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At a time when startups selling chips or pet food have raised millions of dollars in funding, investors have shunned wearable tech companies. The fate of the sector hangs in the balance.


The screenless fitness band has turned into a Gulf-wide phenomenon—powered by regional capital, health culture and a tech-savvy consumer base.
The consumer electronics startup jumped through the ranks to become India’s top audio and smartwatch brand. Just as quickly, the IPO-bound company appears to be losing steam and its comeback looks uncertain.
The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.