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Rejig At Inshorts: Azhar Iqubal Becomes Chairman

Rejig At Inshorts: Azhar Iqubal Becomes Chairman

Inshorts, the news aggregator platform, has announced a major reshuffle in its leadership team. Co-founder Azhar Iqubal will transition from the CEO role to become the company's Chairman. Cofounder Deepit Purkayastha has been promoted to the position of CEO. Inshorts summarises news articles across various topics within 60 words. The company has raised over $100 million in funding and competes with other news aggregators like DailyHunt. However, it reported a net loss of INR 310 crore in the FY23 financial year, with a modest revenue increase of 9%.

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Comments

Chayan Sahu

Shark tank India is becoming curse for the Sharks

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0

7 months ago

Mahesh Kumar

Mahesh KumarFrom Andhra.....

Why do you think companies like this make loss? It's supposed to be a simple app and crowdsourced news rather than journalists.

Reply

0

7 months ago

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