Inshorts Success Story: At present, our country India is progressing very fast in the world of Startups, this is the reason that today more than 100 Unicorn Startups have been formed in our country, that is, there are more than 100 such Startups in our country whose value is more than Rs 100 crore.
Today we have brought for you the story of a person from the world of Startups who has dropped out from IIT College and has created a company worth crores with just the help of Facebook Page. Here we are Talking regarding Azhar Iqubal, the founder of Inshorts company.
Azhar initiated the creation of Inshorts company leveraging a Facebook Page, which has now surged in value to over Rs 3700 crore. In this article, we delve into the success story of Inshorts, exploring how Azhar engineered the growth of this formidable enterprise with the aid of Facebook.
This is How Inshorts Success Story Started
In 2013, three friends, Azhar Iqubal, Deepit Purkayastha, and Anunay Arunav, who were studying at IIT College, initiated the Inshorts company. It all began with a Facebook page which garnered positive feedback. Consequently, they developed the Inshorts application to provide their service more conveniently to users.
The inception of Inshorts traces back to the early 2010s when the trio embarked on their journey. With the burgeoning adoption of the internet across the nation, individuals began turning to online platforms for global news consumption. However, the extensive length of articles proved cumbersome for many, requiring considerable time to sift through.
In a bid to tackle this issue, Azhar Iqubal embarked on the creation of the Inshorts platform alongside his companions. Through the Inshorts application, users gain access to concise news summaries spanning the globe, each encapsulated within a mere 60 words, facilitating swift consumption of information.
So Many People Use Inshorts
In today’s time, Inshorts has become a company in the media industry, whose name is knowning by everyone. There have been a total of more than 10 million downloads on their application already. According to reports, the number of people using Inshorts Platform (Website + Application) is more than 50 million who are active on Inshorts.
Inshorts has solved a big problem of the people of today’s generation by giving big news in just 60 words in today’s time of reels and shorts.
Today it has Become a Company Worth Rs 3700 crores
Due to the hard work of the three founders of the company, Azhar Iqubal, Deepit Purkayastha, and Anunay Arunav, the valuation of the Inshorts company now exceeds Rs 3700 crore.
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For your information, let us also tell you that after seeing the work of Inshorts company and its future plans, Startup investors gave it its first funding in the year 2013, and So far, this corporation has garnered a total of $119 million in funding across 6 rounds. As a result, the current valuation of this company has exceeded Rs 3700 crores.
Inshorts Success Story Overview
| Article Title | Inshorts Success Story |
| Startup Name | Inshorts Medialab Private Limited |
| Founder | Deepit Purkayastha, Azhar Iqubal And Anunay Arunav |
| Homeplace | Uttar Pradesh, India |
| Inshorts Revenue (FY 2022) | $18.9 Million |
| Official Website | https://inshorts.com/ |
We trust that this piece has provided insights into the success journey of Inshorts. Feel free to pass it along to your friends, Enabling them to discover the remarkable tale of Inshorts’ triumph. To read similar stories of Startups and Businesses, Please visit the Business Page of our Website.
Conclusion
India’s startup landscape is thriving, evident in the rise of over 100 unicorn startups, including Inshorts. Founded by Azhar Iqubal, Deepit Purkayastha, and Anunay Arunav, Inshorts revolutionized news consumption, amassing over 50 million active users and a valuation exceeding Rs 3700 crore through innovative solutions and Strategic Funding.
FAQs For Inshorts Success Story
What is Inshorts, and how did it start?
Inshorts is a media company that provides concise news summaries, typically within 60 words. It was founded in 2013 by Azhar Iqubal, Deepit Purkayastha, and Anunay Arunav, who were studying at IIT College at the time. The idea originated from a Facebook page they created, which received positive feedback, prompting them to develop the Inshorts application for easier access to their service.
What is the current valuation of Inshorts?
As of now, the valuation of Inshorts exceeds Rs 3700 crore (approximately $500 million USD). This substantial valuation reflects the company’s growth and success since its inception.
What is the revenue of Inshorts?
As of the fiscal year 2022, Inshorts reported revenue of $18.9 million, showcasing its financial viability and success in the media industry.
Where can I find more information about Inshorts?
For further details about Inshorts, including its success journey and similar startup stories, you can visit their official website at https://inshorts.com/.
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