Boat founder Aman Gupta on Tuesday, 3 March, introduced the launch of his new enterprise, Offbeat Studios, after stepping down from an operational function on the electronics firm.
In a publish on the social media platform X, Gupta wrote, “With each birthday, some get older, I develop bolder. I’m nonetheless hungry, nonetheless impatient and nonetheless pushed. Aman 2.0 begins quickly. Introducing my new enterprise.”
Gupta shared the brand new enterprise’s X deal with on his publish; nevertheless, he didn’t present any extra particulars about OffBeat Studios. He has not revealed the most recent firm’s enterprise mannequin, funding plans, group memebers, or timeline of its launch.
Aman Gupta’s funding idealogy
In an earlier publish, the entrepreneur and angel investor highlighted that his funding philosophy is to put money into an organization’s founder and their qualities, moderately than concentrate on funding formulation.
“I’ve by no means been an Excel sheet investor. I put money into founders, not formulation,” stated Gupta.
Highlighting his funding in Let’s Strive, the Shark Tank choose stated that his ROI from the corporate has probably been probably the most profitable in Shark Tank India’s historical past. Aman Gupta credited this achievement to qualities reminiscent of supporting ardour, enthusiasm, and starvation.
Change in administration at Boat
In September of final 12 months, Think about Advertising Restricted (IML), the father or mother firm of the audio and wearable model Boat, introduced Gaurav Nayyar’s appointment as its new CEO. He succeeds co-founder Sameer Mehta, who’s transitioned to the function of Government Director. Co-founder Aman Gupta will stay as a Non-Government Director, PTI reported.
Boat IPO plans
Mint earlier reported that Think about Advertising opted for the confidential submitting path to submit its draft IPO doc earlier in 2025. Experiences point out the agency is concentrating on a valuation of roughly $1.5 billion (nearly ₹13,000 crore).
Based in 2016, Boat has change into one in every of India’s main client electronics manufacturers, particularly in audio wearables, smartwatches, and private equipment.
Until September 2025, the corporate has raised greater than $170 million, together with a $60 million spherical in 2023 led by Warburg Pincus and Malabar Investments, the report stated. Warburg Pincus stays its largest exterior shareholder, with Hearth Ventures and Qualcomm additionally holding important stakes. In FY24, boAt generated ₹3,122 crore in income, whereas the corporate ₹3,098 crore in FY25.