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BoAt Launches India’s First Headphones With 3D... | Stockify
blog

Nirvana Eutopia: A Game-Changer in Audio Technology

boAt, India’s homegrown audio and wearable brand, has recently launched its first headphones ‘Nirvana Eutopia’ that incorporate head-tracking 3D au...

Piyush Jhunjhunwala
Piyush Jhunjhunwala
4 min read
Jun 3, 2024
Nirvana Eutopia: A Game-Changer in Audio Technology
Home›Blog›Nirvana Eutopia: A Game-Changer in Audio Technology

boAt, India’s homegrown audio and wearable brand, has recently launched its first headphones ‘Nirvana Eutopia’ that incorporate head-tracking 3D audio and spatial sound features. These newly unveiled headphones are claimed to redefine the audio experience by offering listeners a heightened sense of immersion and realism. It’s now available in retail at Rs. 3,999 in two variants: black and white.

What are head-tracking headphones?

The head-tracking headphones harness the technology of state-of-the-art 3D accelerometers and gyroscopes. This technology allows the headphones to dynamically adapt the audio depending on the user’s head movements. This headphone with 3D spatial audio creates an immersive experience by making sound sources come from different directions.This innovative approach has allowed the brand to create an immersive 3D sensation and sensation of direction that reacts to the head movements.

What are the salient features of boAt’s Nirvana Eutopia?

Another impressive feature of these headphones is the seamless connectivity and the extended battery life. The headphones are built with CEVA Bluetooth v 5.2 technology which ensures that the user experiences seamless audio with a faster pairing time. Moreover, the batter life can be extended for up to 20 hours which makes it a better option for interrupted listening. The headphones come with an ASAP charge and a type-C port. A quick 10-minute charging session that allows 90 minutes of listening time.

Does spatial audio sound better?

The spatial audio technology makes it possible to produce different sounds from different speakers at different points in time. What makes spatial audio is that it makes the environment and the listening experience much more realistic and immersive for listeners. The immersive spatial sound of Nirvana Eutopia is equipped with calibrated 40mm dynamic drives which offers the user an unparalleled spatial sound quality. This feature takes the experience of music listening, watching movies, and playing video games to another level.

Is the launch of Nirvana Eutopia a watershed moment for boAt?

The launch of Nirvana Eutopia by boAt highlights the company’s dedication to pioneering innovation and setting high standards in the audio industry. Serving as India’s inaugural headphones of this caliber, boAt has marked a momentous achievement in India’s technological advancements.

How are other headphones in the market with similar features?

boAt’s Nirvana Eutopia is launched at a very competitive price in the market below the Rs. 4000 tag. Under this price range, consumers have other options such as Boult Audio Anchor priced at Rs. 3999, JBL Tune 520BT at Rs. 3,934, CrossBeats Roar 2.0 at Rs. 3,599, and Sony CH400 at Rs. 3,990. Other top competitors are Noise, OnePlus, Ubon, Firebolt, and Xiaomi in the headphones, audio, and electronic wearable products segment. However, this specific launch by boAt beats the competitors in terms of price and features. This is because it is India’s first headphone to offer head tracking 3D spatial audio features with a 20-hour battery life at this price.

What do the financials of boAt indicate?

In FY2023, boAt recorded its highest-ever revenue of Rs. 3,377 Crore. This marked a 20-22% increase over the last year. This was also the year, the company reported a loss of Rs. 129.4 crore after being consistently profitable in the last eight years. The loss can be attributed to its increased customer acquisition costs. Last boat valuation was Rs. 2200 crore in April 2021 after raising Rs. 50 crores from Qualcomm Ventures. Founder Aman Gupta has stated that boAt is eyeing the fiscal year 2025-2026 for its IPO debut.

How does the future shape up for Boat?

Through its innovative product line, boAt has secured the position of market leader in India’s audio-wearable technology and electronics segment. It ranks second after Apple in the global wearable shipment market in the third quarter of 2023. The company’s performance in the unlisted market over the years has given lucrative returns for investors.

Currently, boat share price is Rs. 1455 in the unlisted market. Considering an investment in boAt’s unlisted shares will grant investors an advantageous early entry point. To facilitate boat share purchase, Stockify ensures smooth and trusted deliveries for such unlisted shares. Connect to know more.

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Piyush Jhunjhunwala

Piyush Jhunjhunwala

CA | CPA | Founder Stockify

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Disclaimer: Investment in unlisted shares carries a high level of risk. The logic for investment in unlisted shares is different from listed shares. Please consult your financial advisor before investing. Stockify is a platform to facilitate buying and selling of unlisted shares.

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