MAM
Boult tunes into success with record growth in India’s wearables market
MUMBAI: Boult is turning up the volume in India’s wearables market, emerging as the fastest-growing brand in the True Wireless Stereo (TWS) segment. According to the latest International Data Corporation (IDC) report, Boult recorded an impressive 52 per cent growth in shipments, even as the overall wearables market faced an 11.3% year-on-year (YoY) decline. The brand’s market share rose from 9.7 per cent in 2023 to 12.9 per cent in 2024, solidifying its position as India’s leading homegrown TWS brand.
Despite a tough landscape where smartwatch shipments plunged by 34.4 per cent and earwear grew only 3.8 per cent YoY, Boult defied the trend with double-digit growth. The brand’s total market share increased from 6.9 per cent (CY23) to 8.6 per cent (CY24), while its TWS market share jumped from 10.7 per cent to 13.0 per cent, reflecting a 32.8 per cent YoY growth.
Boult founder Varun Gupta remarked, “Our success in the TWS and wearables segment is a result of our unwavering focus on innovation, design, and quality. We are committed to offering top-tier technology at accessible price points while continuing to strengthen our presence in India’s manufacturing ecosystem.”
Boult’s financial performance also hit high notes, with Rs 600 crore in revenue for 2024-25 and projections to surpass Rs 800 crore in the current fiscal year. Its Gross Merchandise Value (GMV) has crossed Rs 1,000 crore, reinforcing its strong consumer demand and market influence. Strengthening its premium positioning, the Boult x Mustang collaboration has fuelled a 10 per cent market share rise in the Rs 1,500 – Rs 2,000 TWS segment.
MAM
Ad:tech honours 2026: Full list of winners announced
Expanded awards spotlight winners across 22 categories as industry doubles down on intelligent automation
NEW DELHI: Marketing’s tech elite took the spotlight as the ad:tech honours 2026 returned with a sharper focus on AI, data and immersive media, signalling how deeply technology now underpins brand strategy. Held at Yashobhoomi on March 17, the second edition drew industry leaders to celebrate innovation that is reshaping engagement and performance.
Presented with the International Advertising Association India chapter and new partner Huella, the awards expanded from 8 to 22 categories, tracking the rapid convergence of creativity, automation and analytics.
The winners’ list reads like a snapshot of marketing’s future. In affiliate and partner marketing, Lyxel & Flamingo – Boat and Paytm Ads – Giva took silver. Mobavenue Media Private Limited struck gold in AI-driven dynamic creative optimisation, alongside a silver for Laqshya Media Limited.
Creative AI collaboration saw Rediffusion Brand Solutions Private Limited win gold, with Saltinc Consulting Private Limited securing silver. Laqshya Media Limited continued its strong run, taking gold in AI conversation agents and adding multiple wins across categories, including silver in GenAI-led creative and both gold and silver in interactive DOOH campaigns for Tanishq and Tata Coffee.
Predictive AI honours went to Strong Metrics and Tyroo, both silver, while Orient Bell Limited picked up silver in immersive retail tech. In GenAI-led creative, Laqshya Media Limited, Salt – Kotak and Sumimoto each secured silver, reflecting the crowded race in generative creativity.
Publicis bagged silver in influencer management and gold in performance marketing, where it shared the stage with Arm Worldwide and The Trade Desk, both silver. Glad U Came Private Limited stood out with gold in influencer measurement and analytics.
Marketing automation saw CereOne Media Pvt. Ltd. and Globale Media win silver, while ADMOTT Private Limited claimed silver in OTT innovation.
Programmatic media categories highlighted the shift to advanced targeting and connected screens. Mobavenue Media Private Limited clinched gold in connected TV advertising, with Animmoov Digital Media Pvt Ltd – Asus and Lyxel and Flamingo taking silver. Cheggout Services Private Limited won silver in retail media advertising, while Paytm Ads – Versuni secured gold.
On social platforms, Vayner Media India took gold in community and UGC engagement, with Under 25 – Oppo winning silver. Segumento rounded off the list with silver in the innovation category.
Jaswant Singh, country managing director at ad:tech India, underscored the momentum, saying generative AI and data-driven decision-making are now central to marketing impact. Neena Dasgupta, IAA mancom member and chief executive and founder at The Salt Inc Consulting, added that the awards celebrate not just technology, but “the people, the creativity, and the relentless effort behind it.”
Backed by Comexposium Group, ad:tech New Delhi has long tracked digital disruption. Now, with the honours, it is rewarding those who are not just adapting to change but engineering it.
In an industry racing towards automation, the message from 2026 is unmistakable. The future of marketing will be written not just in ideas, but in algorithms.
