Juggernaut straddles the world of books and digital devices with its smartphone publishing platform
Chiki Sarkar knows well that books are perhaps the last thing on people’s mind these days. More so at a time when a smartphone boom, fuelled by high-speed internet, has made it easy to access millions of videos at a click. “I don’t want to be a number one. I want to be around because there is always a need for books and storytelling,” says Sarkar, publisher of Juggernaut Books, India’s first smartphone publisher.
The company was founded in 2015 by Sarkar and Durga Raghunath, a former CEO of Network 18 Digital. The latter stepped down as Juggernaut’s CEO last February. Much of the funding came from investors, including Infosys co-founder Nandan Nilekani, Fabindia promoter William Bissell, and Boston Consulting Group’s India Managing Director Neeraj Aggarwal, who put in over $2.2 million while the founders too invested small amounts.
Denne historien er fra March 16, 2018-utgaven av Forbes India.
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Denne historien er fra March 16, 2018-utgaven av Forbes India.
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