Azhar Iqubal, co-founder of Inshorts and a familiar face on Shark Tank India, has announced his new venture called Fenado AI. He co-founded the platform with Manish Singh Bisht, the former head of technology at Inshorts.
Fenado AI aims to help startups, small businesses and even large organizations build apps and websites without any coding knowledge.
No coding required
Fenado AI is designed to democratize tech development by allowing users to simply chat about their business requirements and design preferences.
The platform then generates a fully functional app or website within minutes, removing the need for a dedicated tech team or specialized coding skills.
According to Iqubal, this approach levels the playing field for entrepreneurs who have struggled to find affordable and skilled tech talent. He said the idea is to make innovation accessible to all, whether someone is in a big city or a smaller town.
Rapid growth ambitions
Since its beta phase, Fenado AI has already brought on more than 200 paying customers from India, Europe and the United States. Iqubal says the venture recorded revenue of Rs 3 lakh last month and expects this to exceed Rs 20 lakh in the current month.
The company plans to onboard 10,000 startups globally by the end of 2025, and it is also eyeing underserved markets in tier-2 and tier-3 cities. According to Iqubal, even a vegetable vendor should be able to launch an online platform with Fenado AI handling the technical aspects.
AI at the core
Bisht, who serves as Fenado AI’s co-founder and chief technology officer, believes artificial intelligence can handle most coding tasks more efficiently than human engineers.
He says the platform not only saves time but also delivers scalable, reliable solutions, which is crucial for fledgling businesses looking to grow.
By providing end-to-end tech support, Fenado AI aims to eliminate common challenges like hiring and training a tech team, giving startups the freedom to focus on other core operations.
Expanding impact
Iqubal, who co-founded news app Inshorts in 2013 and attracted more than $170 million in investments over the past decade, sees Fenado AI as the next step in his journey to empower small and mid-sized enterprises.
By removing barriers to technology, the startup hopes to foster a culture of innovation across industries and encourage more people to bring their ideas online. With the momentum from its beta phase, Fenado AI is now ramping up services to meet growing demand both in India and abroad.