Inshorts

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Inshorts is a news aggregator and content distribution company based in India that publishes a software app that sends out news stories in 60-word bites. [1] [2]

The co-founders are Azhar Iqubal (Chairman), [3] Anunay Pandey (Director), and Deepit Purkayastha (CEO). [4]

Funding

Inshorts has raised a total funding of $119M over six venture capital rounds. [5] Its first funding round was on 5 September, 2013. Its latest funding round was a Series D round on Jul 15, 2021, for $60M. [6] One investor, Vy Capital, participated in its latest round. [7]

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Azhar Iqubal is an Indian entrepreneur and the co-founder & CEO of inShorts, a content distribution company. He founded the company along with Deepit Purkayastha and Anunay Arunav. He has also appeared on Shark Tank India since 2024. Iqubal's net worth is estimated to be around ₹500 crore as of March 2024.

References

  1. "IIT dropout, news app CEO: Who is Shark Tank judge Azhar Iqubal? - Shark Tank is back". The Economic Times . 2024-04-05. Retrieved 2024-03-24.
  2. "Nikhil Kamath, Azhar Iqubal, and 3 other Indian billionaires who thrived despite dropping out of school or college". The Financial Express . 2024-02-24. Retrieved 2024-03-24.
  3. "Azhar Iqubal". Fortune India . Retrieved 2024-03-24.
  4. Singh Thakur, Angad (2016-02-17). "30 Under 30: Azhar Iqubal, Deepit Purkayastha & Anunay Pandey - Delivering News In Shorts". Forbes India . Retrieved 2024-03-24.
  5. Upadhyay, Harsh; Manchanda, Kunal (2023-02-21). "InShorts posts $18.9 Mn revenue in FY22, advertising costs surge to $21.6 Mn". Entrackr. Retrieved 2024-03-24.
  6. Singh, Manish (2021-07-15). "India's Inshorts raises $60 million following Public social network app growth". TechCrunch . Retrieved 2024-03-24.
  7. "Inshorts raises $60 million from Vy Capital, existing investors". The Economic Times . 2021-07-15. ISSN   0013-0389 . Retrieved 2024-03-24.