Paper Boat
Founded Year
2009Stage
Series D | DeadTotal Raised
$109.41MLast Raised
$50.1MRevenue
$0000About Paper Boat
Paper Boat offers a range of summer drinks. It provides nonalcoholic drinks and offers flavors such as thandai, serbet, and more. The firm was founded in 2009 and is based in Bengaluru, India.
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Expert Collections containing Paper Boat
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Paper Boat is included in 1 Expert Collection, including Food & Beverage .
Food & Beverage
3,503 items
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Latest Paper Boat News
Aug 26, 2022
Hector Beverages, the parent company of popular beverage brand Paper Boat, raised $50.1 million from Lathe Investment Pte Ltd, which is wholly owned by Singapore-based sovereign fund GIC. Hector Beverages operates the F&B brand Paper Boat, which sells fruit-based drinks in Indian flavours such as aam panna (raw mango) and jaljeera (spicy, tangy lemonade). It also sells dry fruits and healthy snacks such as chikki and aam papad. GIC will own a 25% stake in Gurugram-based Hector Beverages as a result of the investment. Paper Boat is currently present in metro cities as well as Tier 2 and 3 cities in India. The country's F&B industry has been rapidly expanding and is expected to reach a market value of $156.25 billion by 2026.
Paper Boat Frequently Asked Questions (FAQ)
When was Paper Boat founded?
Paper Boat was founded in 2009.
Where is Paper Boat's headquarters?
Paper Boat's headquarters is located at 330, Finchley Castle, Outer Circle, Bengaluru.
What is Paper Boat's latest funding round?
Paper Boat's latest funding round is Series D.
How much did Paper Boat raise?
Paper Boat raised a total of $109.41M.
Who are the investors of Paper Boat?
Investors of Paper Boat include A91 Partners, Sofina, Lathe Investment, Catamaran Ventures, Peak XV Partners and 6 more.
Who are Paper Boat's competitors?
Competitors of Paper Boat include RAW Pressery.
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Compare Paper Boat to Competitors
RAW Pressery produces beverages. The company offers juices, smoothies, protein milkshakes, and lactose-free beverages. It was founded in 2013 and is based in Mumbai, India. In January 2021, RAW Pressery was acquired by Wingreens Farms.
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