boAt Raises $60 Million To Grow Its Smartwatch Sector And Cancels Its IPO.

boAt raises $60 million to grow its smartwatch sector and cancels its IPO. Electronic goods firm boAt Lifestyle reported a $60 million (Rs 500 crore) funding round led by an angel investor, an associate of Warburg Pincus, with big investor Malabar Investment. The cash would be utilized to develop the company‘s smartwatch category and to … Read more