Who: Chiki Sarkar
What: Launched publishing company Juggernaut
When: 23 September 2015
The former publisher of Penguin India and editor-in-chief of Random House India, Chiki Sarkar, on 23 September 2015 launched her own publishing company, Juggernaut.
Sarkar has founded the company in collaboration with ex-CEO of Web18, Durga Raghunath. At presnt, Raghunath is the CEO and co-founder of news portal, Firstpost.
Newly formed publishing firm Juggernaut will publish 50 titles each year starting from April 2016. They will be distributed and stocked by Hachette India.
The emphasis of the company will be on digital publishing, and it will soon roll out its digital program.
Juggernaut’s investors are William Bissell, MD of Fabindia, Nandan Nilkeni, former CEO and co-founder of Infosys, and Neeraj Aggarwal, CEO of Boston Consulting Group in India.