BAC Acquisitions commits Rs 20 Cr investment in boAt

Consumer electronics startup boAt has received a commitment of Rs 20 crore in venture debt from Sachin Bansal-steered BAC Acquisitions.

The Fireside Ventures-backed startup will use this capital for day-to-day business operations. Founded in 2016 by Aman Gupta and Sameer Mehta, boAt lists its products such as earphones, headphones, speakers, soundbars across e-commerce marketplaces and offline stores. (Source: PR)

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