Inshorts, founded in 2013 by Azhar Iqubal, Anunay Arunav, and Deepit Purkayastha, is India’s leading news aggregation platform known for its crisp 60-word summaries. Headquartered in Noida, the app serves millions of daily active users who rely on it for quick, unbiased updates. Over time, Inshorts has diversified into content distribution tech and advertising innovation while expanding internationally. Despite reporting a ₹18 Cr net loss in FY24, it achieved strong revenue growth to ₹180 Cr and maintains a valuation of ~$550M, signaling robust investor confidence.
Founding year | 2013 |
---|---|
Headquarters | Noida, Uttar Pradesh, India |
Valuation | ~$550M (2023) |
Total Funding | $140M |
Annual Revenue | ₹180 Cr (FY24) |
Annual Net Loss | ₹18 Cr (FY24) |
EBITDA Margin | -10% |
Employees | ~400 |
Round | Date | Amount | Investors |
---|---|---|---|
Seed | 2014 | $1M | Tiger Global |
Series A | 2016 | $5M | Tiger Global, Rebright Partners |
Series B | 2019 | $35M | Tiger Global, SIG |
Series C | 2021 | $60M | Addition, existing investors |
Series D | 2023 | $39M | Vy Capital |
Inshorts recently announced plans to further scale its short-form video content and expand the Public app footprint in tier-2 and tier-3 cities. The company continues to attract advertiser interest with strong user engagement metrics, and remains in discussions with global investors for future growth capital.
Metric | Detail |
---|---|
Revenue Growth | ▲ Strong YoY increase to ₹180 Cr |
Profitability | ▼ Net loss of ₹18 Cr in FY24 |
Funding | ▲ $140M raised over 5 rounds |
Efficiency | ▲ Improved EBITDA margin at -10% |
Valuation | ▲ $550M as of 2023 |
Inshorts continues to shape the digital news landscape with its innovative short-form content model. Despite current losses, its strong revenue trajectory, loyal user base, and strategic investor backing highlight its long-term growth potential. As the company sharpens its monetization strategies and explores global markets, it is positioned to become a leader in content tech globally.
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This report is generated for informational purposes only and does not constitute investment advice.