Prateek Suri

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Prateek Suri
Prateek Suri, the richest Indian billionaire in Africa with $1.4bn net worth.jpg
Born
Prateek Suri

(1988-04-05) April 5, 1988 (age 37)
Delhi, India
Education BITS Pilani (B.Sc., mechanical engineering)
Alma mater Modern School (New Delhi)
Occupationentrepreneur

Prateek Suri (born April 5, 1988) is an Indian-born entrepreneur and investor, he is the founder of Maser Group, a consumer electronics company operating primarily in Africa and the Middle East. He is also the founder of MDR Investments, a venture capital firm focused on infrastructure, mining, and emerging technologies. [1] As of 2025, Suri is considered one of the wealthiest Indian nationals residing in Africa, his net worth is estimated at $1.9 billion. [2] [3]

Contents

Early life and education

Suri was born in Delhi, India. He attended Modern School, Barakhamba Road, completing his secondary education in 2006. He later enrolled at the Birla Institute of Technology and Science (BITS Pilani), Dubai Campus, where he earned a bachelor's degree in mechanical engineering in 2010. [4]

Career

During his undergraduate studies, Suri interned at Keihin Panalfa Limited in 2008. After graduation, he worked briefly as a sales and marketing associate at Kingsmen Middle East LLC. He also operated a small trading business in Delhi, focusing on consumer electronics. [5]

In 2012, Suri founded Maser Group, initially targeting the African market with affordable smart televisions and electronic devices. The company sold over 800,000 units across the continent. Under his leadership, Maser Group reached a valuation of over $5 billion and was acquired by SCG Asia in 2024. [6] [7] Following the acquisition of Maser Group, Suri launched MDR Investments, a venture capital firm. The firm has been involved in projects across Africa. [8]

Suri is the founder of the Maser Foundation, which supports initiatives development in underserved African regions. The foundation has partnered with local governments and NGOs. [9] [10] In 2024, Suri published a memoir titled Gateway to Africa, which details his entrepreneurial experiences in the African business markets. [11] [12]

Awards and recognition

AwardCategoryYearResult
Gulf Business Awards Investment Leader of the Year [13] 2024Won
Lokmat Young Corporate Leader Award [14] 2023Won
Gulf Business Awards Technology Business Leader of the Year [15] 2023Won

Suri was listed in the Arabian Business 2024 special issue of Dubai 100 and in February 2025, he received the Legends of Entrepreneurship Award from Entrepreneur Middle East. [16] [17]

References

  1. "News – Maser" . Retrieved 7 September 2025.
  2. Emoekpere, Esther (6 September 2025). "Prateek Suri: The youngest and richest Indian billionaire in Africa, worth almost $2 billion". Businessday NG. Retrieved 7 September 2025.
  3. East, Forbes Middle. "Prateek Suri: Increasing Ties To Africa Through Innovation". Forbes ME. Retrieved 6 September 2025.
  4. "Prateek Suri". Penguin Random House India. Retrieved 7 September 2025.
  5. ameh, patience (11 June 2025). "Zimbabwe Ministers Meet Billionaire Prateek Suri For Talks". Voice of Nigeria Broadcasting Service. Retrieved 6 September 2025.
  6. Okojie, Josephine (17 December 2024). "Asia's SCG acquires $5bn stake in Maser Group". Businessday NG. Retrieved 7 September 2025.
  7. "Zanzibar President awards Gate to Africa's Indian billionaire Prateek Suri" . Retrieved 6 September 2025.
  8. Meshioye, David (5 September 2025). "Island Clearance Sparks Wealth Surge for Prateek Suri, Africa's Youngest Billionaire". The Guardian Nigeria News - Nigeria and World News. Retrieved 6 September 2025.
  9. "Iloh Chigozie". Maser Foundation. Retrieved 7 September 2025.
  10. Auma, Stephany. "Business mogul Prateek Suri turns focus to charity". The Standard. Retrieved 6 September 2025.
  11. "Exposé: Inside "Gateway to Africa"—The Memoir of Africa's Youngest Billionaire, Prateek Suri". THISDAYLIVE. 4 September 2025. Retrieved 6 September 2025.
  12. Ige, Tofarati (30 August 2025). "Tech billionaire, Prateek Suri's memoir becomes instant bestseller on Amazon". Punch Newspapers. Retrieved 7 September 2025.
  13. "Prateek Suri | Gulf Business". 21 August 2024. Retrieved 6 September 2025.
  14. Report, Agency (1 June 2023). "Lokmat International Award: Prateek Suri, Maser CEO, bags Young Corporate Leader award". Punch Newspapers. Retrieved 18 September 2025.
  15. https://gulfbusiness.com/revealed-winners-at-the-gulf-business-awards-2023/
  16. Writer, Staff (8 February 2024). "Dubai 100: Meet the 100 people you need to know in the emirate in 2024 - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More" . Retrieved 18 September 2025.
  17. "The Recap: Legends of Entrepreneurship Awards". Entrepreneur. 14 February 2025. Retrieved 26 October 2025.