Curated By: Business Desk
Last Updated: February 08, 2024, 15:34 IST
Pearl Kapur possesses a formidable internet value of $1.1 billion (roughly Rs 9,129 crore), commanding a majority share of 90% within the firm.
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 economic system, entrepreneurship is reaching new pinnacles. Amid this surge, a recent luminary has risen, reshaping the story of triumph at an extremely youthful age. At the age of 27, Pearl Kapur has firmly imprinted his identify within 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 outstanding internet value 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 place of majority shareholder, holding a commanding 90% stake in Zyber 365 Technologies Ltd (UK).
Journey
Pearl Kapur’s triumph stemmed from the speedy ascent of his enterprise, Zyber 365.
Established in May 2023, Zyber 365, a notable Indian agency specialising in Blockchain Technology and Cybersecure AI Ecosystems, has its foremost base within the UK however is steadfast in its resolve to determine India as its major operational centre. Headquartered in London whereas working from Ahmedabad, Gujarat, the corporate has garnered acclaim because the quickest-rising unicorn in India and Asia, boasting a valuation of $1.2 billion (roughly Rs 9,840 crore).
Pearl Kapur Net Worth
Kapur possesses a formidable internet value of $1.1 billion (roughly Rs 9,129 crore), commanding a majority share of 90% within the firm.
Acknowledging the huge potential of Zyber 365, the Sram & Mram Group has made a major funding of 8.3%, injecting $100 million in Series A funding. This strategic monetary infusion has propelled the startup to a valuation of $1.2 billion (roughly Rs 9840 crore).
The agency’s EVM Compatible Smart Contract Platform, functioning as a Layer 1 Chain utilising the Proof of Authority (PoA) consensus mechanism, emphasises sustainability, safety, and power effectivity, according to the objectives of Humanity & United Nations SDG Goals.
Before Zyber 365, Pearl Kapur’s skilled journey encompassed roles as a Financial Advisor at AMPM Store and a Business Advisor for Antier Solutions. Driven by his entrepreneurial spirit, he based Billion Pay Technologies Pvt Ltd in February 2022.