Azhar Iqubal co-founder and CEO or we can say Ex-CEO, recently he became the chairman of the company Inshorts and a judge on Shark Tank India Season 3. His journey is inspiring and full of interesting facts that many might not know.
Azhar Iqubal was born on October 7, 1993, in kishanganj, Bihar, India. As of 2024, he is 31 and resides in Delhi, India. Azhar Iqubal’s educational journey began in Bihar, where he completed his schooling. He later joined the prestigious Indian Institute of Technology (IIT) Delhi, studying Mathematics and Computer Science from 2009 to 2012. However, he eventually dropped out to pursue his entrepreneurial ambitions.
Three IIT dropouts transformed a simple Facebook page into a company worth Rs 4,500 crores. It all started in 2013 when Azhar Iqubal, Anunay Arunav from IIT Delhi, and Deepit Purkayastha from IIT Kharagpur founded Inshorts, then News in Shorts.
Deepit Purkayastha(CEO), Anunay Pandey (Director) and Azhar Iqubal IIT droppers, now they are the co-founders of Inshorts.
Success Story Of Azhar Iqubal business, Company Inshorts
The trio created a minimum viable product (MVP) as a Facebook page called News In Short in 2013. In an interview, Azhar shared that the motivation behind this venture was the observation that people were increasingly moving away from reading lengthy news articles due to time constraints. They aimed to provide concise news summaries within a 60-word limit.
News In Short quickly gained popularity, becoming the highest-rated and number one Facebook page in India, with over millions of active users. It was an English news app that provided top and trending news in a minute. Azar’s strategy of encouraging friends and family to share the page resulted in rapid user growth.
On September 4, 2013, Azhar launched news in short, a mobile app that achieved significant success. As the company grew, he hired skilled workers and began monetizing the app with ads. In 2014,
In 2015, Inshorts raised Rs 25 crore in a Series A round from Tiger Global Management and Rebright Partners, four months later, it raised Rs 127 crore in a Series B round led by Tiger Global.
Inshorts received a significant investment from New Delhi during its Series C funding round and group of angel investors, including the founders of Flipkart. By 2015, the program was renamed Inshorts and earned more than 25 Cr.The company Inshorts also acquired data analytics startup Retention.ai, which helped developers analyze user behavior.
Initially, Inshorts published 80 to 100 daily news articles, but this number gradually increased to over 500. In April 2016, Azhar launched Inshorts in Hindi to expand its reach in Tier 2 cities.In 2021, they launched the Public App, which also received significant investment, around 300 crore. By October 2023, the Public App became the most downloaded social media platform.
Azhar Iqubal’s Personal Life
Nowadays so many people are curious about the marital status of Azhar Iqubal, In an interview Anupam Mittal founder of Shaddi.com and a judge of Shark Tank India said “Aj kaal to bohot love letters aa rahen bhai sahab ko”. Azhar Iqubal hometown is kishanganj, Bihar and he was born in October 7, 1993 so his age is 31 years old, and is currently unmarried.
Azhar Iqubal app name
He is the Chairman and CEO of two companies Inshorts and Public app known for its short news summaries.
Azhar Iqubal equity in inshorts
According to The Kredible, Azhar and Purkayastha own a 2.02% stake each in InShorts while the third co-founder Anunay Pandey owns 1.8%.
Azhar Iqubal Instagram and linkedln profile links,
Azhar Iqubal Car Collection
The first in Azhar Iqubal’s car collection is the Porsche 718 Boxster, which is worth around 1.62 Cr. rupees. Azhar Iqubal’s car collection also includes the Jeep Wrangler Rubicon and Mini Cooper.
Azhar Iqubal house
Azhar has a luxurious house in Delhi. She shared some pictures of the house on social media. His loft has an elegant white and gold motif. His house was designed by Aashi Gupta a well known Interior Designer from Delhi. Some glimpse of it,
Azhar Iqubal videos on Shark Tank
Conclusion
Inshorts’ owners journey from a simple Facebook page to a billion-dollar company is a testament to the power of innovative thinking and perseverance. As they continue to grow and evolve, it will be interesting to see how they overcome their current challenges and what new heights they will reach in the future.
Frequently Asked Questions
Azhar Iqubal Net Worth 2024?
Azhar Iqubal has a net worth INR 500 Crore.
What is azhar iqubal jee advanced rank?
His rank is around 600 in the IIT JEE exam and pursuing an integrated M.Tech program at IIT Delhi
Where does Azhar Iqubal live?
He was born in kishanganj, Bihar, India and currently lives in New Delhi.
Azhar Iqubal Investment In Shark Tank?
Around 6.5 Cr have been invested in the companies which have ask on Shark Tank.
Who is CEO of Public App?
Public App was introduced for the local news coverage, Azhar Iqubal was the CEO of the company.
Azhar iqubal Background?
Azhar belongs to a middle-class family from Kishanganj, Bihar, India. His father is a bank official, and Azhar was an IIT dropout.
Who is Azhar on Shark Tank?
The Chairman of Inshorts, Azhar join Shark Tank India Season 3 as a judge.