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Inshorts

Inshorts

Inshorts (previously known as News In Shorts) is a Delhi-based company that is known for its content discovery and distribution application for Android and iOS. It aggregates news and other content such as videos, infographics, and blogs, and summarizes them in 60 words or less. As of April 2015 its app had received more than one million downloads and was one of the highest rated Indian news apps.

Inshorts
News In Shorts
Founded2013
FoundersAzhar Iqubal (Co-Founder) Deepit Purkayastha (Co-Founder) Anunay Arunav (Co-Founder)
Headquarters,
ProductsInshorts mobile app
Website

History

Inshorts was found by Azhar Iqubal, Deepit Purkayastha, and Anunay Arunav, all three of them were dropouts from the Indian Institute of Technology. [undefined] Originally called "News In Shorts", the company later rebranded itself as Inshorts. [undefined] It was launched as a Facebook page in 2013 before being shortlisted as one of Nasscom's 10,000 Startups. [undefined] These entrepreneurs entered into the Forbes’30 under 30 list, bagged the award for the ‘Best Innovation App’ by the Internet and Mobile Association of India (IAMAI). [undefined] It was incubated at TLabs and in 2014 raised funding from Sachin Bansal and Binny Bansal, co-founders of Flipkart. [undefined] Additional early investors include Ankush Nijhawan, Gaurav Bhatnagar, Manish Dhingra, and Times Internet. [undefined]

The company launched its app on Android first in 2013, following up with iOS in 2015.

By February of that year, it was receiving 10,000 downloads per week.

Series A funding for the company closed in February 2015 with $4 million being led by Tiger Global.

Additional investors included the Bansals of Flipkart and Rebright Partners.

It closed a Series B round the same year with $20 million being raised.

That round was led by existing investor Tiger Global.

In 2015, Inshorts rebranded from its founding name, News In Shorts.

[undefined] Part of the rebranding also included expanding the content beyond news aggregation, adding videos, infographics, and blogs.

[undefined] In October 2015, it acquired Betaglide, a fellow TLabs incubated business.

[undefined] Betaglide is the creator of Retention.ai which tracks the uninstallation of apps to help with customer retention, the technology for which was incorporated into Inshorts.

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As of April 2015 its app had received more than one million downloads and was one of the highest rated news app.

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Overview

Inshorts pushes content to its app, consisting of news and other updates that are each 60 words or less.

[undefined] The company employs a team that manually curates and provides the 60 word summary for each feed that is divided into categories such as national, business, sports, and technology.

[undefined] The app is available for both Android and iOS operating systems.

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References

[1]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-terms for further details.Images/media credited individually (click the icon for details).
Jul 22, 2016, 12:49 PM
[2]
Citation Linktechinasia.com"IIT dropouts get funding from Tiger Global, Rebright Partners for News in Shorts"
Jul 22, 2016, 12:49 PM
[3]
Citation Linkbusiness-standard.com"News In Shorts plans to add 100 jobs; rebrands as 'inshorts'"
Jul 22, 2016, 12:49 PM
[4]
Citation Linktechcrunch.com"India’s News In Shorts Raises $4 Million Series A Round Led By Tiger Global"
Jul 22, 2016, 12:49 PM
[5]
Citation Linktechcrunch.com"Indian Media Startup News In Shorts Lands $20M Series B From Tiger Global"
Jul 22, 2016, 12:49 PM
[6]
Citation Linklivemint.com"Why start-ups go for rebranding early on"
Jul 22, 2016, 12:49 PM
[7]
Citation Linktechinasia.com"This 2-year-old news app wants to get smarter with an acquisition"
Jul 22, 2016, 12:49 PM
[8]
Citation Linkeconomictimes.indiatimes.com"Inshorts acquires app startup BetaGlide"
Jul 22, 2016, 12:49 PM
[9]
Citation Linktropicalpost.com"News in Shorts - Providing worth reading news within 60 words"
Jul 22, 2016, 12:49 PM
[10]
Citation Linkbusiness-standard.com"News, short & digestible"
Jul 22, 2016, 12:49 PM
[11]
Citation Linktechcircle.vccircle.com"News In Shorts plans to go beyond English content, eyes over 500 daily mobile news snippets"
Jul 22, 2016, 12:49 PM
[12]
Citation Linkinshorts.comInshorts official website
Nov 29, 2017, 3:27 PM
[13]
Citation Linkdropoutdudes.com"IIT Dropouts: Story from a facebook page to Rs. 600 crore company, Inshorts News App"
Nov 29, 2017, 3:27 PM