Meet Pearl Kapur: At 27, he’s India’s youngest billionaire

Justin
By Justin
3 Min Read

planner: Business desk

Last updated: February 8, 2024 15:34 US Standard Time

As India’s economy booms, entrepreneurship is reaching new heights. Out of this wave, a new luminary emerged, reshaping the story of victory at an incredibly young age. As India’s youngest billionaire, 27-year-old Pearl Kapur has firmly stamped her name on the entrepreneurial streets. As the founder and CEO of Web3 startup Zyber 365, Kapoor has earned the distinction of being India’s youngest billionaire, amassing a staggering net worth of $1.1 billion.

Pearl Kapoor Education

A renowned graduate of Queen Mary University of London with an MSc in Investment Banking (CFA Pathway), Kapur is a pioneer whose entrepreneurial journey begins in May 2023. Notably, he has been promoted to majority shareholder with a 90% stake in Zyber 365 Technologies Ltd (UK).

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Pearl Kapur’s success stems from the meteoric rise of his company, Zyber 365.

Founded in May 2023, Zyber 365 is a prominent Indian company focused on blockchain technology and cybersecurity artificial intelligence ecosystem. Its main base is in the United Kingdom but firmly maintains India as its main center of operations. The company, headquartered in London and operating from Ahmedabad, Gujarat, is known as the fastest-growing unicorn in India and Asia, with a valuation of $1.2 billion (approximately Rs. 9,840 crore).

Pearl Kapoor Net Worth

Kapoor has an impressive net worth of $1.1 billion (approximately Rs. 9,129 crore) and holds a 90% majority stake in the company.

Recognizing the huge potential of Zyber 365, Sram & Mram Group made a significant investment of 8.3%, injecting $100 million in Series A funding. This strategic capital infusion values ​​the startup at $1.2 billion (approximately Rs. 9,840 crore).

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The company’s EVM-compatible smart contract platform serves as a layer 1 chain utilizing a Proof-of-Authority (PoA) consensus mechanism, emphasizing sustainability, security and energy efficiency, in line with the goals of humanity and the United Nations Sustainable Development Goals.

Prior to joining Zyber 365, Pearl Kapur’s career included serving as a financial advisor for AMPM Store and a business advisor for Antier Solutions. Driven by entrepreneurial spirit, he founded Billion Pay Technologies Pvt Ltd in February 2022.

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By Justin
Justin, a prolific blog writer and tech aficionado, holds a Bachelor's degree in Computer Science. Armed with a deep understanding of the digital realm, Justin's journey unfolds through the lens of technology and creative expression.With a B.Tech in Computer Science, Justin navigates the ever-evolving landscape of coding languages and emerging technologies. His blogs seamlessly blend the technical intricacies of the digital world with a touch of creativity, offering readers a unique and insightful perspective.