Blog

AI and Web3 startup ZYBER 365 has entered the unicorn club with a Series A funding of $100 million (around Rs 818.7 crore), at a valuation of $1.2 billion. The funding round was spearheaded by UK-based SRAM & MRAM Group.

This makes ZYBER 365 the 109th unicorn in India’s startup ecosystem, the startup said in a statement.

Founded in May 2023 by Indian-origin entrepreneurs Pearl Kapur and Sunny Vaghela, ZYBER 365 is involved in Web3, AI and cybersecurity, with a focus on sustainability.

With its headquarters in London and an operational base in India, the company aims to make India the hub of its operations.

@media (max-width: 769px)
.thumbnailWrapper
width:6.62rem !important;

.alsoReadTitleImage
min-width: 81px !important;
min-height: 81px !important;

.alsoReadMainTitleText
font-size: 14px !important;
line-height: 20px !important;

.alsoReadHeadText
font-size: 24px !important;
line-height: 20px !important;

Also Read

Ethereal Machines raises $7.3M funding from Peak XV’s Surge, Blume Ventures, and others

The company said the funding round garnered significant investments from other prominent investors as well. The capital will be used in fuelling the company’s expansion plans, enhancing its technological capabilities, and solidifying its global market presence, it said.

SRAM & MRAM Group recently announced a $3.64-billion investment in a semiconductor fabrication unit in Odisha. It also announced a $100-million investment in the air cargo business of SpiceXpress.