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Consumer electronics startup boAt raises INR 25 Cr debt funding from InnoVen Capital

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Consumer electronics startup boAt, through its parent company, Imagine Marketing Pvt Ltd, has raised INR 25 Crore in debt from venture debt and specialty lending firm InnoVen Capital. Founded by Aman Gupta, a chartered accountant, and Sameer Mehta, a former executive director at Kores (India) Ltd in 2016, boAt has over the years expanded its product range and offers headphones, earphones, speakers, travel chargers & premium cables.