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AUDIO WEARABLES MARKET
Google Gemini smart glasses set for fall launch as Warby Parker and Gentle Monster challenge MetaGoogle is preparing to enter the smart glasses market this fall through partnerships with Warby Parker and Gentle Monster. Powered by Gemin...- Samsung’s AI development is becoming more feedback-led, with India playing a larger roleSamsung's India R&D teams are significantly contributing to Galaxy AI features and flagship devices like the S26 series, with user feedback...
- Mehul Telecom IPO opens for subscription. Check GMP, price band, and other detailsMehul Telecom's SME IPO is now open, seeking growth capital with a modest grey market premium suggesting a slight listing gain. The Rs 28 c...
- Audio player QCY forays into India, to set up manufacturing facility in HaryanaGlobal audio giant QCY is entering the Indian market, planning a manufacturing plant in Manesar, Haryana, with significant investment. Targ...
- QCY forays into Indian market, to set up manufacturing facility in ManesarQCY, a Bluetooth headphone maker, plans to start manufacturing in India. They aim for a significant market share by 2026. The company will ...
- boAt planning FY26 IPO to raise Rs 2,000 crore: ReportboAt IPO: boAt, a leading Indian wearable and audio brand, plans to launch its IPO in FY24, aiming to raise ₹2,000 crore at a valuation exc...
- Boat sets sail for $300-500 million IPO with bankers on boardThis comes as Boat’s revenue fell 5% in FY24 to Rs 3,285 crore, while it halved losses to Rs 70.8 crore. Sources said there’s a consolidati...
- Alarm bells at wearables companies as slump extends to this fiscalIndia’s wearables market has been on a downturn for over a year, affecting major brands like Boat and Boult. Boat reported a 5% revenue dro...
- Boat reports 5% revenue decline in FY24, net loss halvesThe wearable and audio products company’s audio business was flat in the second half of FY24, with a shift towards online sales. The headph...
- Global audio pioneers Bose takes minority stake in NoiseThe company did not disclose the investment figures or the percentage of stake acquired by Bose, citing a non-disclosure agreement. “They h...
- Latest Diwali Dhamaka: Top homegrown wearable brands seeing stellar growth this festive seasonLeader in the audio category, boAt has recorded high double-digit growth during the August to October period. Co-founder Sameer Mehta said ...
- Indian market growing at good pace; international blueprint by FY25: Boat cofounder Aman GuptaThe overseas plans are currently in the making, but for now, Boat is determined to cement its position in the smartwatches segment, its big...
- Indian mkt growing at good pace; overseas plans to be in place FY25 onwards: boAt's Aman GuptaThe audio and wearables market in India is growing at a good pace, driving incremental revenue and production ramp-up plans for boAt, and t...
- Growing wearables production in India bleeds China unitsTop wearables brands such as Boat and Gizmore are making most products locally in key categories audio and smartwatch through electronics c...
- BoAt expects around 25% revenue growth in FY24 vs $500 million in FY23The company assembled around 15 million products in India, which includes 70% of its audio products and around 98% of its smartwatches. Boa...
- IPO-bound boAt parent to scale up local manufacturing for global expansionIt expects to manufacture 60 lakh units (nearly double its present output) in H1 of FY23 under its make-in-India strategy and scale it furt...
- India wearables market grows 144% to 36.4 million units in 2020; 3rd largest globally: IDCOctober-December 2020 period was the biggest quarter for the wearables category in the country, maintaining triple-digit growth.
- India market for wearable devices more than doubles in Q2The growth was attributed to ear-worn wearables, which include wireless earphones that track health and fitness or enable smart assistants.
- Myntra unveils first smart wearable device Blink Go at Rs 4,199The device will help to set personal fitness goals that include activity tracking.
- Myntra builds a software platform for wearable devicesThe platform, called Myntra Wearable Platform, was developed by the company’s innovation labs unit and allows wearable devices to discover ...
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