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Azhar Iqbal is the Chairman and Co-Founder of Inshorts. He was Born on January 18, 1992, in Kishanganj, Bihar, India. Azhar Iqbal Net worth is estimated to be around 500 crores in Indian rupees. He attended the Indian Institute of Technology (IIT), in Delhi. Azhar Iqbal is a successful entrepreneur who was the chairman of Inshorts, an Indian platform for discovering content.
After leaving IIT Indian Institute of Technology, he succeeded in building a business valued at Rs 3,700 crore. With one straightforward concept, Azhar Iqbal, co-founder and CEO of Inshorts, transformed the journalism industry.
Shark Tank India a business realty show has two seasons now, and Azhar Iqbal is the new judge. Young entrepreneurs with clever company ideas now have a forum thanks to Shark Tank, for his joining.
Bio Information
| About Azhar | Details |
| Full Name | Azhar Iqbal |
| Gender | Male |
| Born on | January 18, 1992 |
| Birthplace | Kishanganj, Bihar, India |
| Present Age | 31 years |
| Net worth | 500 crores in Indian rupees. |
| Occupation | Entrepreneur |
| Religion | Muslim |
| Married | Not yet |
| Education | B Tech Dropout |
| Height | 5 feet 10 inches |
| Known as | Chairman/ Co-founder of Inshorts |
After his schooling tenure, Azhar started preparing himself for joining the Institute of Information Technology and joined IIT in 2009 in Delhi. Azhar Iqbal and his college friends Deepit Purkayastha and Annunay Panday created the “News Inshorts” Facebook page. Azhar and his fellow company Started “News In Shorts” Because of observing the lack of Awareness among their other mates also relating to current events and the nature of lengthy articles on digital news platforms.
The best specialty of their Facebook page contains regularly Short and updated news and this page was designed for quick one-minute reads. They rapidly increased their followers because of the struggle of Azhar and he encouraged his friends and family members to read and share it.
In his Interview
Azhar Iqbal said “Along with Anunay Pandey and Deepit Purkayastha, two of my classmates at the Indian Institute of Technology, I started on my entrepreneurial journey in 2013. We noticed that Millennials were growing less interested in reading news, and the main reasons for this were the length and bulk of the articles as well as the lack of reading time.”
“After realizing the problem, we decided to launch the News in Shorts Facebook page, which was dedicated to providing people with concise 60-word summaries of news articles. With over 10 million active users, Inshorts is currently the top English news app in India and has the highest rating”.
Business Passion
Azhar Iqbal decided to quit IIT Delhi in 2012 to make a business or focus on company growth. He was motivated to pursue a career in business after motivating by Sachin Bansal’s (the founder of Flipkart) path.
First-generation businessman Azhar Iqbal started his profession in 2013 alongside his IIT classmates Anunay Arunav and Deepit Purkayastha on the News in Shorts Facebook page. This quickly became very popular, and they launched both the app and the firm.
Azhar’s family reportedly went through a difficult period after he decided not to attend IIT Delhi because no one encouraged him to give up engineering.
On September 4, 2013, Azhar, and his company friends released the News In Shorts mobile app. It provided brief, free, 60-word news updates on popular subjects that could be read in less than 30 seconds. The software was first released for Android users.
As the business expanded, Azhar brought on several talented writers and started using the app’s ads to make money. He said, that In Shorts page raised a substantial amount of money in 2014 at a C-round funding event held in New Delhi.
From 2015 to Rise
The app was renamed as Inshorts in 2015. To increase its reach in tier-two cities, Azhar released an Inshorts version in Hindi in April 2016. On November 16, 2019, he started his new company and became director of Locvid Services Private Limited. The company offers a variety of services, such as bookkeeping, accounting, market research, public opinion polls, audits, tax consulting, and corporate management consulting.
Deepit, Anunay, and Azhar launched the social media app “Public” to foster connections among Indian communities. On January 10, 2020, Azhar started working as a director at Inshorts India Advertising And Services Private Limited.
In October 2023, The Public App achieved the status of the most downloaded location-based social media network, with over 100 million downloads. With the assistance of eight investors, Inshorts has raised $119 million over six funding rounds as of October 2023. Over 10 million downloads of Inshorts had been made on the Google Play Store by 2023, and the app was valued at approximately Rs. 3,700 crore.
Car collections
Azhar Iqbal loves to travel and has a beautiful car collection that matches his preferences and personality. In his collection following cars include:
- Mini Cooper
- Jeep Wrangler Rubicon
- Porche 718 Boxter
Azhar Iqbal Net worth
Azhar Iqbal is the youngest Entrepreneur and he earns millions of rupees in Indian currency. He leads his business in a successful way that quickly increases his wealth. Azhar Iqbal net worth is equivalent to 500 crores in Indian currency. He enjoys his lavish lifestyle because of his struggle and wealth.
Conclusion
In conclusion, whether it’s the athletic prowess of Amir Khan, the boxer, or the entrepreneurial expertise of Garry Tan, both have built impressive fortunes. Amir Khan’s net worth reflects his dedication to boxing, winning championships, and establishing his brand in the sporting world, while Garry Tan’s net worth highlights his success in the tech and investment fields. At worldnewstopics, we aim to provide you with detailed insights into the net worth of notable figures across various domains.
FAQ’s
Where from Azhar Iqbal?
Azhar Iqbal is from Kishanganj, Bihar India. But further, he moves to Delhi for his business career.
What is the present age of Azhar Iqbal?
Azhar birth date is 18, January 1992 and his present age is 31 years old.
What is the success story of Azhar Iqbal?
His academic accomplishments include an IIT JEE rank of about 600 and enrollment in IIT Delhi’s integrated M. Tech program before he decided to concentrate on his business.