Azhar Iqubal Net Worth: Azhar Iqubal, a businessman, and the co-founder of Inshorts made news consumption in India take a new course. A former IIT dropout, he is the entrepreneurial force behind a company that is currently worth ₹3,700 crore. Inshorts’ CEO has truly been the leader in the revolution of news with his visionary creativity.
Azhar has now decided to join Shark Tank India as a jury member, a show that has been the birthplace of young entrepreneurs with amazing business ideas since its launch two seasons ago. His path right from launching a successful startup to mentoring the next generation of entrepreneurs is a real tale of good for young people who would like to become business leaders.
Born in 1990, Azhar Iqubal initially attended IIT Delhi, one of the most prestigious schools in the country, and studied computer science and mathematics between 2009 and 2012. The entrepreneur stated he made up his mind not to go further but to withdraw. Therefore, he hasn’t had any more studies. One of the moments in his life that changed everything came up in the course of his service on Shark Tank India, Iqubal wrote on Instagram
“I was just starting my twenties when I left IIT Delhi and took a risk to start Inshorts. These ten years have been really thrilling and exciting.”
What he did is a perfect example of self-belief and a willingness to take a risk.
As a teenager Azhar Iqubal started his entrepreneurial journey by creating a Facebook page News in Shorts. In that venture, he, Anunay Pandey, and Deepit Purkayastha were pioneers. The idea came as a result of an observation – most of their colleagues were not up to date with the current events, and the existing news sources were tiring and too long.
When Azhar was 30, he decided to give up IIT Delhi and dedicate himself to creating a business. Their business was named News In Shorts, and the three guys launched an app that was giving 60-word brief reports on breaking news. Consequently, people were able to stay tuned within a duration of just 30 seconds.
The app was introduced to the Android system first, and it quickly became popular. As the company grew, Azhar hired a team of freelance writers and introduced advertisements as a means of profit.
During an interview, he shared that he never went through the shifts and sometimes, he even worked for more than 12 hours a day. Their sweat and toil bore fruit—they substantially raised funds during the C round in New Delhi, in 2014. The application was renamed to Inshorts and was even brought to stand among the apps in which over ₹25 crore was invested in 2015. At the same time, as for the iOS users, this app also became available for them.
In the early days, the platform rolled out 80-100 news items a day while currently, over 500 stories are covered. In April 2016, Inshorts was also made available in Hindi, to attract a broader Indian audience in tier-two cities. His dedication continued to pay off, and on January 10, 2020, he was appointed Director of Inshorts India Advertising and Services Private Limited.
In the meantime, by the end of 2021, the company attracted the funds worth $60 million, and in October 2023, it made profits of over $119 million during the six rounds of funding by eight investors. As of now, the app has been installed over 10 million times and it is listed as one of India’s top news platforms. The Inshorts had been assessed at ₹3,700 crore in October 2023.
Besides Inshorts, Azhar branched into other businesses. On November 16, 2019, he was appointed director of Locvid Services Private Limited; its activities range from accounting to bookkeeping, auditing to tax consulting, market research to business management consulting.
In the same year, Azhar co-founded Public, a social networking site that linked local communities across India, along with Deepit and Anunay. It grew quickly and received ₹300 crore in 2021 about which, notwithstanding great news coverage, Public crossed 100 million downloads and became India’s largest location-based social networking platform by October 2023.
With most of it being that he ran two profitable internet businesses including Public and Inshorts, the founder and CEO of Inshorts, Azhar Iqubal, has a shocking wealth of almost $500 million. Massive for his worldwide reach through the roof, his performance on Shark Tank India in 2023 has been a great help.
In Indian rupees, Azhar Iqubal&’ s rough worth is about ₹3,700 billion. Public speaking fees, startup investments, and ownership of Inshorts and Public are his main income sources.
From its beginning, Inshorts, one of India’s best news summary programs, has made great strides. Experts estimate the company’s value to exceed ₹3,700 crore by 2023. The reason the app is successful is its novel approach to delivering news in 60 words, its tactical choice to expand into more languages, and its Public community app. All of this helps Inshorts become more valuable.
India’s most flexible way of gathering the most recent information would likely be Inshorts, a 60word abstractor enabling the reader to casually browse through an article. The multilingual feature in the list of growth and investment will bring the valuation close to ₹3,700 crore in 2024.
Still a college student, Azhar created News inshorts to help people get news. In 2013 he set up the Inshorts app with Anunay Pandey and Deepit Purkayastha. The application offers brief news pieces. His refusal to give up guaranteed fast development of the application even though his family would not let him depart IIT. Over time, Inshorts developed more functionality.
In 2016, it launched a Hindi edition and got a 2021 investment of fifty million dollars. It was a strong player in the online news field of India by 2023. Azhar did not rest on his laurels. In 2019 he founded a consulting business called Locvid Services Private Limited.
He next came up with Public, a place based social networking application. The public grew quickly. Since its start in October 2023, it had over 100 million downloads—just over four years after it first ran. It grew to be one of India’s most popular local social media platforms.
Native ads and sponsored content as well as ads connected to shorts generate revenues for Azhar Iqubal from several channels.
Regarding speaking at corporate events, he is compensated. Startup investments include shares in early stage businesses such as Reslink, URturms, QuickReply, and Canvaloop.
Shark Tank India seeks an astute investment and a participation charge.
Membership on the board of directors and advisory positions: He owns many firms.
Besides this, Azhar sunk a considerable amount of money in technology firms on Shark Tank India:
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Primarily via Shark Tank India, Azhar is a renowned early stage startup passionate investor.
| Industry | Stake acquired | Amount |
| Aroleap | 5 percent | ₹1 crore |
| Chefling | 16 percent | ₹1 crore |
| Mintree | 1.5% | ₹90 million |
| TURMS | 4% | ₹1.2 crore |
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Owing to his leadership abilities and business success, he has racked up many esteemed honors in his name.
His great ability at the intersection of innovation, grit, and business strategy genius puts Azhar fairly high on the Indian top young entrepreneur list.
He was preparing himself for the IIT JEE entrance tests to get admission to his dream college from school.
He entered IIT Delhi in Computer Science in 2009 but dropped out shortly to become an entrepreneur.
Co Founder of Flipkart, Sachin Bansal, is said by Azhar to have given him very strong motivation to start changing India’s Startup Culture.
For his success in establishing a digital news environment, Azhar stumbled upon a 2015 Times of India article on himself.
Even after his success, his family members had challenges accepting his decision to abandon IIT Delhi study.
This is an inspiring tale of risk, daring, and perseverance to transform a vision into a few million dollar triumph!
From a college dropout defying common perception to a Shark Tank investor and owner of his own business, Azhar Iqubal&’s journey inspires will power, creativity, and bravery in the pursuit of success. His life calls out for zeal and vision in a fast paced startup setting along with the background Inshorts offers to destroy the very basis of orthodox news industry.
Though he has inspired other entrepreneurs, this man has himself become a story icon by his accomplishments changing the news world in the guise of Inshorts. He shows that even with fear included, passion and drive can carry someone somewhere in the relations of life success.
Azhar Iqubal is present to inspire the next generation of Indian business leaders that whatever is achievable if you decide so, while breaking the glass ceilings and always opening new territories of reach.
An Indian entrepreneur, Azhar Iqubal is the cofounder and chief executive officer of Inshorts, a well known news aggregation app presenting information in 60 words.
Azhar Iqubal’s net worth is roughly in the range of Rs. 3720 crores or 500 million. This is having shares of Public app and Inshorts along with early stage firm investments.
Azhar Iqubal became well known in 2013 for the introduction of Inshorts, a transformation that shook India’s news consumption patterns. Moreover, his celebrity grew when he was the investor on Shark Tank India.
Apart from his central activities via Inshorts, he is spending in several other startups and providing advisory services for some tech based businesses.
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Disclaimer: The net worth, assets, and other information shared here are based on reports from News websites. Sometimes, celebrities or their teams also provide their input, which we include when available. We aim to provide accurate information, but unless stated otherwise, these numbers are approximate. We welcome feedback at info@eblogtalk.com.
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This post was last modified on May 12, 2025
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