Specialty retail firm Fabindia’s founder William Bissell, Infosys’ co-founder Nandan Nilekani and Boston Consulting Group India’s managing director Neeraj Aggarwal have invested an undisclosed amount in publishing startup Juggernaut.
Juggernaut that formally launched operations on Tuesday said it will give authors both a digital and a physical platform. The firm’s website says it is currently in beta stage of development and will pursue new ways of commissioning and rethinking the reading experience, book distribution and payments.
The venture was floated by Chiki Sarkar, former publisher of Penguin India and editor in chief of Random House India, along with Durga Raghunath, CEO and co-founder, who launched Firstpost and was previously CEO, Web18.
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