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Shark Tank India 3: Meet the New Shark Azhar Iqubal, Who’s Built a Business Empire of Rs 3,700 Crore

Noida: The inclusion of Azhar Iqubal, the co-founder and CEO of Inshorts, to the shark panel is one of the reasons why the most recent season of Shark Tank India is generating more talk than ever before. Days after revealing the inclusion of notable individuals like Deepinder Goyal, co-founder and CEO of Zomato, and Ritesh Agarwal, founder and CEO of Oyo Rooms, the producers of Shark Tank India revealed the unexpected addition of Azhar Iqubal.

Azhar Iqubal was announced as the newest member of the Shark Tank panel in a promotional film published by the Shark Tank India producers. “The news is out, introducing the newest Shark,” the caption said. Co-founder and CEO of Inshorts to the Tank, Azhar Iqubal. Stay tuned for more exciting updates!”

In Shark Tank India 3, Iqubal will appear on stage alongside other seasoned businesspeople like Namita Thapar, Vineeta Singh, Peyush Bansal, Amit Jain, Aman Gupta, Anupam Mittal, Deepinder Goyal, and Ritesh Agarwal. We’ll go more into Azhar Iqubal’s life and career in this post, an IIT dropout who has amassed a $3,700 billion business empire.

Who is Azhar Iqubal ?
Co-founder and CEO of the Noida-based business Inshorts, which provides succinct news in 60 words or fewer, is Azhar Iqubal. Azhar bravely decided to leave the esteemed Indian Institute of Technology in Delhi (IIT) in 2013 in order to follow his entrepreneurial ambitions. Together with Deepit Purkayastha and Anunay Arunav, he founded the Facebook page “News in Shorts,” which subsequently developed into the well-known news aggregator, Inshorts. They were fellow IIT Delhi dropouts.

The Story of Success

Inshorts has reportedly received significant money, accumulating more than $119 million (about Rs 990 crore) through multiple funding rounds, according to a Mint story. Famous investors including Tiger Global, Vy Capital, Rebright Partners, Times Internet, and others have taken an interest in the firm, strengthening its standing in the digital journalism sector.

An estimation of Rs 3,700 billion

Inshorts, which started off as a Facebook page, has reportedly amassed an astounding valuation of Rs 3,700 crore. The voyage of Azhar Iqubal continued after Inshorts. He made his foray into the world of social networks in 2019 by establishing “Public,” which has developed into one of India’s largest social network platforms, with an astounding 50 million active users.

Increasing Horizons

The business mentality of Azhar Iqubal extends beyond Inshorts and Public. He invested in Quickpay, according to a Business Today story, to broaden his sights into the startup investment environment. It is anticipated that Azhar will increase his investments in promising Indian firms as a result of his presence in Shark Tank India 3. This will help support the developing entrepreneurial scene in the country.

The Goals of Shark Tank India 3 by Azhar Iqubal

Azhar Iqubal passionately shared his excitement about joining the Shark Tank India panel, saying, “On Shark Tank India Season 3, I want to tell all the young people of India that where you come from and whether you have a degree or not matters not. It matters whether you are focused, disciplined, and hungry. And if you possess these qualities, I’m here to help you realize your entrepreneurial goal.

Azhar Iqubal’s transformation from an IIT dropout to a business tycoon valued at Rs 3,700 crore as he takes his place as a shark in the tank is nothing short of inspiring. His success story serves as a reminder of the importance of invention, tenacity, and a tireless pursuit of one’s goals in the world of entrepreneurship.