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Saturday, April 27, 2024

India’s Youngest Billionaire: Pearl Kapur’s Rapid Ascent with Zyber 365 Technologies

At 27, Kapur's unicorn startup reaches $1.2 billion valuation in just 3 months, reshaping India's tech landscape

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Sahra Ardah
Sahra Ardah
International artist, art director and producer. Covering human stories and trending topics. She has a PhD in History of Art (2009), and Journalism Master Honors (2009-2011).

INDIA: The entrepreneurial landscape in India is abuzz with anticipation as 27-year-old Pearl Kapur rises as the nation’s youngest billionaire, commanding an impressive net worth of $1.1 billion. Kapur’s extraordinary odyssey at the helm of Zyber 365 Technologies Ltd, a pioneering Web3 and AI-based OS startup, has mesmerized industry observers with its unparalleled growth trajectory. Launched in May 2023, Zyber 365 swiftly ascended to unicorn status in a remarkable 3-month span, achieving a valuation of $1.2 billion (approximately Rs. 9,840 crore).

Kapur’s meteoric rise is a testament to her visionary leadership and strategic acumen. With a remarkable 90% shareholding in Zyber 365, she has positioned herself as a driving force behind the company’s rapid ascent. The startup, headquartered in London with operational bases in Ahmedabad, Gujarat, secured a groundbreaking $100 million in Series A funding round in July 2023. Notably, 8.3% of the investment came from the prestigious SRAM & MRAM Group, further solidifying Zyber 365’s position as a frontrunner in the tech sphere.

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Pearl Kapur’s entrepreneurial journey is marked by a blend of tenacity, foresight, and industry expertise. Prior to her groundbreaking venture with Zyber 365, Kapur honed her skills as a Financial Advisor at AMPM Store and served as a Business Advisor for Antier Solutions. Her educational background includes an MSC in Investment Banking (CFA Pathway) from Queen Mary University of London, underscoring her proficiency in financial management and strategic planning.

Also Read: Guillermo Campoamor’s Journey from Wine Connoisseur to Urban Mobility Entrepreneur

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Zyber 365 Technologies aims to revolutionize the digital landscape with its innovative Web3 products, spanning Layer-0, Layer-1, and Layer-2 blockchains, decentralized identities, data analytics, software development kits, web browsers, non-fungible token (NFT) marketplaces, and initial coin offerings (ICOs). Kapur’s visionary approach and unwavering dedication have positioned Zyber 365 as a trailblazer in the tech industry, reshaping the future of digital innovation in India and beyond.

Previously, Zerodha’s co-founder Nikhil Kamath held the title of India’s youngest billionaire at the age of 37. However, Pearl Kapur‘s remarkable achievement at the age of 27 marks a historic milestone in India’s entrepreneurial landscape, inspiring aspiring entrepreneurs and cementing her legacy as a visionary leader in the tech world.

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Also Read: TOTIUM’s Evolution: Marieke Bruinstroop Takes CEO Helm as Simone Scovell Drives Expansion

Author

  • Sahra Ardah

    International artist, art director and producer. Covering human stories and trending topics. She has a PhD in History of Art (2009), and Journalism Master Honors (2009-2011).

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