In a recent exciting news, Azhar Iqubal, who left IIT-Delhi before founding Inshorts along with Deepit Purkayastha and Anunay Arunav, has joined the Shark Tank India Season 3. This popular TV show has been making waves, with big names like Ritesh Agarwal, the CEO of OYO, and Deepinder Goyal, the CEO of Zomato, also taking part in the past month.
Azhar Iqubal, a dynamic entrepreneur, has a life story that inspires many. He was born in the town of Kishanganj in Bihar in 1993, which isn’t typically associated with startup success stories. However, Azhar’s journey from this small town to becoming a pioneer in the digital media landscape is nothing short of remarkable.
His story began when he and his team decided to create a Facebook page called “News in Shorts,” focused on providing concise news summaries in just 60 words. This endeavor eventually transformed into the immensely popular Inshorts app.
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Education: IIT Delhi Dropout (2012)
Azhar’s quest for knowledge led him to the prestigious Indian Institute of Technology (IIT) in Delhi. However, in 2012, he decided to take a different path and dropped out of IIT to pursue his entrepreneurial dreams. This bold move marked the beginning of a journey that would change the way we consume news and information.
The Vision: Reconnecting the Generation with News
In an interview with Asia Teach Daily, Azhar Iqubal explained the driving idea behind Inshorts. He aimed to rekindle the younger generation’s reading habits by adapting to their on-the-go lifestyles. Inshorts ensures that users can stay updated with the latest news even in their busiest moments.
Awards and Recognitions
Azhar Iqubal’s remarkable achievements have not gone unnoticed. He has received prestigious awards and recognitions, underscoring his innovative contributions to the business world. These accolades include the Business World Young Entrepreneur Award, The Most Enterprising Brands, Leaders of Asia Award, Business World 40 under 40, Fortune India 40 under 40, Forbes India 30 under 30, and Forbes Asia 30 under 30.
Azhar Iqubal's Net Worth : ₹500 Crore
Azhar’s journey, from a small town in Bihar to being a digital media pioneer, has been fueled by his unwavering determination and vision. His incredible achievements have propelled him to a net worth of ₹500 crore, a testament to his entrepreneurial acumen and the impact of InShorts on the digital media landscape.
Inshorts Impressive Valuation
Inshorts, founded by Azhar and his team in Noida, has made remarkable strides. As of recent estimates by Entrackr, the company is valued at an impressive Rs 3700 crore, a testament to its impact on the digital media landscape in India.
Expanding Beyond Inshorts: Public
Azhar’s entrepreneurial spirit didn’t stop at Inshorts. In 2019, he launched Public, a location-based social network. It has quickly become India’s largest of its kind, boasting over 50 million active users and witnessing the creation of over 1 million videos every month.
Interests: Beyond Business
While Azhar is a force to be reckoned with in the business world, he also has a taste for adventure and exploration. His interests include traveling, engaging in adrenaline pumping adventure sports, skydiving, and scuba diving.
In Short, Azhar Iqubal’s story is a shining example of how passion, perseverance, and a bold vision can turn dreams into reality. His success with Inshorts, investments in startups, and numerous accolades prove that with the right mindset and dedication, anyone can make their mark in the world of entrepreneurship.