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Paper Boat - Bangalore based Indian beverage startup

Write By: admin Published In: Retail News Created Date: 2016-12-13 Hits: 575 Comment: 0

Paper Boat - Indian beverage startup - packaging the traditional Indian drinks looking to scale up 

Hector beverages Pvt ltd - Co-founders Neeraj Kakkar (CEO) and Neeraj Biyani 

Head office - Finchley Castle in Whitefield, Bengaluru

Traditional drinks - aamras, jaljeera, jamun kala khatta, anar and aam panna

Investment Pattern

Initial 15 crore investment came from N R Narayana Murthy in the year of 2011, through Catamaran investment

$8 million investment from Sequoia capital in 2013

2015 $30 million investment from Sofina & Hillhouse capital

Revenue

In 2014 it earned a revenue of Rs.15.9 crores

In 2015 earned  a revenue of Rs.25 crore

In 2016 expected to earn a revenue of Rs.100 crore

Current employee strenghth - 900 people 

2 manufacturing facilities—one at Manesar near Gurgaon and the other at Mysuru near Bengaluru.

website - paper boat

buy paper boat online - amazon

source - live mint

 

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