Indian smart hardware startup BoAt Lifestyle completes $100 million financing

Indian smart hardware company BoAt Lifestyle has completed a new round of US$100 million in financing. According to reports, BoAt Lifestyle is the “most successful hardware startup” in the Indian market.

After this round of financing, BoAt Lifestyle’s valuation has reached 300 million US dollars. At present, its smart wearable products have reached 9 types, including earphones, speakers, speakers, charger ears, etc.

A previous statistical analysis showed that in the third quarter of 2020, India’s entire TWS market grew by 723% year-on-year, and Boat became the first in the TWS field.