Azhar Iqubal is an entrepreneur known for co-founding the Indian content discovery platform Inshorts. He is an IIT dropout who managed to build a business worth Rs 3,700 crore. Co-founder and CEO of Inshorts, Azhar Iqubal has revolutionized the news industry with one simple idea.
Azhar Iqubal is the new judge on Shark Tank India which started two seasons ago. For the unversed, Shark Tank has given a platform to young entrepreneurs who have smart business ideas.
How did Azhar start Inshorts?
In 2013, Azhar Iqubal, a first-generation businessman, began his career on a Facebook page – News in Shorts with his IIT classmates Anunay Arunav, and Deepit Purkayastha. He decided to keep the model simple and crisp – news summaries within the limit of 60 words. In no time this became a huge hit and then they launched the company and an app.
Company’s worth
With more than 10 million active users, the company is valued at a whopping Rs 3,700 crores.
Azhar Iqubal’s net worth
As per Business Patrika, Azhar Iqubal, 31, has an estimated net worth of Rs 500 crore.
According to reports, Inshorts raised more than USD 119 million (approximately INR 990 crore) through various funding. Huge firms such as Tiger Global, Vy Capital, Rebright Partners, and Times Internet are all investors in Inshorts.
Who are the judges this season?
Shark Tank veterans include Namita Thapar, Vineeta Singh, Peyush Bansal, Aman Gupta, and Anupam Mittal. The two new faces whom we will see this season are – Deepinder Goyal and Ritesh Agarwal.
