Inshorts is a

news aggregator In computing, a news aggregator, also termed a feed aggregator, content aggregator, feed reader, news reader, or simply an aggregator, is client software or a web application that aggregates digital Content (media), content such as online newsp ...

and

content distribution Digital distribution, also referred to as content delivery, online distribution, or electronic software distribution, among others, is the delivery or distribution of information or materials through digital platforms. The distribution of digital ...

company based in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

that publishes a software app that sends out news stories in 60-word bites. The app curates news from various domains covering news, information, updates, and noteworthy events around the world. Inshorts also operates Public App, a hyperlocal news and video-sharing platform. Inshorts is one of the most popular news aggregator apps in India with more than 10 million app users.

History

Inshorts was founded in 2013 by Azhar Iqubal (Chairman), Anunay Pandey (Director), and Deepit Purkayastha (CEO). Inshorts has raised a total funding of $119M over six

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

rounds. Its first funding round was on 5 September 2013. Its latest funding round was a

Series D A venture round is a type of funding round used for venture capital financing, by which startup company, startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture fundi ...

round on 15 July 2021, for $60M. One investor, Vy Capital, participated in its latest round. In October 2015, Inshorts acquired Betaglide, a Bangalore-based web analytics startup for tracking app retention. In 2020, Inshorts launched Public App, a hyperlocal news, social-network, and video platform focusing on location-based updates. As of FY24, Inshorts reported operating revenue of 181 crore, with a net loss of 228 crore, a 26% reduction in losses compared to the previous fiscal year, attributed to cuts in advertising and promotional expenses. Inshorts primarily operates on an advertising-based revenue model.

References

2013 establishments in India Companies based in Noida {{India-company-stub