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  • Meet Pearl Kapur: At 27, He Is India’s Youngest Billionaire
Written by Sanjeev Sharma09/02/2024

Meet Pearl Kapur: At 27, He Is India’s Youngest Billionaire

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Curated By: Business Desk

Last Updated: February 08, 2024, 15:34 IST

Pearl Kapur possesses an impressive net worth of $1.1 billion (approximately Rs 9,129 crore), commanding a majority share of 90% in the company.

Kapur, a notable graduate of Queen Mary University of London holding an MSC in Investment Banking (CFA Pathway), is a pioneer whose entrepreneurial voyage commenced in May 2023.

With the flourishing Indian economy, entrepreneurship is reaching new pinnacles. Amid this surge, a fresh luminary has risen, reshaping the tale of triumph at an incredibly youthful age. At the age of 27, Pearl Kapur has firmly imprinted his name in the streets of entrepreneurship as India’s youngest billionaire. As the founder and CEO of the Web3 startup Zyber 365, Kapur has clinched the esteemed distinction of being India’s youngest billionaire, accumulating a remarkable net worth of $1.1 billion.

Pearl Kapur Education

Kapur, a notable graduate of Queen Mary University of London holding an MSC in Investment Banking (CFA Pathway), is a pioneer whose entrepreneurial voyage commenced in May 2023. Remarkably, he has ascended to the position of majority shareholder, holding a commanding 90% stake in Zyber 365 Technologies Ltd (UK).

Journey

Pearl Kapur’s triumph stemmed from the rapid ascent of his venture, Zyber 365.

Established in May 2023, Zyber 365, a notable Indian firm specialising in Blockchain Technology and Cybersecure AI Ecosystems, has its main base in the UK but is steadfast in its resolve to establish India as its primary operational centre. Headquartered in London while operating from Ahmedabad, Gujarat, the company has garnered acclaim as the fastest-growing unicorn in India and Asia, boasting a valuation of $1.2 billion (approximately Rs 9,840 crore).

Pearl Kapur Net Worth

Kapur possesses an impressive net worth of $1.1 billion (approximately Rs 9,129 crore), commanding a majority share of 90% in the company.

Acknowledging the vast potential of Zyber 365, the Sram & Mram Group has made a significant investment of 8.3%, injecting $100 million in Series A funding. This strategic financial infusion has propelled the startup to a valuation of $1.2 billion (approximately Rs 9840 crore).

The firm’s EVM Compatible Smart Contract Platform, functioning as a Layer 1 Chain utilising the Proof of Authority (PoA) consensus mechanism, emphasises sustainability, security, and energy efficiency, in line with the goals of Humanity & United Nations SDG Goals.

Before Zyber 365, Pearl Kapur’s professional journey encompassed roles as a Financial Advisor at AMPM Store and a Business Advisor for Antier Solutions. Driven by his entrepreneurial spirit, he founded Billion Pay Technologies Pvt Ltd in February 2022.

Business Desk

A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings …Read More

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