Meet Pearl Kapur, the 27-year-old who is India's youngest billionaire

The growing Indian economy is pushing entrepreneurship to unprecedented levels. Cutting-edge Web3 cybersecurity startup Zyber 365 last year reached a major milestone when it raised hundreds of millions of dollars in funding, which resulted in an astounding $1.2 billion valuation. With the startup’s successful fundraising, Pearl Kapur, the 27-year-old founder, has etched his name as India’s youngest billionaire in the country’s entrepreneurial history. Here’s all we know about the meteoric rise of Zyber 365. Meet India’s youngest billionaire As the company’s founder and CEO, Pearl Kapur has amassed an impressive net worth of $1.1 billion (about Rs 9,129 crore), with a dominating 90 per cent share in Zyber 365.

Kapur is regarded as a pioneer in the field of Web3 technology. He graduated from Queen Mary University of London with an MSC in Investment Banking (CFA Pathway), the news channel said in a report. Before founding Zyber 365, he worked for over two years as a Financial Advisor at AMPM Store and as a Business Advisor at Antier Solutions. In February 2022, he founded Billion Pay Technologies Pvt Ltd as a result of his entrepreneurial zeal. In addition, Kapur sees networking, team building, and scalability in business valuation. About Zyber 365 Zyber 365 is a Web3 and AI-based OS startup founded by Indian-origin entrepreneur Pearl Kapur and ethical hacker Sunny Vaghela (CPO) in May 2023. The startup offers a decentralised and cyber-secured operating system with a strong focus on environmental sustainability. According to the press release, Zyber 365’s innovative portfolio comprises a diverse range of Web3 products, including Layer-0, Layer-1, and Layer-2 blockchains, decentralised identities, data analytics, software development kits, web browsers, non-fungible token (NFT) marketplaces, and initial coin offerings (ICOs). These offerings can be customised to cater to individual user requirements or collectively leveraged to create a comprehensive Web3 ecosystem. The company, which has its headquarters in London and operations in Ahmedabad, Gujarat, has been dubbed the fastest unicorn in Asia and India after achieving a valuation of $1.2 billion (about Rs 9,840 crore) in just three months. For those unversed, a unicorn is a startup that is valued at more than $1 billion. Securing $100 million in funding Last year in August, the startup raised $100 million in Series A funding, with 8.3 per cent of the funds coming from the agrarian company SRAM and MRAM Group, who saw the enormous potential in Zyber 365, according to NDTV. This recent investment positions Zyber 365 to expand its operations and offerings in the Indian market, aligning perfectly with India’s economic growth initiatives, including Prime Minister Narendra Modi’s ambitious “Make in India” campaign, the release said. After raising USD 100 million, Zyber 365’s co-founder Vaghela said, “With this infusion of capital, we are now well-equipped to accelerate our products development for Web3, AI Products." “This investment will not only fuel our growth, but it will also solidify its foothold in the Web3 ecosystem with a diversified portfolio of used cases related to AI, cybersecurity,” the Economic Times quoted him as saying. In the future, according to Kapur, the convergence of exponential technologies like blockchain, artificial intelligence, and cybersecurity with sustainable practices will lead to what he refers to as “Globalisation 3.0,” a solution that will empower the majority of people. With inputs from agencies