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Azhar Iqubal- Networth, Age, Career, Awards, Interesting Facts

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Profile Summary

Azhar Iqubal

Details

Profession

Entrepreneur 

Celebrity Type

Businessman 

Age

31 years as of 2024

Date Of Birth

1993

Zodiac Sign

Leo

Birthplace

Kishanganj, Bihar, India

Height

5’10’ Feet

Notable Work

Inshort 

Net Worth

500 crores 

Instagram 

@azhar.iqubal

Twitter 

@azhar_iqubal

 

Table Of Content

Networth 

Azhar Iqubal has an estimated net worth of Rs. 500 crores.

Career

Azhar started a Facebook page called News in Shorts with two friends while they were in college. Their names are Deepit Purkayastha and Anunya Pandey. He said he started posting news on Facebook because many of his friends didn't know what was going on in the world and in their own country. One more reason he gave was that standard news websites and apps put out stories that needed to be shorter and took less time.

When Azhar Iqubal turned 30, he quit IIT Delhi to focus on building a business. The three of them released the free mobile app News In Shorts on September 4, 2013. It gave people news about hot topics in just sixty words, which could be read in less than thirty seconds. The app was made available to people who use Android. As the business grew, he hired a group of professional writers. He also started making money from his app by adding ads to it. During an interview, Azhar said that he never worked in shifts and that he worked more than 12 hours a day. In 2014, Azhar and two friends were able to get good business money in New Delhi during the C round. The app's name was changed to Inshorts in 2015, and it got more than 25 crore in funding. Around the same time, the app came out for iOS users.

At first, 80 to 100 news stories were released every day, but now that number has jumped to over 500. Azhar released the Hindi version of Inshorts in April 2016 so that more people in tier-two towns could use the app. On January 10, 2020, he was made to be the director of Inshorts India Advertising And Services Private Limited. In 2021, Inshorts was able to get $60 million in funding. The company got more than $119 million from 8 investors in 6 rounds until October 2023. The app has been downloaded over 10 million times as of 2023, making it one of the most popular and downloaded apps in India. In October 2023, the value of ITs was Rs. 3,700 crore.

He became the director of Locvid Services Private Limited on November 16, 2019. The company did accounting, bookkeeping, auditing, tax consulting, market research and public opinion polls, and business and management consulting. With Deepit and Anunay, Azhar started a social media app called Public the same year. Indian groups are meant to be able to connect with each other through this app.

The website got an investment of Rs. 300 crores in 2021. The app had more than 100 million downloads in October 2023, making it India's biggest location-based social network site. 

Interesting Facts

Education 

He was pursuing Btech at the Indian Institute of Technology, Delhi. But he dropped out of IIT Delhi after 2012 and started his own business.

Biography 

Many people know Azhar Iqubal as the co-founder and CEO of Inshorts, India's most popular news-gathering app. He is a young and active businessman. Iqubal was born and raised in Bihar, India. He started his path to becoming an entrepreneur when he quit the famous Indian Institute of Technology (IIT) Delhi to focus on his dream of starting a tech company.

Iqubal co-founded Inshorts in 2013 with two other people from his IIT Delhi class, Anunay Arunav and Deepit Purkayastha. The site was first called "News In Shorts." The three people wanted to change the way people read news, so they made an app for busy people on the go that gives them tailored news stories in 60 words or less.

Inshorts quickly became popular and had millions of users. Investors like Tiger Global and Accel Partners gave the company venture capital money. As of now, Inshorts has become a well-known site for collecting and organising news and material, living up to its slogan, "Stay Informed in 60 Words."

Because of Azhar Iqubal's active leadership and focus on new ideas, Inshorts has not only gained more users, but it has also started offering custom content by working with different companies to make and send personalised content to a wide range of customers. Young people who are interested in starting their own businesses can learn from Iqubal's journey and successes. He shows how important it is to be creative and persistent when things get hard.

Family 

He was born in Kishanganj, Bihar, India. He is from a Muslim family. There is no information available about his parents or siblings. 

Wife 

There is no information about Azhar Iqubal's marital status and he doesn't have a girlfriend also. 

Awards 

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