Prateek Suri
Prateek Suri | |
|---|---|
Prateek Suri at the World Governments Summit 2026 | |
| Born | Prateek Suri April 5, 1988 Delhi, India |
| Education | BITS Pilani (B.Sc., mechanical engineering) |
| Alma mater | Modern School (New Delhi) |
| Occupation | entrepreneur |
Prateek Suri (born April 5, 1988) is an Indian-born entrepreneur and investor, he is the founder of Maser Group.[1][2] Suri is considered one of the wealthiest Indian nationals residing in Africa.[3][4][5]
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.[6][7]
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.[8]
In 2014, Suri founded Maser Group, operating in the Indian market, where the company focused on consumer electronics.[9][10] In 2019, Suri expanded the company's operations to Dubai, from which electronic devices were redistributed to markets in Africa, the company sold over 800,000 units across the continent.[11][12] Under his leadership, Maser Group's consumer electronics division got acquired in 2024.[13][14] Following the acquisition of Maser, Suri launched MDR Investments, a venture capital firm active in projects across Africa.[15][16] Suri is also involved in mining activities in several African countries and in Argentina.[17][18][19]
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.[20] In 2024, Suri published a memoir titled Gateway to Africa, which details his entrepreneurial experiences in the African business markets.[21][22]
Awards and recognition
| Award | Category | Year | Result |
|---|---|---|---|
| Gulf Business Awards | Investment Leader of the Year[23] | 2024 | Won |
| Lokmat | Young Corporate Leader Award[24] | 2023 | Won |
| Gulf Business Awards | Technology Business Leader of the Year[25] | 2023 | Won |
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.[26][27] In 2026, Suri attended the World Governments Summit, where he was a speaker.[28][29]
Personal life
Suri is married to Deepali Dey, and they have a daughter named Myra.[30]
References
- ^ "News – Maser". Retrieved 7 September 2025.
- ^ Bizimungu, Julius (10 March 2026). "Billionaire Prateek Suri holds $150m open oil position without stop-loss as market climbs". The New Times. Retrieved 11 May 2026.
- ^ Emoekpere, Esther (6 September 2025). "Prateek Suri: The youngest and richest Indian billionaire in Africa, worth almost $2 billion". BusinessDay. Lagos, Nigeria. Retrieved 7 September 2025.
- ^ East, Forbes Middle. "Prateek Suri: Increasing Ties To Africa Through Innovation". Forbes ME. Retrieved 6 September 2025.
- ^ Kayombayire, Eric Bright (10 March 2026). "Africa's richest Indian Prateek Suri backs President Mnangagwa's nation-building vision". The New Times. Retrieved 11 May 2026.
- ^ Tamta, Prashant. "Meet Prateek Suri, the richest Indian in Africa, who runs Rs 44385 crore business empire, his net worth is..." DNA India. Retrieved 11 May 2026.
- ^ "Prateek Suri". Penguin Random House India. Retrieved 7 September 2025.
- ^ ameh, patience (11 June 2025). "Zimbabwe Ministers Meet Billionaire Prateek Suri For Talks". Voice of Nigeria. Retrieved 6 September 2025.
- ^ "Maser (Household Appliances) 2026 Company Profile: Valuation, Investors, Acquisition | PitchBook". pitchbook.com. Retrieved 15 June 2026.
- ^ Pattanaik, Anwesha (6 February 2026). "Maser announces $1.6bn investment in Africa's tech and farming sectors". Investment Monitor. Retrieved 15 June 2026.
- ^ Rabab (14 June 2020). "Start-up MASER achieves 200,000-units sales milestone - TECHx Media". Retrieved 5 June 2026.
- ^ Staff, Entrepreneur Middle East (29 May 2025). "The Billion-Dollar Ascent of Prateek Suri: From Delhi Grit to Pan-African Power". Entrepreneur Middle East. Retrieved 5 June 2026.
- ^ Okojie, Josephine (17 December 2024). "Asia's SCG acquires $5bn stake in Maser Group". BusinessDay. Lagos, Nigeria. Retrieved 7 September 2025.
- ^ "Zanzibar President awards Gate to Africa's Indian billionaire Prateek Suri". P.M. News. Lagos, Nigeria. Retrieved 6 September 2025.
- ^ Meshioye, David (5 September 2025). "Island Clearance Sparks Wealth Surge for Prateek Suri, Africa's Youngest Billionaire". The Guardian. Lagos, Nigeria. Retrieved 6 September 2025.
- ^ Newspaper, The Peninsula (28 April 2026). "Inside Prateek Suri's GCC, Africa driven strategy for scaling Maser Group globally". thepeninsulaqatar.com. Retrieved 11 May 2026.
- ^ Pathak, Satyendra (10 May 2026). "Prateek Suri: Africa's youngest billionaire powering a global tech and investment empire". Qatar Tribune. Retrieved 11 May 2026.
- ^ Osoro, Peter. "Power, prestige and prosperity: The story of the richest Indian in Africa". The Standard. Retrieved 19 April 2026.
- ^ "How Argentina's mines minister convinced Africa's billionaire Prateek Suri to bet on copper". Monitor. 24 November 2025. Retrieved 19 April 2026.
- ^ Auma, Stephany. "Business mogul Prateek Suri turns focus to charity". The Standard. Retrieved 6 September 2025.
- ^ "Exposé: Inside "Gateway to Africa"—The Memoir of Africa's Youngest Billionaire, Prateek Suri". This Day. 4 September 2025. Retrieved 6 September 2025.
- ^ Ige, Tofarati (30 August 2025). "Tech billionaire, Prateek Suri's memoir becomes instant bestseller on Amazon". The Punch. Retrieved 7 September 2025.
- ^ "Prateek Suri | Gulf Business". 21 August 2024. Retrieved 6 September 2025.
- ^ Report, Agency (1 June 2023). "Lokmat International Award: Prateek Suri, Maser CEO, bags Young Corporate Leader award". The Punch. Retrieved 18 September 2025.
- ^ Muzoriwa, Kudakwashe (29 November 2023). "Revealed: Winners of the Gulf Business Awards 2023".
- ^ 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.
- ^ "The Recap: Legends of Entrepreneurship Awards". Entrepreneur. 14 February 2025. Retrieved 26 October 2025.
- ^ Bankole, Idowu (6 February 2026). "President Mnangagwa holds strategic talks with Prateek Suri on transforming Zimbabwe's economy". Vanguard. Lagos, Nigeria. Retrieved 23 February 2026.
- ^ Yusuf, Akin (7 February 2026). "Global Tycoon Prateek Suri, Africa's Youngest Billionaire, Meets President Mnangagwa in Landmark Dialogue". Independent. Lagos, Nigeria. Retrieved 23 February 2026.
- ^ "Africa gave me second beginning – Maser Group CEO, Suri". The Punch. 21 February 2026. Retrieved 23 February 2026.