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- Inshorts
Inshorts Revenue, Valuation, Funding & Investors
Inshorts is valued at $550M as of July 2021, a 28.9x multiple on its last reported $19M revenue.
Last Inshorts valuation
$550M
Undisclosed stage · Jul 2021
Last Inshorts funding round
$60M
Undisclosed stage · Jul 2021
Inshorts revenue
$19M
Undisclosed stage · Jul 2021
Key investors in Inshorts
Tiger Global
Addition
Tanglin Venture Partners
SIG Global India Fund
Vy Capital
Binny Bansal
About Inshorts
Inshorts is a mobile news application delivering stories in 60-word summaries for quick consumption. Noida-headquartered since 2013, it covers politics, business, sports, entertainment, and technology using AI-curated feeds personalized by user interests. The app reaches millions daily in India and beyond, partnering with publishers for real-time updates. Inshorts expanded into vernacular languages like Hindi and offers video shorts, establishing dominance in the bite-sized news format.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Advertising
Revenue
$19M (Jul 2021)
Valuation
$550M (Jul 2021)
Sectors
Inshorts Valuation
Inshorts is currently valued at $550M, based on its undisclosed-stage round in July 2021.
The $60M round was led by Vy Capital.
Inshorts' valuation has grown 4.4x from $125M at its undisclosed-stage round in September 2020 to $550M in July 2021, across 3 priced rounds.
Inshorts valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jul 2021 | Undisclosed stage | $550M | 28.9x |
| Mar 2021 | Undisclosed stage | $250M | 13.2x |
| Sep 2020 | Undisclosed stage | $125M | 13.9x |
Inshorts Revenue
Inshorts' latest recorded revenue is $19M, as of its undisclosed-stage round in July 2021. At a $550M valuation, that implies a 28.9x revenue multiple.
Revenue grew from $9M in September 2020 to $19M in July 2021, while the revenue multiple moved from 13.9x to 28.9x.
Inshorts revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jul 2021 | $19M | $550M | 28.9x | Undisclosed stage |
| Mar 2021 | $19M | $250M | 13.2x | Undisclosed stage |
| Sep 2020 | $9M | $125M | 13.9x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Inshorts Funding History
Inshorts has raised a total of $165M across 6 funding rounds.
Inshorts' first fundraising round was a $4M Series A in February 2015. The most recent completed round was a $60M undisclosed-stage round in July 2021.
Inshorts funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2021 | Undisclosed stage | Vy Capital (lead) | $60M | $550M | Inshorts, a news aggregator app delivering 60-word news summaries, raised $60 million in a funding round on July 15, 2021, led by Vy Capital with participation from existing investors including Addition, Tiger Global, SIG, A91 Partners, and Tanglin Venture Partners. This brought the company's total funding in the prior year to $140 million. The post-money valuation reached approximately $550 million, up from $250 million in a $41 million round in March 2021 led by A91 Partners and $125 million in a September 2020 round led by Addition. The funding supports scaling Inshorts' two platforms: the core Inshorts news app, launched eight years prior with over 10 million users, and Public, a location-based social media app introduced two years earlier boasting 50 million active users, one million monthly videos, and strong traction in Tier II and III cities across regional languages. Vy Capital partner Vamsi Duvvuri highlighted partnering to build one of India's largest content platforms amid rapid user growth. Co-founder and CEO Azhar Iqubal emphasized the apps' role in keeping users informed amid constant global changes. The investment focuses on expanding Public's reach and enhancing features to capitalize on its market-leading position in short-form content and localized social networking. |
| Mar 2021 | Undisclosed stage | A91 Partners (lead); Addition; Kisho Capital; SIG Global India Fund; Tanglin Venture Partners | $41M | $250M | Inshorts is an Indian news aggregator app delivering content in 60-word summaries across categories like national, international, politics, sports, business, entertainment, and technology. Founded in 2013 and based in Noida, it primarily generates revenue from advertisements on its mobile application. The Indian entity operates as a subsidiary of a Singapore-based parent company. On March 23, 2021, Inshorts raised funding in its Series D round from investors including A91 Partners (lead), Addition, Kisho Capital, SIG Global India Fund, and Tanglin Venture Partners. This followed a Series C in September 2020 and preceded a Series E in July 2021 raising $60M led by Vy Capital from the same investor group including A91 Partners, Addition, SIG Asia Investments (likely related to SIG Global India), and Tanglin Venture Partners. Inshorts has raised over $165M in total funding across multiple rounds. Later FY24 data shows operating revenue of INR 181 Cr with net losses. |
| Sep 2020 | Undisclosed stage | Addition (lead); SIG Global India Fund; Tanglin Venture Partners | $35M | $125M | Inshorts is a news aggregation platform that delivers bite-sized news updates in 60-word stories via its mobile app, primarily generating revenue from advertising sales. In September 2020, Inshorts raised funding in a Series C round involving investors including Addition, SIG Global India Fund, and Tanglin Venture Partners, with a post-money valuation of $125 million as reported in funding summaries. For the fiscal year ended March 31, 2020 (FY20), Inshorts India Advertising And Services, a subsidiary of Singapore-based Inshorts Pte Ltd, reported turnover of Rs 81.74 crore, up from Rs 48.72 crore in FY19, driven largely by advertising. Total expenses rose to Rs 106.7 crore, leading to a widened net loss of Rs 25 crore from Rs 91 lakh in FY19. Employee benefits were Rs 26.9 crore, with other expenses at Rs 75 crore. Trade receivables stood at Rs 32.64 crore. Subsequent rounds included a March 2021 Series D at $250 million valuation and a July 2021 Series E raising $60 million at $550 million valuation. Inshorts continued growing revenue post-FY20, reaching Rs 99.33 crore in FY21 and Rs 143.94 crore in FY22, while experimenting with new ad formats in sectors like automobiles with brands such as Safari and Maruti Suzuki. |
| Dec 2017 | Series A | Tiger Global (lead) | $5M | - | Inshorts is a Noida-based mobile news curation app that delivers 60-word summaries of news stories in English and Hindi. It generates revenue through advertisements and sponsored content. Tiger Global invested $5 million (Rs 32.2 crore / Rs 5.58 crore per filings) in a bridge round in September 2017 via its Singapore vehicle Internet Fund III Pte Holdings, following prior rounds including $20M Series B in July 2015 and $4M Series A in February 2015. For the financial year ended March 2017, Inshorts reported revenue of Rs 6.4 crore, up from Rs 23 lakh in FY2016, with projected revenue of Rs 35 crore by year-end. The company recorded a loss of Rs 40.2 crore in FY2017, compared to Rs 34.3 crore the prior year. This funding came after a hiatus, amid plans for a larger $10-15M round led by Tiger Global. |
| Jul 2015 | Series B | Tiger Global (lead) | $20M | - | Inshorts, a Noida-based mobile news curation app founded in 2013 by IIT dropouts Deepit Purkayastha, Azhar Iqubal, and Anunay Pandey, raised $20 million in a Series B funding round from Tiger Global in July 2015. The funding followed a $4 million Series A in February 2015 led by Tiger Global with participation from Rebright Partners and Flipkart founders Sachin and Binny Bansal, and an earlier seed round in June 2014. Tiger Global, a key backer of Indian tech firms including Flipkart and Ola, led this round after supporting the prior Series A. The Series B capital was intended to scale the service, grow the user base, expand the team, improve user experience, particularly on the Android app which dominated the Indian market, and develop features like a personalization engine and opinion-sharing tools. The app focused on delivering concise 60-word news summaries for quick consumption, aiming to update users in five minutes without overwhelming them. Later developments included a $5 million bridge round from Tiger Global's Singapore affiliate in September 2017, as per company filings. |
| Feb 2015 | Series A | Tiger Global (lead); Sachin Bansal; Rebright Partners; Binny Bansal | $4M | - | Inshorts is a mobile news curation app founded in 2013 by Deepit Purkayastha, Azhar Iqubal, and Anunay Arunav that publishes 60-word summaries of major news stories worldwide in a card-based format on iOS and Android. The app generates revenue through advertisements and sponsored content. In February 2015, Inshorts raised $4 million in a Series A round led by Tiger Global, with participation from Japan's Rebright Partners and Flipkart co-founders Sachin and Binny Bansal. At the time of the Series A, the company had crossed 100,000 downloads with a 4.5-star rating on Google Play Store, with approximately 90% of its user base on Android and 10% on iOS. User engagement metrics showed that 40% of registered users logged in weekly, and daily active users browsed an average of 50 stories per day. The startup had originally raised a seed round in 2014 from Times Internet and angel investors. |
Who has invested in Inshorts?
10 investors have backed Inshorts across its funding rounds, including Tiger Global, Addition, Tanglin Venture Partners, SIG Global India Fund, Vy Capital and Binny Bansal.
Lead investors include Vy Capital, A91 Partners, Addition and Tiger Global.
Inshorts Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Feb 2015 | ||
| 2 | Lead | Sep 2020 | ||
| 2 | Participant | Sep 2020 | ||
| 2 | Participant | Sep 2020 | ||
| 1 | Lead | Mar 2021 | ||
| 1 | Participant | Feb 2015 | ||
| 1 | Participant | Feb 2015 | ||
| 1 | Participant | Feb 2015 | ||
This data is available for Pro users. Sign up to see all 10 Inshorts investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Inshorts
Inshorts has acquired 1 company to date.
Last acquisition by Inshorts was on October 14th 2015. Inshorts acquired Retention for undisclosed valuation.
Latest Acquisitions by Inshorts
| Description | Retention is a mobile-only analytics platform tailored for app developers. San Francisco-headquartered, it tracks user engagement metrics specific to iOS and Android behaviors, excluding web KPIs. The tool provides cohort analysis, funnel optimization, and retention curves to help product teams iterate on features without cross-channel distractions. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 14 Oct 2015 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Inshorts acquisitions and their M&A valuation multiples. Start Free Trial | |
Inshorts Competitors
Inshorts competitors include listed companies like Weathernews and Wirtualna Polska, and private ones like Medium, iQiyi Sports, LiveScore Group and Health IQ.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $157M | $38M | $574M | 2.9x | ||
| Private | - | - | $600M | - | ||
| Private | - | - | $486M | - | ||
| Publicly listed | $585M | $102M | $472M | 1.3x | ||
| Private | $133M | - | $665M | 5.0x | ||
| Private | - | - | $450M | - |
Inshorts Public Comps
Inshorts is still privately-owned, but its public comps include Weathernews, Wirtualna Polska, Better Collective, Sichuan Newsnet Media, Value Line, m-up holdings, Sohu, Future plc, Cairo Communication and So-Young.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $157M | $38M | 2.9x | 2.9x | 11.9x | 11.9x | |||
| $585M | $102M | 1.4x | 1.3x | 8.1x | 5.6x | |||
| $388M | $100M | 2.5x | 2.4x | 9.8x | 7.7x | |||
| $46M | $14M | 7.0x | - | 22.5x | - | |||
| $33M | $29M | 8.5x | - | 10.0x | - | |||
| $204M | $33M | 1.3x | 1.3x | 8.3x | - | |||
| $584M | ($54M) | - | - | - | - | |||
| $993M | $254M | 0.8x | 0.9x | 3.2x | 3.4x | |||
This data is available for Pro users. Sign up to see all Inshorts competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Inshorts
| When was Inshorts founded? | Inshorts was founded in 2013. |
| Where is Inshorts headquartered? | Inshorts is headquartered in Noida, India. |
| Is Inshorts publicly listed? | No, Inshorts is a private, VC-backed company. |
| What is Inshorts' valuation? | Inshorts was last valued at $550M in its undisclosed-stage round in July 2021. |
| How much funding has Inshorts raised? | Inshorts has raised $165M across 6 funding rounds. |
| What was Inshorts' last funding round? | Inshorts' last funding round was a $60M undisclosed-stage round in July 2021, led by Vy Capital. |
| Who are Inshorts' investors? | Inshorts' investors include Tiger Global, Addition, SIG Global India Fund, Tanglin Venture Partners, A91 Partners, Sachin Bansal, Rebright Partners, Binny Bansal, Kisho Capital and Vy Capital. |
| What is Inshorts' revenue? | Inshorts' latest recorded revenue is $19M (July 2021). |
| What is Inshorts' revenue multiple? | Inshorts' latest valuation implies a 28.9x revenue multiple ($550M valuation on $19M of revenue). |
| Which companies are comparable to Inshorts? | Companies comparable to Inshorts include Weathernews, Medium, iQiyi Sports, Wirtualna Polska, LiveScore Group and Health IQ. |
| How many companies has Inshorts acquired? | Inshorts has acquired 1 company, including Retention. |
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