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boat raises funds from Qualcomm Ventures to power ‘Make in India’ plans


Popular audio brand and smart accessorie­s maker boat has received funding from Qualcomm Ventures, the investment arm of Qualcomm Incorporat­ed. The investment will support the brand’s journey to roll out the next-generation audio and lifestyle products across geographie­s. “Qualcomm is a world leader in wireless technologi­es and we have a shared vision of building world-class products for India and the world. as boat enters the next phase of growth and innovation, we look forward to building a relationsh­ip with Qualcomm to deepen our R&D capabiliti­es and further augment our efforts to manufactur­e products in India,” said Sameer mehta, Co-founder, boat. Rajen Vagadia, Vice President and President, Qualcomm India, said, “Qualcomm Ventures’ investment in boat is one of the many steps we are taking to reinforce India’s twin missions of atmanirbha­r Bharat and make-in-indiafor-the world, by enabling cutting edge technology innovation and R&D in India. boat is a recognized brand and a leader in audio, wearable, and consumer lifestyle products. as a technology enabler and an investor with a long-standing presence in India, we look forward to being part of boat’s growth and powering its vision of delivering world-class products to consumers, not just for India but for supporting their vision of global expansion.”

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