BoAt, an India-based audio equipment manufacturer, has secured more than $100 million from a subsidiary of Warburg Pincus, a worldwide private equity firm. The five-year-old business has exploded in popularity due to its low-cost and high-quality headphones, earbuds, smartwatches, and speakers, among other things. The boAt headphones, which have become a frequent sight and the firm reportedly claimed was selling one every five minutes, have also been bringing in significant amounts of cash. boAt For the year 2020 Growth Revenue=₹5 billion 2X year-on-year