
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.