The Paper Boat story
Paper Boat was founded in 2013 by Neeraj Kakkar, James Nuttall, Suhas Misra, Neeraj Biyani and is owned today by Hector Beverages Pvt Ltd. It is one of 17 Food & Beverage brands in this year's ranking, where it places #3.
Why people trust Paper Boat
Nostalgic, natural drinks with no artificial preservatives build emotional trust.
The watch-out
It faces aggressive competition from big FMCG firms.
Why Paper Boat ranks #11
Brand Positioning, scored 86 out of 100.
Consumer Trust & Sentiment, scored 82 out of 100.
The WCRC D2C Trust Score gives 80% of the weight to Consumer Trust, Brand Recall, Positioning and Brand Love. Paper Boat scores 82.22 overall.
Pillar profile
Versus its nearest rivals
Questions people ask
What rank is Paper Boat in WCRC's India's Most Trusted D2C Brands 2026?
Paper Boat ranks #11 of 100 in WCRC's India's Most Trusted D2C Brands 2026, with a WCRC D2C Trust Score of 82.22 out of 100.
Why is Paper Boat trusted?
Nostalgic, natural drinks with no artificial preservatives build emotional trust.
What is Paper Boat's revenue?
₹760 Cr revenue (FY26), Hector Beverages, as per the company's filed accounts or published results.
Who owns Paper Boat?
Paper Boat is owned by Hector Beverages Pvt Ltd. It was founded in 2013 and is based in Bengaluru.
What is Paper Boat's biggest challenge?
It faces aggressive competition from big FMCG firms.
Key facts
| Brand | Paper Boat |
|---|---|
| Company / owner | Hector Beverages Pvt Ltd |
| Headquarters | Bengaluru, India |
| Founded | 2013 |
| Founder(s) | Neeraj Kakkar, James Nuttall, Suhas Misra, Neeraj Biyani |
| Latest revenue | ₹760 Cr revenue (FY26), Hector Beverages, as per company filings |
| Sector | Food & Beverage |
| Country of origin | India |
Sources
- Annual report of the parent company, Hector Beverages Pvt Ltd, and financial statements filed with the Registrar of Companies, Ministry of Corporate Affairs
- Company website, official announcements and press releases
- Published interviews and statements by the founders and leadership
- WCRC Business Intelligence Unit research: consumer ratings and reviews, complaint records, search demand and social data