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For Boat, q-com is third-largest sales channel, says cofounder Aman Gupta

Economic Times

Economic Times · 11m ago

For Boat, q-com is third-largest sales channel, says cofounder Aman Gupta

Boat, a popular wearable and audio products brand, has identified quick commerce as its third-largest sales channel. According to Boat's co-founder Aman Gupta, certain brands find more success on quick commerce platforms than on traditional ecommerce channels like Amazon or Flipkart. Quick commerce is gaining traction in India, with new-age brands experiencing rapid growth in this space. Walmart-owned Flipkart has also recently entered the quick commerce market with its service called 'Minutes'. The quick commerce market in India is projected to grow by 35% to nearly $7 billion by 2025, offering significant growth opportunities for direct-to-consumer brands.

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Do not do startup for the sake of it, says Boat cofounder Aman Gupta

Economic Times

Economic Times · 4m ago

Do not do startup for the sake of it, says Boat cofounder Aman Gupta

Aman Gupta, cofounder of Boat, advises young entrepreneurs not to start businesses simply for the sake of it. He emphasizes the importance of founder branding, where entrepreneurs enhance their business’s visibility through personal image. Gupta notes that successful execution is key, rather than being first in the market, as illustrated by companies like Flipkart and Boat. He also highlights India's growing focus on entrepreneurship and effective brand building for business success.

Early moves on corporate governance can ensure smooth sailing for companies: Boat cofounder Aman Gupta

Economic Times

Economic Times · 2y ago

Early moves on corporate governance can ensure smooth sailing for companies: Boat cofounder Aman Gupta

Aman Gupta asserted that Boat has been focusing on corporate governance from day zero, as it "always wanted to be clean". The Boat cofounder said he is happy that the attention of the startup universe has shifted to this important issue now.

upGrad’s Ronnie Screwvala, & 2 Others Join Shark Tank India

Inc42 · 1y ago

upGrad’s Ronnie Screwvala, & 2 Others Join Shark Tank India

Ronnie Screwvala, cofounder of upGrad, Radhika Gupta, CEO of Edelweiss Mutual Fund, and Varun Dua, founder of Acko, have joined as new sharks for the third season of Shark Tank India. The season, currently in production, will also feature Ritesh Agarwal from OYO, Deepinder Goyal from Zomato, and Azhar Iqubal from Inshorts as sharks. The total number of sharks for this season is now 12. Other returning sharks include Aman Gupta from boAt, Anupam Mittal from Shaadi.com, Vineet Singh from SUGAR, Peyush Bansal from Lenskart, and Amit Jain from CarDekho.

Boat likely to go public next year: cofounder Aman Gupta

Economic Times

Economic Times · 10m ago

Boat likely to go public next year: cofounder Aman Gupta

Boat, a popular wearables brand, is planning to go public next year, according to cofounder Aman Gupta. The company is focused on improving its operations and is set to enter international markets with a launch in the UAE next month. Gupta emphasized that execution is more crucial than the initial idea for success, citing examples of products becoming blockbusters and eventually building successful brands. He also advised entrepreneurs to embrace mistakes as an opportunity for learning and growth.

boAt's Aman Gupta confirms IPO plans for 2025, global expansion in UAE

Economic Times

Economic Times · 10m ago

boAt's Aman Gupta confirms IPO plans for 2025, global expansion in UAE

Wearable brand boAt is planning to go public with an IPO in 2025, according to co-founder Aman Gupta, who recently shared the news at the ET Soonicorns Summit in Bengaluru. Gupta stated that the company is putting in efforts to enhance its operations and if everything progresses as expected, boAt will make its debut in the stock market next year. boAt is also expanding its global presence and is set to enter the UAE market in the coming month.

Beautywise raises Rs 3 crore from Boat's cofounder

Economic Times

Economic Times · 5m ago

Beautywise raises Rs 3 crore from Boat's cofounder

Beautywise, a beauty and wellness brand, secured Rs 3 crore funding from Boat cofounder Aman Gupta on Shark Tank India, following a Rs 6 crore round raised earlier in February 2024. The new funding will support the development of innovative products, team expansion, and brand presence enhancement. CEO Shreyansh Chauhan stated that the funds will be directed towards R&D and broadening their reach by hiring more field personnel and fortifying partnerships with clinics and pharmacies nationwide.

Shark Tank judge Aman Gupta once said his home was run on his wife's money. Who is Priya Dagar? A look at their 'DDLJ' like love story

Economic Times

Economic Times · 1m ago

Shark Tank judge Aman Gupta once said his home was run on his wife's money. Who is Priya Dagar? A look at their 'DDLJ' like love story

Aman Gupta, co-founder of boAt and Shark Tank India judge, faced early financial struggles after leaving chartered accountancy. Supported financially by his wife, Priya Dagar, during lean times, Aman persevered through multiple failed ventures before achieving success with boAt. His romantic journey with Priya resembles a Bollywood plot, marked by a dramatic chase reminiscent of "Dilwale Dulhania Le Jayenge." Priya, a professional in venture philanthropy, played a significant role in Aman's success.

Audio wearable peers Noise and boAt clock flattish growth in FY24

YourStory

YourStory · 8m ago

Audio wearable peers Noise and boAt clock flattish growth in FY24

Audio wearables brands boAt and Noise reported modest growth in their revenue for FY24. Noise, backed by Bose, recorded an operating revenue of INR 1,430.8 crore, slightly higher than the previous year. boAt, led by Aman Gupta, generated INR 3,117.6 crore in revenue, which represented a 7.6% decline compared to the preceding year. Meanwhile, Noise incurred a loss of INR 20 crore, whereas boAt managed to reduce its losses from the previous year. boAt is currently preparing for an IPO, aiming for a valuation of $1.32 billion.

Aman Gupta urges Indian startups to focus on compliance

Inshorts · 3m ago

Aman Gupta urges Indian startups to focus on compliance

Co-founder of boAt, Aman Gupta responded to the BluSmart crisis, emphasizing the need for compliance, ethics, and transparency in startups. Highlighting the emotional and financial impact, he stressed that clean governance builds sustainable businesses. Gupta encouraged the Indian startup ecosystem to focus not just on rapid growth but also on responsible and ethical foundations.

Aman Gupta tears cheque after making an offer to pitchers; says 'Bhai tu mujhe maaf kar'

IndianStartupNews

IndianStartupNews · 1y ago

Aman Gupta tears cheque after making an offer to pitchers; says 'Bhai tu mujhe maaf kar'

In a surprising twist on Shark Tank India Season 3, Aman Gupta, co-founder of boAt and one of the "sharks," tore up his cheque and withdrew his offer after a negotiation with two brothers seeking investment for their vegetarian fast food chain, Zorko. The brothers had requested 100 advisory hours alongside the financial deal, which led to Gupta's frustration. Ritesh Agarwal also withdrew from the deal, citing the pitchers' indecisiveness.

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