Sameer Mehta co-founded Imagine Marketing with Aman Gupta in 2013. The company began by distributing Apple accessories and later launched the boAt brand.
Gupta handles marketing as CMO. Mehta looks after operations, sourcing and supply chain. In October 2025 he moved to Executive Director as Gaurav Nayyar became CEO.
boAt grew from Rs 225.8 crore in FY19 revenue to Rs 1,313.7 crore in FY21.
Revenue then fell two years running. The wearables segment shrank 40 percent to Rs 330.4 crore in FY25. SEBI approved its IPO in 2025.