Drsandeepjhaliver: added new post!

2025-09-20T10:25:30Z

added new post!

New page

{{Use dmy dates|date=May 2025}}{{Use Indian English|date=May 2025}}
{{Short description|News aggregator in India}}{{Infobox company
| name = Inshorts
| logo = Inshorts logo.png
| type = Private
| industry = [[Digital media]], [[News aggregator]]
| foundation = 2013
| founders = Azhar Iqubal, Anunay Arunav, Deepit Purkayastha
| location_city = [[Noida]], [[Uttar Pradesh]]
| location_country = India
| area_served = India (primarily), Global
| key_people = Deepit Purkayastha (CEO)
| products = Inshorts (app), Public App
| revenue = {{Increase}} {{INR}}181 crore (FY24)<ref name="econprofit">{{Cite news |last=Rajan |first=Jessica |date=2024-11-13 |title=InShorts posts flat revenue in FY24, net loss falls 26% to Rs 228 crore |url=https://economictimes.indiatimes.com/tech/startups/inshorts-posts-flat-revenue-in-fy24-net-loss-falls-26-to-rs-228-crore/articleshow/115246640.cms |access-date=2025-05-30 |work=The Economic Times}}</ref>
| operating_income =
| net_income = {{Decrease}} {{INR}}-228 crore (FY24)<ref name="econprofit"/>
| num_employees =
| website = {{URL|https://inshorts.com/}}
}}

'''Inshorts''' is a [[news aggregator]] and [[content distribution]] company based in [[India]]. It publishes a mobile app that sends out news stories in 60-word bites.<ref>{{Cite web |date=2024-04-05 |title=IIT dropout, news app CEO: Who is Shark Tank judge Azhar Iqubal? - Shark Tank is back |url=https://economictimes.indiatimes.com/news/company/corporate-trends/iit-dropout-news-app-ceo-who-is-shark-tank-judge-azhar-iqubal/who-is-azhar-iqubal/slideshow/107429116.cms |access-date=2024-03-24 |website=[[The Economic Times]]}}</ref><ref>{{Cite web |date=2024-02-24 |title=Nikhil Kamath, Azhar Iqubal, and 3 other Indian billionaires who thrived despite dropping out of school or college |url=https://www.financialexpress.com/lifestyle/nikhil-kamath-azhar-iqubal-and-3-other-indian-billionaires-who-thrived-despite-dropping-out-of-school-or-college/3403789/ |access-date=2024-03-24 |website=[[The Financial Express (India)|The Financial Express]] |language=en}}</ref> The app curates news from various domains covering news, information, updates, and noteworthy events around the world.<ref>{{Citation |last=Dahiya |first=Surbhi |title=Inshorts: A Success Story of Short-Form Journalism |date=2023-08-21 |work=Digital First: Entrepreneurial Journalism in India |url=https://academic.oup.com/book/46830/chapter-abstract/413489293 |access-date=2025-05-30 |publisher=Oxford University Press}}</ref> Inshorts also operates Public App, a hyperlocal news and video-sharing platform.

Inshorts is one of the most popular news aggregator apps in India<ref name=":1">{{Cite news |title=In India, news aggregator apps are struggling to find a path to sustainability |url=https://www.niemanlab.org/2020/01/in-india-news-aggregator-apps-are-struggling-to-find-a-path-to-sustainability/ |archive-url=https://web.archive.org/web/20250320160554/https://www.niemanlab.org/2020/01/in-india-news-aggregator-apps-are-struggling-to-find-a-path-to-sustainability/ |archive-date=20 March 2025 |access-date=2025-05-30 |work=Nieman Lab |url-status=live }}</ref> with more than 10 million app users.<ref name=":0" />

== History ==
Inshorts was founded in 2013 by Azhar Iqubal (Chairman),<ref>{{Cite web |title=Azhar Iqubal |url=https://www.fortuneindia.com/40under40/azhar-iqubal?year=2016 |access-date=2024-03-24 |website=[[Fortune India]] |language=en}}</ref> Anunay Pandey (Director), and Deepit Purkayastha (CEO).<ref>{{Cite web |last=Singh Thakur |first=Angad |date=2016-02-17 |title=30 Under 30: Azhar Iqubal, Deepit Purkayastha & Anunay Pandey - Delivering News In Shorts |url=https://www.forbesindia.com/article/30-under-30/30-under-30-azhar-iqubal-deepit-purkayastha-anunay-pandey-delivering-news-in-shorts/42287/1 |access-date=2024-03-24 |website=[[Forbes India]] |language=en}}</ref> Inshorts has raised a total funding of $119M over six [[venture capital]] rounds.<ref>{{Cite web |last=Upadhyay |first=Harsh |last2=Manchanda |first2=Kunal |date=2023-02-21 |title=InShorts posts $18.9 Mn revenue in FY22, advertising costs surge to $21.6 Mn |url=https://entrackr.com/2023/02/inshorts-posts-189-mn-revenue-in-fy22-advertising-costs-surge-to-216-mn/ |access-date=2024-03-24 |website=Entrackr |language=en-US}}</ref> Its first funding round was on 5 September 2013. Its latest funding round was a [[Series D]] round on 15 July 2021, for $60M.<ref>{{Cite web |last=Singh |first=vishjeet |date=2021-07-15 |title=India's Inshorts raises $60 million following Public social network app growth |url=https://techcrunch.com/2021/07/15/india-inshorts-raises-60-million-to-scale-public-social-network-app/ |access-date=2024-03-24 |website=[[TechCrunch]] |language=en-US}}</ref> One investor, Vy Capital, participated in its latest round.<ref name=":0">{{Cite news |date=2021-07-15 |title=Inshorts raises $60 million from Vy Capital, existing investors |url=https://economictimes.indiatimes.com/tech/funding/inshorts-raises-60-million-from-vy-capital-existing-investors/articleshow/84437931.cms?from=mdr |access-date=2024-03-24 |work=[[The Economic Times]] |issn=0013-0389}}</ref>

In October 2015, Inshorts acquired Betaglide, a Bangalore-based web analytics startup for tracking app retention.<ref name=":2">{{Cite news |last=Murali |first=Malavika |date=2015-10-15 |title=Inshorts acquires app startup BetaGlide |url=https://economictimes.indiatimes.com/small-biz/startups/inshorts-acquires-app-startup-betaglide/articleshow/49364912.cms |access-date=2025-05-30 |work=The Economic Times}}</ref> In 2020, Inshorts launched Public App, a hyperlocal news, social-network, and video platform focusing on location-based updates.<ref name=":2" />

As of FY24, Inshorts reported operating revenue of {{INR}}181 crore, with a net loss of {{INR}}228 crore, a 26% reduction in losses compared to the previous fiscal year, attributed to cuts in advertising and promotional expenses.<ref name="econprofit"/> Inshorts primarily operates on an advertising-based revenue model.<ref name=":1" /><ref>{{Cite news |last=Rajan |first=Jessica |date=2023-11-25 |title=Online news aggregator InShorts sees FY23 losses swell by a third to Rs 309 crore |url=https://economictimes.indiatimes.com/tech/startups/online-news-aggregator-inshorts-sees-fy2023-losses-swell-by-a-third-to-rs-310-crore/articleshow/105492240.cms |access-date=2025-05-30 |work=The Economic Times}}</ref>

== References ==
<references />

[[Category:2013 establishments in India]]
[[Category:Companies based in Noida]]
[[Category:News aggregators]]

Inshorts - Revision history

Drsandeepjhaliver: added new post!