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The D2C electronics brand boAt Raises INR 500 Cr From Warburg, Malabar

The D2C electronics brand boAt Raises INR 500 Cr From Warburg, Malabar
ByGopu S K

boAt, the D2C electronics company, has secured INR 500 Cr ($61 million) from existing investors, a Warburg Pincus affiliate, and new investor Malabar Investments. The D2C electronics brand intended to use the incoming funding to support company growth. The company aims to scale up domestically and internationally through all channels and regions.