Boat PPT

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 21

Presented by:

THE START UP STORY


• APPLE CHARGER CABLES WITH ANTI
DESTRUCTION PROPERTIES

• AUDIO FOCUSSED ELECTRONIC GADGETS LIKE


HEADPHONES, EAR PHONES, SMART
WATCHES ETC.

• LIFESTYLE BRAND BRINGING FASHIONABLE


AUDIO PRODUCTS AND ACCESSORIES TO THE
MILLENNIALS.

• INITIAL CAPITAL OF INR 30 LACS, INVESTED BY


THE FOUNDERS.
MARKET SIZE
• GLOBAL OUTBOARD BOAT MARKET IS EXPECTED TO
GROW FROM $5.29 BILLION IN 2022 TO $5.80 BILLION
IN 2023 AT A COMPOUND ANNUAL GROWTH RATE-
9.8%.
COMPANY DETAILS
Start up Name boAt Lifestyle

Headquarters New Delhi, India

Sector Consumer Electronics

Founders Sameer Mehta, Aman Gupta

Founded 2016

Total Funding Raised $177 million (October 2022)


$362.6 million (INR 3,000 crore,
Revenue
FY22)
$266.8 million (INR 2,200 crore,
Valuation
April 2021)
Website boat-lifestyle.com
TEAM : boAt
• AMAN GUPTA SAMEER MEHTA
• B.Com • St. Xaviers
• B.com
• CA • Exe Dir Kores
• MBA in Mktg (India) Ltd
& Gen Mgmt. • Co-Founder
• MBA in Fin & Imagine Mktg
Strategy Pvt Ltd
• Asst. Mgr
Citibank
• CEO Telemedia
Pvt Ltd
MARKETING STRATEGY

• INFLUENCER MKTG

• DIGITAL MKTG

• PERSONALISED MKTG
BALANCE SHEET
FUNDING ROUNDS
FUNDING ROUNDS 1 & 2
FUNDING ROUNDS 3 & 4
FUNDING ROUND 5
SHARE HOLDING PATTERN
MAJOR COMPETITORS AND THEIR CURRENT VALUATIONS
Challenges BoAt Is Facing

• Imported Products
• Most of the BoAt products are made in China with third-party manufacturers & in 2020, due
to the India-China dispute & covid-19, the companies are facing many issues in importing
the products from China. So to solve this issue, under the PLI scheme, they have set up a
50:50 joint venture with Dixon technologies to manufacture some boAt products in India.
• But even this will not resolve the issue in the short term as it is costly to manufacture in
India & even by 2024, around 50% of the BoAt products will be made in China.
• Cut-throat Competition & No After-Warranty Service
• There is too much in this space as new-age startups exist, and even traditional companies are
stepping up in this category. The competitors of BoAt are Mivi, Skullcandy, Noise, pTron,
Xiaomi, Samsung, etc. Also, if a product has issues after the warranty period expires, even if
a customer is ready to pay the extra money, boAt currently does not offer after-warranty
service.
boAt
Traction 4

Potential Market 4

Pedigree of the Team / Relevant work experience 4

Scalability 4

Execution 3
Why Invest In boat ?
THANK YOU

You might also like