Space crunch in your mobile? Use the new Instagram Lite app - details here The new Instagram Lite app is built on the lines of the popular Facebook Lite app, which has over 200 monthly active users. Share Updated: Mar 10, 2021, 06:04 PM IST Social networking giant Facebook on Wednesday announced the launch of an all-new app called Instagram Lite. The aim of launching the app is to connect even more of the world's population. The new app is called Instagram Lite, and it is a trimmed-down version of one of the company's most popular and most successful platforms Instagram. The new app, Instagram Lite is built on the lines of the popular Facebook Lite app, which has over 200 monthly active users.