- JD(U) under Nitish decides to become part of NDA, denies split in party
- Customs arrests Air India cabin crew for smuggling ganja
- Government, RBI in talks to shore up PSU bank capital
- Bihar flood toll mounts to 153, 17 districts affected
- IndiGo cancels 84 flights over engine issues
- Trai gets tough on call drops; slaps penalty of upto Rs 10 lakh
- Yogi Adityanath targets 'Yuvraj' Rahul Gandhi: 'Will not permit Gorakhpur to become picnic spot'
- Shivraj to lead BJP in 2018 election: Amit Shah
ET’s Manu Pubby joins Shekhar Gupta’s ‘The Print’ as deputy editor
MUMBAI: After lining up a group of investors including Ratan Tata, Uday Kotak and Nandan Nilekani, former Indian Express editor Shekhar Gupta is putting in place a team of senior journalists for his digital news platform ‘The Print’.
Manu Pubby, senior editor of the Economic Times, has joined as deputy editor of Gupta’s new venture.
Pubby is a senior journalist who writes on defence and security and has worked with the Indian Express and the India Today Group in the past.
The news website is expected to launch within two months. Several prominent journalists are expected to join ‘The Print’ over the next few weeks.
Printline Media, the company that will own and operate ‘The Print’, has raised an undisclosed amount to launch the venture.
Gupta will hold 80% stake in Printline Media; the rest will be held by other investors. The other investors include Biocon Ltd founder Kiran Mazumdar Shaw, Bangalore-based tech entrepreneur Rajiv C Mody and Paytm founder Vijay Shekhar Sharma. They will all invest in their personal capacity.
Printline, which has set up office in Delhi’s Express Building, will have a team of 50 people.
Gupta, who had been the editor-in-chief of The Indian Express Group for 15 years, quit the organisation in June 2014.
The digital news market in India has several independent players like Scroll, The News Minute, The Quint, Quartz, Newslaundry and The Wire. Print companies such as The Times of India, Hindustan Times and Indian Express have their own online news outlets.