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boAt (Imagine Marketing Ltd., Consumer Electronics MNC)

The company elevated COO Gaurav Nayyar to CEO, effective immediately. Outgoing CEO Sameer Mehta transitioned to Executive Director, while cofounder Aman Gupta remains Non-Executive Director. This internal promotion supports boAt’s IPO preparations (SEBI approval A

By Whispers in the Corridors 1 min read

The company elevated COO Gaurav Nayyar to CEO, effective immediately. Outgoing CEO Sameer Mehta transitioned to Executive Director, while cofounder Aman Gupta remains Non-Executive Director. This internal promotion supports boAt’s IPO preparations (SEBI approval August 1, 2025), aiming for a Q1 2026 listing at ~₹2,000 Cr valuation. The move whispers a shift toward aggressive e-commerce expansion amid quick-commerce competition.

 

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