Paper Boat has become one of the most popular beverage brands in India. With colorful packaging and nostalgic commercials, Paper Boat has clearly captured the hearts of several Indians and has solidified itself as a notable competitor to global brands such as Coca-Cola and Pepsi in India. Neeraj Kakkar is the co-founder and CEO of Hector Beverages Pvt. Ltd., which is behind the manufacturing of Paper Boat drinks along with other interesting ventures such as Tzinga energy drinks and more. 

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Neeraj Kakkar along with James Nuttall, Suhas Misra, and Neeraj Biyani established Paper Boat in 2013. The company is headquartered in Bengaluru, Karnataka.

Early Education

Neeraj Kakker hails from a small town in Haryana. He completed his graduation after which he opted for Post Graduate Program in Management (PGDM) from Management Development Institute (MDI), Gurgaon. In 2008, he pursued a general management course, Master of Business Administration (MBA) from The Wharton School. 

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Early Careers 

Neeraj Kakkar has an impressive track record and history of working for companies such as Mckinsey and Helion Ventures, Union Carbide, and Wipro. He also worked as the general manager for Hindustan Coca-Cola Beverages Pvt. Ltd. from 2001 to 2008. His responsibility there was to ensure proper conduct and examine area operations. 

Starting His Own Company 

With enough experience from his previous jobs and his MBA from Wharton, Neeraj started his own company, named Hector Beverages, and its brand, Paper Boat, in 2013. As of now, Hector Beverages has two manufacturing plants in Mysuru and Manesar, Haryana. The company reportedly produces over 10 million beverage pouches per month. 

As per reports, the Paper Boat founders hold a 6.93% stake in the total value of the company, which is worth over Rs 112 crore, making Neeraj Kakkar's net worth around this estimate. 

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