India-Born Prateek Suri Develops Strong Business Ties in Africa: Commits Large Amount for Philanthropy

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Maser Group’s USD 5 billion acquisition of SCG Asia recently propelled Suri’s net worth to USD 1.4 billion, securing his place at the top of Africa’s rich list. He also leads MDR Investments, a venture capital firm specialising in mining, infrastructure, shipping, and artificial intelligence (AI).

Billionaire India-born entrepreneur Prateek Suri, Africa’s richest Indian billionaire, has pledged a significant portion of his wealth to philanthropy through a newly established foundation. His commitment, one of the largest individual donations in history, will focus on education, healthcare, and child development across Africa, funding schools, teacher training programs, and medical initiatives in underserved communities.

Born in Delhi, India, Suri had humble beginnings. He attended Modern School, Barakhamba Road, before earning a degree in mechanical engineering from BITS Pilani, Dubai. His entrepreneurial breakthrough came in 2012 when he founded Maser Group, focusing on affordable consumer electronics tailored for the African market. His flagship product, a smart television, became a massive success, selling over 800,000 units across the continent.

Maser Group’s USD 5 billion acquisition of SCG Asia recently propelled Suri’s net worth to USD 1.4 billion, securing his place at the top of Africa’s rich list. He also leads MDR Investments, a venture capital firm specialising in mining, infrastructure, shipping, and artificial intelligence (AI).

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Suri credits his time in Africa for shaping his business vision. Now, he’s channeling his success into philanthropy, pledging long-term support for Africa’s economic and social development.