Shark Tank's Azhar Iqubal Steps Down As Inshorts CEO, Deepit Purkayastha Steps Up

Azhar Iqubal, the CEO of news aggregator InShorts, has relinquished his position. The baton has now been passed to co-founder Deepit Purkayastha, who will now lead the company.

What Happened: Azhar Iqubal has transitioned to the Chairman’s role at InShorts. His co-founder, Deepit Purkayastha, has been promoted to the CEO position.

“After leading the company for 11 years as chief executive, I have decided to step into the role of chairman of the company. My co-founder, Deepit, who has been an instrumental part of our journey from the beginning, will take charge as the chief executive of the company and I am excited to see him lead our company to greater heights," Iqubal said in a statement

The leadership change is said to be a part of the strategic reshuffle within the company. As Chairman, Iqubal will now concentrate on broader strategic initiatives, while Purkayastha will take charge of the company’s daily operations.

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InShorts, which has gained popularity for its concise news summaries, is a preferred platform for news consumption in India. The leadership change is anticipated to infuse new ideas into the company’s growth strategy.

Why It Matters: The leadership reshuffle at InShorts comes at a crucial time when the company is focusing on expanding its user base and enhancing its product offerings. With Iqubal moving to a strategic role, he can focus on long-term growth plans and partnerships. On the other hand, Purkayastha’s elevation to the CEO role signifies the company’s commitment to operational excellence and innovation.

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