India Digest: Paper Boat raises funding; Paytm founder floats new entities for personal investments

India Digest: Paper Boat raises funding; Paytm founder floats new entities for personal investments

Photo: Paper Boat

Beverage and snack brand Paper Boat has garnered as much as Rs 28 crore (around $3.73 million) from Sofina Ventures, A91 Emerging Fund I, SCI Growth Investment II and Catamaran Ventures. In a separate development, Paytm founder Vijay Shekhar Sharma and his wife Mridula Parashar have incorporated two new entities – VSS Investco and VSS Holdings – to ramp up their personal investments.