Who is Pearl Kapur, the 27-year-old who built company worth Rs 9,800 crore?

Since the start of the 21st century, India has witnessed a steady surge in the number of entrepreneurs.

Entrepreneurship in the country received yet another significant boost recently when 27-year-old Pearl Kapur claimed to be India's youngest billionaire after accumulating a valuation of $1.1 billion (approximately Rs 9,129 crore).

Here's everything you need to know about Pearl Kapur:

• Kapur graduated from London's Queen Mary University and holds an MSC in Investment Banking and began his entrepreneurial journey in May 2023. Before establishing Zyber 365, Kapur had worked as a financial advisor at AMPM Store and as a business advisor at Antier Solutions. In February 2022, he founded Billion Pay Technologies.


• In May last year, he founded Zyber 365, an Indian company that specialises in blockchain technology and cybersecure AI ecosystems.


• Zyber 365 is headquartered in United Kingdom with its India operations running from Ahmedabad, Gujarat and in less than a year since being founded, the firm had garnered acclaim as India and Asia's fastest-growing unicorn, with a valuation of $1.2 billion (approximately Rs 9,840 crore).


• Kapur has a net worth of $1.1 billion (approximately Rs 9,129 crore) and commands a majority share of the 90 per cent in the company.


• Identifying the company's potential, the Sram & Mram Group made a significant investment of $100 million in Series A funding, which further propelled Zyber 365's valuation.


• Zyber 365's EVM Compatible Smart Contract Platform, which functions as a Layer 1 Chain using the Proof of Authority (PoA) consensus mechanism, focuses on security, energy efficiency and sustainability which is in line with Humanity & United Nations SDG goals.