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DPIIT Forms Strategic Partnership with boAt to Support Startups

Dec 28, 2024over 1 year ago

Contract Type

partnership

GurgaonInformation TechnologyAudioelectrical/electronic manufacturing

Description

The Department for Promotion of Industry and Internal Trade (DPIIT) has formed a strategic alliance with boAt to provide tailored support to startups recognized by DPIIT. This partnership aims to foster innovation, mentorship, and international expansion opportunities for startups in the D2C and manufacturing domains.

Company Information

Company

Boat

Location

Gurgaon, Haryana, India

About

boAt set its sail back in 2016. Both our founders, Aman Gupta and Sameer Mehta, realized the massive gaps in the audio and wearable market of India and hence founded boAt with the vision of making fashion meet the world of consumer electronics. Five years down the road, boAt has become a crucial part of cultural conversations for the younger generation, lifestyle influencers, audiophiles, and a lot of many segments. boAt has hence become an advocate of self-expression, adventurous experiences, and exploration all the way. Driven by a blazing passion for music and an instinct for innovation, boAt intends to deliver more than just a product to its community. Today, boAt is the world's 5th largest wearable brand along with India’s No.1 Earwear brand. This account is a sneak peek into the feisty world of boAt - its showrunners, hustle, culture and beyond.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.