable that can plug into standard headphone jacks (or other audio jacks using adapters, which aren't included). On many models, connecting headphones to an audio source using the auxiliary audio cable does not draw down battery charge.

Wired headphones and earbuds

BoAt distributes a range of wired headphones and earbuds under the company's BassHeads brand. The undiscounted MSRP for BassHeads-branded wired headphones is around ₹2,490 (~$33).

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BassHeads 102 product photo

Like with most wired headphones and earbuds, BoAt's devices connect to a standard headphone jack on mobile devices, computers, stereo systems, and other audio-outputting devices. BoAt's devices draw power from the audio source into which they're plugged and do not require power from a dedicated amplifier. The company's over-ear and on-ear headphones, as well as its in-ear earbuds, offer a degree of passive noise cancellation by partially occluding the wearer's ear canals from external sound.

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Smartwatches

BoAt offers a line of smartwatches in a variety of fitness modes, health monitoring features, and call, text, and social media notifications. The smartwatches come in various colors, styles, and feature mixes.

Smart Ring

The BoAt Smart Ring offers sleep and health monitoring and tracking, including sleep data, heart rate, menstrual cycles, and body temperature through a partnered application. The ring is made of a mix of ceramic and metal and is designed to be durable, resisting both water and sweat along with physical activities. It is built to be lightweight and comfortable, and therefore easy to wear daily. BoAt is looking to introduce the smart ring with a price tag at or below approximately $80, to keep it in line with the pricing of its other consumer products.

Portable wireless speakers

BoAt sells a range of portable wireless speakers under its Stone and Rugby brand names. Its speakers wirelessly connect to an audio source using Bluetooth and are powered by built-in batteries. As of mid-2020, devices are priced between ₹2,490 (~$33) and ₹12,999 MSRP ($171), without discounts, depending on the model and features.

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Stone 1401

BoAt's wireless speakers come in a range of sizes and form factors designed for different use cases. Its smaller, lower-powered devices are priced lower than its larger wireless speaker options, which feature louder sound output, longer battery life, and varying degrees of ruggedization in their designs.

Home audio equipment

BoAt distributes home audio equipment under its Aavante brand. The company's home audio offerings primarily consist of sound bars and subwoofers for use with televisions and other home theater equipment. As of mid-2020, BoAt's home audio offerings are priced between ₹9,900 (~$130) and ₹24,990 (~$329), without discounts.

BoAt's home audio equipment features multiple input modes, including Bluetooth, USB-A, and auxiliary audio cable. Certain models are Bluetooth-only.

Mobile accessories

The company distributes BoAt-branded mobile device accessories, such as USB cables (including USB-a to Lightning, USB-A to Micro USB, USB-C to Lightning, and USB-A to USB-C connections) and auxiliary audio cables.

It also sells a range of portable external batteries under the brand Energyshroom. These batteries can be used to charge a mobile device when there is no access to a power outlet. The company also sells a range of quick car chargers, using Qualcomm's quick charge technology and capable of charging quick charge-enabled devices.

Special editions

BoAt produces limited editions of its various audio hardware products as part of promotions or collaborative tie-ins with other brands.

Marketing and promotion

BoAt promotes its products through a combination of influencer marketing and brand tie-ins with sports teams and public events.

BoAt calls its brand influencers "BoAtheads." Its brand influencers include Indian singers like Neha Kakkar and rapper Naved Shaikh (also known as Naezy), as well as athletes like cricketers Hardik Pandya and Shreyas Iyer.

The company has done brand tie-ins with sports franchises like cricket teams Chennai Super Kings and the Mumbai Indians. Additionally, BoAt has co-branded its audio devices with music events like Sunburn Festival and other large-scale events like the Lakmé Fashion Week.

Leadership

Cofounders

BoAt was cofounded by Aman Gupta and Sameer Ashok Mehta.

  • Aman Gupta is cofounder and chief marketing officer of BoAt. Prior to founding BoAt, Gupta was the director of sales at Harman International, where he oversaw a portfolio of consumer electronics brands including JBL, Harman Kardon, and AKG which Harman International distributes in India. Gupta's first entrepreneurial experience was as cofounder and CEO of Advanced Telemedia Pvt Ltd, which helped launch global brands such as Beats Audio, Sennheiser, and Telex, among others, in the Indian market.
  • Sameer Ashok Mehta is cofounder of BoAt. Mehta had entrepreneurial and executive leadership experience prior to founding BoAt. He is an owner of Redwood Interactive, which distributes computer gaming hardware and peripherals under the Redgear brand. Mehta is also director at Kores India, a business owned by his family. Mehta was appointed to his directorship at Kores India Limited in February 2010.

Non-executive director(s)

Kanwaljit Singh joined the company's board of directors in April 2018. Singh is managing partner of Fireside Ventures, which led a ₹60,000,000 (approximately $900,000 USD) equity funding round in BoAt. The round was not announced until early May 2018.

BoAt (company) (2024)

FAQs

Who owns boAt company? ›

boAt is an India-based consumer hardware brand founded in 2016 that sells headphones, earphones, travel chargers, and premium rough links. Imagine Marketing Services Private Limited, which carries out the business as boAt, was integrated by co-founders Sameer Ashok Mehta and Aman Gupta.

Is boAt a Indian company? ›

For the founders of audio and accessories brand boAt, charting the way for other Indian entrepreneurs is their biggest achievement. Sameer Mehta recalls the time when he and Aman Gupta were denied entry at an electronics exhibition in China.

Who is the parent of boAt company? ›

Imagine Marketing Ltd.

It was founded in 2013 and is led by its flagship brand “boAt” which was launched in 2014. It has products in various segments.

What is the old name of boAt company? ›

BoAt (legal name "Imagine Marketing Services Pvt. Ltd.") is an India-based company that was incorporated in November 2013. The company is an online brand that offers multi-category consumer electronics products.

How much is boAt company worth? ›

As of 2024, Aman Gupta's net worth is estimated to be Rs 720 crore, while his sound accessories brand, boAt is estimated to worth Rs 10,500 crore as per GQ India.

Who is the owner of boAt company in Shark Tank? ›

In a recent episode of Shark Tank India, Aman Gupta, co-founder of Boat, declined to invest in Daak Room, a startup praised by Prime Minister Narendra Modi. Despite accolades, Gupta expressed reservations, stating the venture didn't align with his interests.

Is boAt made in China? ›

As of now, around 10% of Boat's products are manufactured in India. The remaining 90% is churned out in China and Vietnam, with the latter contributing a measly 1%. Boat's target is to manufacture close to 40% of its production volume in the home market by 2024.

Which brand is better JBL or boAt? ›

JBL tends to emphasize high-end audio technologies, providing immersive sound experiences, while Boat may focus on budget-friendly options with a good balance of features.

Who is the CEO of boAt? ›

Who owns most shares of boAt? ›

The startup's founders Mr. Sameer Mehta and Mr. Aman Gupta , who own 28.26% each on a fully diluted basis, are the majority stockholders, with their cumulative holding adding to 56.52%.

Who are the top shareholders of boAt? ›

Mehta and Gupta hold 28.26% stake each in the company. Warburg Pincus is the largest shareholder with 36.48% stake. Other financial investors include Fireside Ventures (3.76% stake) and Qualcomm Ventures (2.6% stake).

Why is boAt company named boAt? ›

The Indian consumer electronics brand "boAt" derived its name from the phrase "bringing out another trend." The brand's founders, Sameer Mehta and Aman Gupta, aimed to create products that would set new trends in the audio and lifestyle industry.

Is boAt a Chinese company? ›

Boat, a homegrown wearables brand in India, believes that the local electronics industry needs engineering and design support from Chinese companies due to a lack of capabilities. However, Boat aims to reduce its dependence on Chinese suppliers in the long run to become self-reliant.

Is boAt made in India or China? ›

boAt's products are made through contract manufacturing in China, which is a reason why they are so affordable. Amid a rising anti-China sentiment in India – which hasn't really translated to any change in consumer behaviour – boAt has said it is looking to move a majority of its manufacturing to India.

Who invented boAt company? ›

boAt Company stepped in here and completely revolutionized the industry. The founders—Sameer Mehta and Aman Gupta wanted to create a lifestyle brand that would deal with fashionable audio concentrated electronics.

Is boAt a Chinese company or not? ›

Although the company is Indian, the items are not. Because boAt's items are created via contract places like China, they are very inexpensive.

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