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Aman Gupta leaves Boat's operations to launch Offbeat Studios, as Boat delays its IPO amid audit issues.
Aman Gupta, former co-founder of consumer electronics brand Boat, has launched Offbeat Studios, marking his exit from an operational role at the company.
The announcement, made on March 3, 2026, revealed no details about the new venture’s business model, funding, or timeline.
Gupta, who remains a non-executive director at Boat, previously stepped down as executive director in September 2025, following leadership changes that saw Gaurav Nayyar become CEO and Sameer Mehta assume an executive director role.
Boat’s planned IPO, targeting a $1.5 billion valuation and Rs 1,500 crore in funding, remains delayed due to audit concerns over financial discrepancies.
Despite a net profit of over Rs 60 crore in FY24–25, revenue dipped slightly to Rs 3,098 crore.
The company, backed by Warburg Pincus and Qualcomm, is reassessing its public listing strategy.
Aman Gupta abandona las operaciones de Boat para lanzar Offbeat Studios, ya que Boat retrasa su IPO en medio de problemas de auditoría.