Inshorts With over 100 unicorn companies, each valued at more than 100 crores, India is leading the world in the startup space. Let’s explore the amazing tale of someone who, after dropping out of IIT, used only a Facebook profile to launch a billion-dollar business. Azhar Iqubal, the creator of Inshorts, is the subject of our discussion.
With a Facebook page to help launch the business, Azhar founded Inshorts, which is now valued at more over 3700 crores. This article will examine the trajectory of Inshorts’ triumph and reveal how Azhar transformed a mere Facebook page into a billion-dollar enterprise.
The Beginning of Inshorts Success Story:
Three friends, Azhar Iqubal, Deepit Purkayastha, and Anunay Arunav, who were studying at IIT College, got together in 2013 to create a Facebook profile. They created the Inshorts application in response to the favorable feedback on the Facebook page, giving users a quick and easy method to receive news in only sixty words.
The Need for Inshorts:
2013 saw a sharp rise in the number of Americans using the internet to read news online. But the articles took a lot of time because they were frequently long. Azhar Iqubal and his friends created Inshorts, a place where all news stories are condensed into just 60 words for rapid and simple consumption, in order to address this problem.
Inshorts Usage Today:
The moniker Inshorts is now well-known in the media sector. Over 50 million people actively utilize the Inshorts platform (website + application), with over 10 million downloads of the application. By presenting significant news events in just sixty words, Inshorts has given the younger generation a solution in the Reels and Shorts period.
The Billion-Dollar Company Today:
Shorts, which is currently valued at over 3700 crores, is the result of the three founders’ tireless efforts: Azhar Iqubal, Deepit Purkayastha, and Anunay Arunav. In 2013, the first money for Inshorts was provided by investors who saw its potential. Subsequently, the company’s valuation has been reinforced with a total of 119 million dollars over six fundraising rounds.
Inshorts Success Story Overview
| Article Title | Inshorts Success Story |
| Startup Name | Inshorts Medialab Private Limited |
| Founder | Azhar Iqubal, Deepit Purkayastha And Anunay Arunav |
| Homeplace | Uttar Pradesh, India |
| Inshorts Revenue (FY 2022) | $18.9 Million |
| Official Website | https://inshorts.com/ |
| Website Link | Taaza News English |
We hope you have gained some understanding of Inshorts’ remarkable success story from this post. To spread the inspiration, show it to your friends. Visit our website’s business page to see more articles about new and growing companies.