Azhar Iqubal (Inshorts Co-owner) Wiki, Age, Wife, Family, Biography & More

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Azhar Iqubal is an Indian entrepreneur who is the co-founder and the Chief Executive Officer (CEO) of the news-providing application Inshorts. He hit the headlines in October 2023 after he was selected as a judge, commonly referred to as “Shark,” in the business reality television series Shark Tank India.

Contents

Wiki/Biography

Azhar Iqubal was born in 1993 (age 30 years; as of 2023) in Kishanganj, Bihar, India. After completing his schooling, he began preparing for the IIT JEE. He joined the Indian Institute of Technology Delhi (IIT Delhi) in 2009. There, he studied computer science engineering. However, he dropped out of IIT in 2012 to become an entrepreneur. ^[1]Azhar Iqubal – LinkedIn

Physical Appearance

Height (approx.): 5′ 10″

Hair Colour: Black

Eye Colour: Dark Brown

Family

Azhar Iqubal belongs to a Muslim family in Bihar.

Parents & Siblings

There is not much information about his parents and siblings.

Wife & Children

He is unmarried and has no kids.

Career

Climbing To Success

Starting With A Facebook Page

While studying in college, Azhar, along with two classmates, Deepit Purkayastha and Anunay Pandey, started a Facebook page named News In Shorts. According to him, he decided to start publishing news on Facebook because a lot of his classmates did not know what was happening in the country and the world. Another reason he cited was that traditional news websites and applications published articles that were too lengthy and time-consuming. He talked about it, in an interview, and said,

I started my entrepreneurial journey in 2013 along with my Indian Institute of Technology’s classmates Anunay Pandey and Deepit Purkayastha. We observed that Millennials were increasingly distancing themselves from the concept of reading news and the major hindrance was the long and bulky nature of the content and lack of reading time. Realising the issue, we decided to create a Facebook page called News in Shorts which focused on giving the readers quick summaries of news stories within the limit of 60 words. Today, Inshorts is India’s highest-rated and #1 English news app with more than 10 million active users.”

On the Facebook page, Azhar used to publish trending news in brief for people to read within a minute. After starting the Facebook page, he asked his friends and family members to share the page among their friend circles and soon the page gained many followers.

A photo of Azhar taken when he was in IIT Delhi

Attending TLabs

While studying at IIT Delhi, Azhar Iqubal, Deepit, and Anunay were shortlisted to attend several entrepreneurial seminars and events conducted by the Times Internet group’s TLabs. There, they interacted with many people and well-established entrepreneurs and managed to raise Rs. 10 Lakh against 10% equity for their business idea. In an interview, Azhar revealed that he got motivated to become an entrepreneur after he saw companies like Snapdeal and Flipkart expand their user base in India by raising funds. He also said that the economic policies implemented by the Government of India in 2009 created a favourable market for budding entrepreneurs.

A photo of Azhar with the other co-founders of Inshorts

Establishing As A Succesful Entrepreneur

Inshorts

In 2012, Azhar Iqubal decided to quit IIT Delhi to focus on developing a business. On 4 September 2013, the trio launched the mobile application News In Shorts through which news on trending topics was given to the users in just sixty words that took less than thirty seconds to read that too free of cost. The application was released for Android users. As the business expanded, he hired a team of professional writers. He also started monetising his application with the help of commercials. Azhar said, in an interview, that he never followed the traditional shift system of working and worked for more than 12 hours a day. In 2014, Azhar and his two friends managed to raise good investment funding in the C round funding in New Delhi. In 2015, the application’s name was changed to Inshorts and received investments of more than Rs. 25 crore. The application was launched for iOS users in the same year.

Initially, 80 to 100 news articles were published per day, but this number increased substantially to over 500. In April 2016, to increase the reach of the application in tier-two cities, Azhar launched the Hindi version of Inshorts. He was appointed as the director of Inshorts India Advertising And Services Private Limited on 10 January 2020. In 2021, Inshorts managed to bag investments worth $60 million. Till October 2023, Inshorts raised over $119 million over 6 rounds of funding from 8 investors. As of 2023, the application has more than 10 million downloads, making it one of the most downloaded and used applications in India. Its value stood at Rs. 3,700 crore (approximately) in October 2023.

Azhar’s photo taken in the office

Other Businesses

On 16 November 2019, he became the director of Locvid Services Private Limited, which provided services related to accounting, book-keeping, auditing activities, tax consultancy, market research and public opinion polling, and business and management consultancy. In the same year, Azhar, along with Deepit and Anunay, launched a social media application named Public. The application aims at connecting the local communities in India with one another.

A logo of the Public Application

In 2021, the platform received an investment of Rs. 300 crores. In October 2023, the application had more than 100 million downloads, making it India’s largest location-based social network platform.