How ‘Inshorts’ raised $20 million from $4 million – Straight from the founders view
Inshort, a mobile app focused towards providing news to its users in 60 words, has raised $20 million from New York- based Tiger Global investors. The company plans to utilise the raised capital to improve user experience and expand its presence.
News in shorts video>
News in Shorts, Noida-based firm, founded by Azhar Iqubal, Anunay Pandey and Deepit Purakayastha, has been in this business since 2013. News in shorts started out being a part of Times Internet’s accelerator program called TLabs in 2013. It was then that News in Shorts received its seed funding of Rs 2 crore from angel investors Ankush Nijhawan, Gaurav Bhatnagar and Manish Dhingra along with co-founders of Flipkart—Sachin Bansal and Binny Bansal. News in Shorts, in February 2015, raised Rs 25 crore in its series A roun...