The anchor investors—the list also has Biocon Ltd founder Kiran Mazumdar Shaw, Bangalore-based tech-entrepreneur Rajiv C. Mody and Paytm founder Vijay Shekhar Sharma—will hold close to 20% equity in Printline Media. The remaining stake will be held by Printline founder Shekhar Gupta. “We have raised money from a diverse set of individuals. The venture is moving towards its logical conclusion. We will make a formal announcement very soon,” said Gupta, declining to share more details.