Boat

India's neckband market declines 9% in 2022 as competition rises: Report

Over 80 brands entered the neckband market in 2022, reflecting the growth potential of this market

Boat elevates Vivek Gambhir as Chairman; co-founder Sameer Mehta new CEO

Earwear brand Boat on Thursday said it has elevated CEO Vivek Gambhir to Chairman of the company. Boat co-founder Sameer Mehta will take on the role of CEO and Managing Director. Gambhir, in his new role as Chairman, will continue to guide the leadership team on matters of strategy, organisational development and culture and future growth roadmap. "We are now the number two company globally in the wearables (earwear and smartwatches) space in addition to being a leading brand in multiple categories in India. It is a matter of great pride that a brand born in India is now among the top brands in the world. And I am excited about the next phase of boAt, under the co-founders' visionary leadership," Gambhir said. Mehta joined Boat in February 2021 as CEO from Godrej Consumers Products, where he served as Managing Director and CEO of the company. "In early 2021, we approached Vivek to join and guide us in our scaling-up journey and prepare us to think and act like a bigger company rat

India's TWS shipments register 85% growth in 2022, boAt leads: Report

India's TWS (True Wireless Stereo earbuds) shipments registered 85 per cent (year-on-year) growth in 2022, with boAt leading the market for the third time in a row, a new report showed on Tuesday.

CES 2023: boAt to showcase next-gen hearable products from boAt Labs

'boAt Labs' has co-engineered next-generation hearables including TWS, neckbands and headphones with global tech companies to offer best-in-class immersive and premium audio experience

Blinkit to deliver boAt headphones and accessories within minutes

Select boAt products such as TWS, Neckbands, Portable Bluetooth Speakers, and Wired Earphones are now available on Blinkit

Withdrawal of start-up IPOs take wind out of sails of unlisted market

Share prices, trading activity slump amid rising uncertainty for startup listings

India's TWS shipments double year-over-year in Q3, boAt leads: Report

Indian brands grew 143 (year-over-year) in Q3 driven by boAt, Noise, Mivi, Boult Audio and Ptron, while Chinese brands saw an increased share of 13 per cent in Q3

India wearable market registers 56.4% growth, boAt leads, says report

boAt continues to lead with a 32.1 per cent of market share in Q3 growing 19.5 per cent (year-over-year), according to the report

boAt joins cult.fit to launch at-home workout programme to promote fitness

By customising workout routines and run plans, our smartwatches enable users to move beyond basic activity tracking and advance in their fitness journeys

Boat joins PharmEasy, Droom to shelve listing plans amid valuation concerns

Rising Sebi scrutiny, poor investor response during roadshows seen as reasons for withdrawal by companies

Audio gear, wearable tech firm boAt raises $60 mn, defers IPO plan

Funding will be used for the company's plans to the lead smartwatch category, strengthen role in audio

76 people killed after boat overturns due to rising floods in Nigeria

At least 76 people were killed in a boat accident in Nigeria's Anambra state on Sunday after a boat carrying 85 persons capsized following rising floods

At least 15 dead as two boats carrying 40 migrants sink in Greek waters

At least 15 people have died as two boats carrying migrants sank in Greek waters late Wednesday, and rescuers were looking for dozens still missing, authorities said early Thursday. The coast guard said 15 bodies had been recovered near the eastern island of Lesbos after a dinghy carrying about 40 people sank. Five people were rescued and three had been located on a rocky outcrop near the site of the sinking. A second rescue effort was launched several hundred kilometers (miles) to the west, near the island of Kythira, where a sailboat carrying about 100 migrants hit rocks and sank late Wednesday. Officials said 30 people had been rescued after that boat hit rocks off the village port of Diakofti on the east of the island. Winds in the area were up to 70 kph (45 mph). We could see the boat smashing against the rocks and people climbing up those rocks to try and save themselves. It was an unbelievable sight, Martha Stathaki, a local resident told The Associated Press. All the resid

E-commerce platform magicpin announces multiple leadership appointments

The new appointments are part of building the magicpin organisation as it prepares for its next phase of growth, and span product, marketing, technology and operations

IPO-bound boAt parent to scale up local manufacturing for global expansion

IPO-bound Imagine Marketing, the parent company of wearables brand boAt, has firmed up plans to become a made-in-India global lifestyle brand by increasing its overseas reach, according to a top company official. The company is awaiting regulatory nod for a Rs 1,100-crore public issue, of which Rs 900 crore will be fresh issue and the rest offer-for-sale. It expects to manufacture 60 lakh units (nearly double its present output) in H1 of FY23 under its make-in-India strategy and scale it further as the demand and market reach grow, which will also help it launch products faster and at lower prices, Aman Gupta, the co-founder and chief marketing officer, told PTI. Established in 2013 by Aman Gupta and Sameer Mehta in Mumbai, Imagine Marketing offers a product portfolio ranging from audio gear and smart wearables to personal grooming products and mobile accessories. In the domestic market, it has been holding the pole position in the overall wearables category for the third consecuti

2 dead, 3 missing after boat in New Zealand hits whale and capsizes

Two people are reportedly dead and three more missing after a boat in New Zealand collided with a whale and capsized. News organisation Stuff reported that 11 people were aboard the boat and six were rescued Saturday morning near the South Island town of Kaikoura. Kaikoura Mayor Craig Mackle told Stuff there was a sick feeling among those waiting for more news. Police said in a statement they were responding to an incident in which a boat had reportedly capsized and they had closed off a boat ramp from public use, but they did not immediately provide further details. Vanessa Chapman told Stuff she and a group of friends had watched the rescue efforts unfold from Goose Bay, near Kaikoura. She said that when she arrived at a lookout spot, she could see a person sitting atop an overturned boat waving their arms. She said two rescue helicopters and a third local helicopter were circling before two divers jumped out. She told Stuff that the person atop the boat was rescued and a second

Hardik Pandya's brand value jumps after winning strike against Pakistan

Among the brands Pandya is endorsing currently are Monster Energy drink, Gulf Oil, William Lawson scotch, boAt, and Britannia

Suspicious boat with weapons found off Raigad coast in Maharashtra

A suspicious boat with three AK-47 rifles and bullets was found off the Raigad coast in Maharashtra on Thursday, a police official said

Boat carrying Haitian migrants sinks off Bahamas, killing 17; 25 rescued

A boat carrying Haitian migrants apparently capsized off the Bahamas early Sunday, and Bahamian security forces recovered the bodies of 17 people and rescued 25 others, authorities said.

Top headlines: Air India now a Tata property; Canara Bank Q3 net jumps 116%

Business Standard brings you the top headlines on Thursday