India is home to hundreds of billionaires, with businessmen like Mukesh Ambani and Gautam Adani amongst the richest of them all. However, in business, age is just a number as many young entrepreneurs are entering the coveted billion-dollar club. But who is India’s youngest billionaire?
Meet India’s youngest billionaire
Pearl Kapur, Founder and CEO of ZYBER 365 (109th unicorn in India), is India’s youngest billionaire at age 27. According to The Financial Express, ZYBER 365 — a Web3 and AI-based OS start-up revolutionizing retail — is an Indian blockchain technology and cyber secure AI ecosystem firm with its headquarters in London, UK, and an India branch in Ahmedabad, Gujarat. The company has also been touted as India’s and Asia’s fastest unicorn, achieving the milestone in just three months.
According to DNA India, SRAM & MRAM Group, an agrarian company, saw potential in ZYBER 365 and invested 8.3% of the $100 million in funding. Owing to this, the start-up reached a towering valuation of $1.2 billion (approximately Rs 9965 crore). Pearl Kapur, who owns a 90% stake in ZYBER 365 Technologies Ltd, has a staggering net worth of $1.1 billion (approximately Rs 9134 crore).
Pearl Kapoor holds a degree in MSC Investment Banking (CFA Pathway) from Queen Mary University Of London. According to his LinkedIn page, Kapur is known as an “innovator of EVM Compatible Web3 Layer 1 Proof of Authority (PoA) sustainable chain.” The young businessman is a “staunch believer that aggregation of exponential tech like blockchain, AI, cyber security benchmarked with sustainable practices would create a solution that would empower masses and create Globalization 3.0,” according to his website.
Pearl Kapur launched ZYBER 365 in May 2023 with Sunny Vaghela, Co-Founder and CPO, who is deemed one of India’s top ethical hackers. Kapur currently resides in Monaco, Europe. ZYBER 365 aims to make India the central hub for its operations, according to The Financial Express.
