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The Indian government's 'Make in India' initiative, offering incentives for local production, motivated boAt to push its manufacturing in India.
With this funding, Yu is planning to scale up its manufacturing capacity and expand its product category, read the release.
Aman Guptas success story with boAt serves as an inspiration to aspiring entrepreneurs everywhere.
Know how the Bollywood sensation Ranveer Singh's investment in BoAt, an Indian tech brand, is set to reshape the consumer electronics market.
While Swiggy prepares to file its IPO papers, New Delhi-based wearables and audio accessory brand Boat is likely to reconsider its plan to make an IPO in 2024, people in the know of its plans said. In 2022, it had withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India citing market conditions.