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)