Paper Boat bags INR 28 Cr from Sofina Ventures, A91 Emerging Fund
Image Credit: shortpedia
Gurugram-based beverage and snack brand Paper Boat has raised INR 28 Cr funding from Sofina Ventures, A91 Emerging Fund I, SCI Growth Investment II and Catamaran Ventures. Earlier, the company had raised INR 20 Cr in two different fundings from Advent Management and A91 Emerging Fund. Besides this, the company has also raised INR 10 Cr in debt from Trifecta. Paper Boat has been popular in both metros and in Tier 2, Tier 3 regions.