Page 6 - Sameer Mehta News Today

Noise: Boat’s cofounder Sameer Mehta said Boat imported a small batch of 5000 units for the first sale and is readying distribution, forecasting shipments of 50,000-100,000 units in the first year, depending on how people perceive its value proposition of enhanced wellness tracking.

Indian brands Boat and Noise are entering the smart ring market, targeting fitness enthusiasts. The companies are looking to capitalize on the growing wearables market and the increasing demand for premium devices. Boat has imported 5,000 units for its first sale and expects to ship between 50,000 and 100,000 units in the first year.

From fintech to edtech, and clean tech to aquaculture, we have it all covered through well-curated panel discussions and fireside chats.

"While there may be short-term challenges for entrepreneurs in India, such as funding difficulties and a focus on profitability, the long-term outlook is promising. Budding entrepreneurs must have a clear vision, be detail-oriented, and persevere in order to build scalable and successful companies. Despite the current funding winter, funding opportunities still exist for the right companies. "

BoAt founder Aman Gupta and MapmyIndia CEO Rohan Verma address students at Lattice

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Start-up WickedGud counts amongst its investors, marquee names including Aman Gupta and Sameer Mehta of Boat, Gaurav Ahuja of Thrive Capital, Archana Priyadarshini of Mamaearth apart from institutional entities like Titan Capital, GetVantage, Venture Catalysts, NB Ventures, and Mumbai Angel Network

Privately-held companies in the region clocked 208 equity funding deals in Q2 to raise $2.13 billion, according to our latest report.

Strong determination and willpower can take you to unprecedented heights –and this is how the success story of Aman Gupta, co-founder and CMO of Boat can be summed up.

The 24% quarterly growth follows a slower-than-expected 16% growth in the January to March quarter, as reported by ET in May. While certain segments like pharma and eye wear have grown at a faster clip, senior ecommerce industry executives said there is an emerging trend of slowdown in online sales of low-priced items across categories like fashion, appliances, etc.