HomeStartupBoat Clocks Rs 3,400+ Cr Revenue In FY23, Smartwatch Sales Grow Over...

Boat Clocks Rs 3,400+ Cr Revenue In FY23, Smartwatch Sales Grow Over 50%

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Why Shark Tank's Aman Gupta told investors they 'missed the boAt' - BusinessToday
  1. Imagine Marketing, the parent company of boAt, saw its revenue cross the INR 3,400 Cr mark in the financial year 2022-23 (FY23), registering a growth of 20%.
  2. The company claimed it is on track to cross INR 4,000 Cr gross revenue in FY24
  3. boAt, which is focusing on manufacturing in India, said it produced 15 Mn units in India in FY23
  4. Without giving any number, boAt said it reported a loss in FY23 due to its investments in the smartwatch category
SourceINC 42

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