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Ratan Tata Invests INR 3.49 Cr in Shekhar Gupta’s ThePrint

26Mar By Sheldan RungasamyNo Comments

FUNDING

Ratan Tata Invests INR 3.49 Cr in Shekhar Gupta’s ThePrint

Shekhar Gupta, the editor who turned entrepreneur, received an investment of INR 3.49 Cr for his digital media platform, The Print, from existing investors Ratan Naval Tata in what seems to be an extended seed round. The parent company, Printline Media Private Limited prearranged 343 Seed debentures each worth INR 102,000 on March 12, 2018. Since its foundation, the parent company raised funds worth INR 45 Cr over 2016-17 and Ratan Tata personally invested about INR 4.99 Cr, which includes the most recent one. The company founded by Shekhar Gupta has seen several investments from marquee venture capitalists such as N.R Narayana Murthy, Nandan Nilekani, Uday Kotak Family, Kiran Mazumdar Shaw (Biocon Ltd founder), Rajiv C. Mody (Bangalore-based tech-entrepreneur), Vijay Shekhar (fou...

Printline Media Concludes First Round Funding With Stellar List Of Investors

Printline Media Pvt Ltd., a venture founded by Shekhar Gupta, has recently announced the conclusion of its first round of funding with a stellar list of investors. N.R. Narayana Murthy, Ratan Tata, Nandan Nilekani, Uday Kotak Family, Kiran Mazumdar Shaw, Bangalore-based tech entrepreneur Rajiv C. Mody, Paytm founder Vijay Shekhar Sharma, Chairman, LVMH Asia Ravi Thakran, IIFL founders Nirmal Jain, R. Venkataraman, Karan Bhagat and Yatin Shah are eminent investors in the venture. Printline Media has also announced that it will publish ThePrint, a multi-media, mostly digital news platform. Widely respected and accomplished journalist Pranab Dhal Samanta being its Editor. This launch will open possibilities across platforms for serious, substantive and probing journalism, w...

Barkha Dutt and Shekhar Gupta Launched Their First Online Venture “The Print”

Shekhar Gupta and Barkha Dutt, two very renown Indian Journalist launched their first online venture The Print, a news media start up. The platform was formaly announced in a first event of The Print called "Off the cuff". However the website has not launched yet. We are waiting to see how the things will goes from here. Barkha @bdutt and I are thrilled to roll out the first small steps in the launch of ThePrint @theprintIndia which we are co-founding — Shekhar Gupta (@ShekharGupta) January 7, 2016 //platform.twitter.com/widgets.js Shekhar @ShekharGupta and I are thrilled to roll out the first small steps in the launch of ThePrint @theprintindia which we are co-founding— barkha dutt (@BDUTT) January 7, 2016 //platform.twitter.com/widgets.js Senior Journali...