India-based company News In Shorts has reportedly raised 4 million dollars in Series A funding led by Tiger Global.
According to Tech Crunch, the funding round for the New Delhi-based startup that operates a news digest app for iOS and Android included participation from Japan's Rebright Partners and existing investors Sachin and Binny Bansal, the founders of e-commerce firm Flipkart.
News In Shorts publishes 60-word summaries of the day's top stories from categories including sports, entertainment, national and international news.
Azhar Iqubal, founder and CEO told TechCrunch in an interview that the idea is that readers should have enough of an understanding of a story within 30 seconds of reading, adding that the company used a team of editors because it believes that technology is not up the mark.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app