boAt Raises Rs 25 Cr in debt funding from InnoVen Capital
Mumbai-based boAT is a consumer electronics startup which manufactures audio devices
boAT was a leading brand in the ear wear segment with a market share of 27.3% in 2019
Innoven Capital is Asia’s leading venture debt and lending platform based out of Mumbai
Total funding raised by boAT amounts to $240 Million
The company claims to have sold 8,000 to 10,000 units daily in 2019
