Page 2 - Boult Audio News Today

Wearables Market: The overall ASP declined by 20.4% from $27.2 (~Rs 2,200) to $21.7 (~Rs 1,800). On account of heavy discounting and offers across channels, the smartwatch ASP slid 35.5% year-over-year to $26.7 in Q3 2023, according to IDC. The ASP for TWS stood at $19.5 with a decline of 17.1% year-over-year.

According to a valuation report commissioned by Noise prior to the fundraise, the company was valued at around $300 million, as per the regulatory filings sourced from RoC.

According to a valuation report commissioned by Noise prior to the fundraise, the company was valued at around $300 million, as per the regulatory filings sourced from RoC.

Noise has issued 2,400 compulsorily convertible preference shares (CCPS) of Series A class for a total consideration of Rs 82.99 crore, or around $10 million.

In what could potentially strengthen homegrown audio accessories and wearables brand Noises foothold in a tightly contested segment, the company has closed its first ever fundraise from global audio devices maker Bose. This and more in todays ETtech Top 5.

US-based audio equipment maker Bose has acquired a minority stake in Indian wearables startup Noise as part of Noise's Series A round. Noise, which ho

Wearable Market: Smartwatches remained the fastest-growing category with 16.9 million units, growing by 41.0% year-over-year as incumbent vendors shipped aggressively to stock for the upcoming festive season. The share of earwear dropped to 64.4% from 67.3% a year ago, but shipments still grew 23.6% to 30.9 million units.

The Boult Mirage additionally comes with a built-in heart rate monitor, blood oxygen monitor, and sleep tracker to track overall health and fitness.

Nearly seven out of 10 Direct-to-Customer (D2C) merchants selling products online expect a whopping two to four times jump in sales this festive season, according to a survey. About 53 per cent of merchants surveyed anticipate apparel and ethnic wear to top the sales charts, followed by beauty and

To complement the pent-up demand and cater to the high number of orders, a number of merchants are investing in increasing their manufacturing and warehousing capacities.