cxo voice
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Finance

InnoVen Capital Invests INR 16 Cr in Consumer Electronics Startup “boAt”

News Desk by News Desk
July 26, 2019
Innoven capital boat

Venture debt and lending platform InnoVen capital invests INR 16 crore in consumer electronics startup boAt with objective to capitalize on the expected increase in consumer spending in India.

Innoven capital, a leading venture debt and lending platform aggressively expanding its portfolio of consumer brands and has already extended venture debt to online luxury tea brand Vahdam Teas and smart lighting company Svarochi in 2019.

InnoVen capital boat
Credit: InnoVen Capital

The investment in boAt also strengthens InnoVen’s impressive investee portfolio in the consumer space, which already includes names such as Epigamia, Raw Pressery and Licious.

New age consumer tech brand boAt manufactures extensive range of electronic products – headphones, earphones, speakers, travel chargers & premium cables through contract manufacturing in India and China.

Bringing affordable, durable and fashionable audio products to the market, the company has registered impressive growth since its inception and has clocked over INR 100 crore in domestic sales alone

Sameer Mehta, Co-founder – boAt, said, “We are delighted to secure a debt investment from InnoVen Capital, as it gives us the opportunity to raise growth capital without diluting equity. As we scale greater heights, we will continue to focus on profitability and sustainable growth while minimizing our cash burn.”

ADVERTISEMENT
  • Read More: Wireless Technology Trends for 2019 : Gartner
News Desk

News Desk

by CXO VOICE team memebrs, [email protected]

Related Posts

AMD Sanmina
Business

AMD to Sell ZT Systems’ Manufacturing Business to Sanmina for $3 Billion

May 20, 2025
Red Hat AI NVIDIA
AI

Red Hat Empowers Agentic AI with Support for NVIDIA Enterprise AI Factory

May 20, 2025
Qualcomm Advantech
Business

Qualcomm and Advantech Join Forces to Accelerate AI for IoT Applications at COMPUTEX 2025

May 20, 2025
Tech Mahindra
Press Release

Tech Mahindra Achieves Red Hat Premier Partner Status Globally

May 20, 2025
Kiran Cherukuri
People

HCLTech Appoints Kiran Cherukuri as New Global GCC Practice Leader to Drive Innovation and Growth

May 20, 2025
NetApp NVIDIA
Business

NetApp and NVIDIA Partner to Enhance AI Adoption with the AIPod Solution for Streamlined Data Management

May 19, 2025
GIGABYTE at COMPUTEX 2025
Press Release

GIGABYTE at COMPUTEX 2025: Accelerating the AI Future With Total Infrastructure and Computing Solutions

May 19, 2025
NVIDIA AI
AI

Taiwan AI Revolution: Foxconn and NVIDIA Team Up to Launch Cutting-Edge AI Factory

May 19, 2025
Load More
ADVERTISEMENT

Latest Updates

AMD Sanmina

AMD to Sell ZT Systems’ Manufacturing Business to Sanmina for $3 Billion

by Deepa Sharma
2 hours ago

Red Hat AI NVIDIA

Red Hat Empowers Agentic AI with Support for NVIDIA Enterprise AI Factory

by Deepa Sharma
2 hours ago

When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms

by Sundar Balasubramanian
2 hours ago

Qualcomm Advantech

Qualcomm and Advantech Join Forces to Accelerate AI for IoT Applications at COMPUTEX 2025

by Deepa Sharma
3 hours ago

Tech Mahindra

Tech Mahindra Achieves Red Hat Premier Partner Status Globally

by News Desk
5 hours ago

Kiran Cherukuri

HCLTech Appoints Kiran Cherukuri as New Global GCC Practice Leader to Drive Innovation and Growth

by Deepa Sharma
7 hours ago

Expert Views

Opinion

When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms

May 20, 2025
Molly Sands AI
AI

AI RIP: 5 Things Knowledge Workers Will Say ‘Sayonara’ to in the Next Decade

March 8, 2025
multi cloud
Cloud

Multi-Cloud Made Simple: Strategies for Smart Business Management

March 5, 2025
Soft Skills
Opinion

Soft Skills and Technical Know-How: A Winning Combination in the Tech Industry

March 4, 2025
Digital Freedom
Cyber Security

Your Data, Their Gold: The Silent Battle for Digital Freedom

February 25, 2025

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Interviews

Steve Wilson, GenAI Cybersecurity LLMs
Cyber Security

How effective is GenAI in cybersecurity? The role of LLMs and AI in security solutions. [Interview with Steve Wilson]

-
Interview on Counterfeit products with Nikhil Narayan
Leaders Talk

Advancements in ML & AI made it possible to detect counterfeit products in real-time, says Nikhil Narayan

-
Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami
Leaders Talk

Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami

-
AI chatbots, Prasanna-Kumar
Leaders Talk

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. Our coverage spans key sectors, including IT, technology, banking, finance, cybersecurity, engineering, and automobiles.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

Copyright © 2025 CXOVoice - All Right Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release

Copyright © 2025 CXOVoice - All Right Reserved