ReferIndia News Wearables slowdown puts Boat in choppy waters ahead of IPO

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Wearables slowdown puts Boat in choppy waters ahead of IPO

Published on: Oct. 12, 2025, 8:02 p.m. | Source: The Financial Express

Homegrown D2C startup Boat (Imagine Marketing) saw its revenue decline for the second straight year in FY25, complicating its delayed IPO plans, despite achieving profitability amidst a plateauing wearables market.

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