boAt raises funding from Qualcomm Ventures

Indian brand boAt popular for its personal audio products today announced that it has raised funding from Qualcomm Ventures, the investment arm of Qualcomm Incorporated. The exact amount of investment has not been disclosed, but the reports say that it is about 50 crores ($6.7 million approx.). This comes after it raised approximately $100 million (over Rs. 731 crore) from an affiliate of Warburg Pincus earlier this year. Continue reading “boAt raises funding from Qualcomm Ventures”