Indian beverage brand Paper Boat have announced they are ploughing in $2 million into a new research and development centre.
The new R&D facility, situated in Bengaluru, India will enable Piper Boat, which is part of Sequoia-backed Hector Beverages, to carry out its own research in food science and technology with the aim for the facility to become fully operational in next few months.
Hector Beverages chief executive officer Neeraj Kakkar said: “We want to do our own research on the science of food. We are moving from just recipes and chefs to food scientists, who can research on things like what effect chlorophyll has on oxidation.”
At present, Paper Boat offers 10 drinks and sells them through 100,000 retail points. It aims to double those points within a year with the R&D team aiming to develop 35-40 new products.
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