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In the dynamic landscape of Indian entrepreneurship, a new luminary has emerged, challenging conventional notions of success and rewriting the narrative of achievement at an incredibly young age. At 27, Pearl Kapur has etched his name in entrepreneurial history as India’s youngest billionaire, thanks to the meteoric rise of his startup, Zyber 365.
Founded in May 2023, Zyber 365 has quickly become a disruptive force in the retail sector, leveraging Web3 and AI-based technologies to revolutionize operations. Within a mere three months of its inception, the company achieved the coveted unicorn status, boasting a staggering valuation of ₹9,840 crore (approximately $1.2 billion).
Headquartered in London with operations based in Ahmedabad, Gujarat, Zyber 365 has earned recognition as India and Asia’s fastest-growing unicorn. Spearheading this remarkable success story is Pearl Kapur, the Founder and CEO of Zyber 365, whose visionary leadership has propelled the company to unprecedented heights.
Kapur’s remarkable journey to entrepreneurial stardom is marked by a relentless pursuit of innovation and a deep understanding of emerging technologies. Holding a commanding 90% share in Zyber 365, Kapur’s net worth has soared to a remarkable $1.1 billion (₹9,129 crore), underscoring his significant stake in the company’s success.
The recent infusion of $100 million in Series A funding further solidifies Zyber 365’s position in the market, with 8.3% of the investment coming from the SRAM & MRAM Group, an agrarian company that recognized the immense potential in Kapur’s venture.
A graduate in MSC Investment Banking (CFA Pathway) from Queen Mary University of London, Kapur is widely acclaimed as an innovator in the realm of Web3 technology. His previous experiences as a Financial Advisor at AMPM Store and a Business Advisor for Antier Solutions laid the foundation for his entrepreneurial journey, culminating in the founding of Billion Pay Technologies Pvt Ltd in February 2022.
Looking ahead, Pearl Kapur envisions a future where the convergence of exponential technologies like blockchain, AI, and cybersecurity, coupled with sustainable practices, empowers the masses and paves the way for what he terms as Globalization 3.0.
As Kapur continues to chart new territories in the world of entrepreneurship, his remarkable achievements serve as a testament to the boundless potential of young innovators and the transformative power of disruptive startups like Zyber 365.
Sources By Agencies
