Publishing company Juggernaut Books which focuses on pushing content on mobile first has raised an undisclosed round of funding from FabIndia’s founder William Bissell, Infosys’ co-founder Nandan Nilekani and Neeraj Aggarwal, managing director of Boston Consulting Group India, reports Iamwire. The company was founded by Chiki Sarkar, former publisher at Penguin India and editor in chief of Random House, and Durga Raghunath (who functions as CEO), who launched Firstpost and was CEO Web18. Other core members of the platform include veterans from the publishing industry such Nandini Mehta, R. Sivapriya, Jaishree Ram Mohan and Gavin Morris. Mehta and Sivapriya will function as executive editors, Morris as art director and Ram Mohan as managing editor. The site is currently in beta phase and will provide writers a digital and physical platform for books. The company would publish books in every genre including literature, commercial, children’s, business and lifestyle. Though the business model of the platform is unclear, Iamwire reports that Juggernaut will explore new ways of commissioning books, rethink the reading experience on mobile devices, book distribution and payments. MediaNama tried reaching out to Raghunath several times to ask about the business model and we will update once we hear from her. The Hindu reports that the company will publish 50 titles each year, starting from April 2016. It will be distributed and warehoused by Hachette India. Other developments in publishing - Earlier in the day, it was reported that Raghav Bahl-owned Quintillion Media's publishing product Quintype raised $3.25 million from Bahl himself and other unnamed investors. Quintype is…
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