The Rise of Prateek Suri: How an accidental electronic shipment to Africa turned into a widely successful business

Today, Prateek Suri is one of the youngest billionaires and the richest Indian in Africa

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Prateek Suri
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Executive bio

Prateek Suri

CEO Maser Group

Expert

After building a successful electronic company in Africa, Prateek Suri wants to focus on investing, women empowerment, and improving healthcare in Africa.

From humble beginnings to global recognition, Prateek Suri’s rise has been nothing short of inspirational, a story of vision, resilience, and purpose. What began as an accidental shipment to Africa turned into one of the most remarkable business success stories of the decade.

That unforeseen event became the spark behind Maser, a consumer electronics powerhouse that transformed how Africa experienced technology.

Under Suri’s leadership, Maser rapidly grew into a symbol of innovation and trust across the continent.

Starting with smart TVs, the brand expanded into a wide range of home and personal electronic appliances, dominating African markets with quality, affordability, and local assembly.

Year after year, Maser’s growth figures astonished analysts, delivering not just soaring revenues but also consistent profitability, a rarity in large-scale electronics ventures, and eventually crossing $1 billion in annual revenue.

What makes Maser stand out is not only its numbers but its sustainability and profitability, a combination few modern brands achieve. Prateek Suri’s management philosophy was rooted in balance: scale fast, but with a conscience; innovate, but remain grounded.

His own journey from a young trader navigating customs clearances to a self-made billionaire became a story that inspired entrepreneurs across continents.

With Maser firmly established, Suri diversified his vision through MDR Investments, a venture capital and infrastructure fund focused on Africa’s next growth frontier. MDR Investments quickly emerged as a major player in funding large-scale projects in infrastructure, mining, roadways, shipping, and artificial intelligence ventures.

Among its most dynamic new divisions is luxury yacht trading, sourcing elite vessels from Europe and selling them across Africa, a niche that combines Suri’s love for innovation and global lifestyle industries.

His growing focus on mining projects underscores his belief that Africa’s natural resources, if developed responsibly, can power the continent’s economic independence.

Yet, beyond business success, what truly defines Prateek Suri’s journey is the transformation of purpose. After building enormous wealth, he realised that prosperity without purpose is hollow.

This led him to create the Maser Foundation, a philanthropic initiative dedicated to education, women’s empowerment, and healthcare across Africa. Through it, he often says he found a new meaning of life that true success is not measured by wealth, but by the lives one uplifts.

Outside the boardrooms and business conferences, Suri nurtures a deep personal passion for horses. For him, they symbolise calm, discipline, and freedom. His love for equestrian life led him to acquire several prized horses in London, where he spends time reflecting, strategising, and reconnecting with nature.

Today, Prateek Suri stands not only as one of the youngest billionaires and the richest Indian in Africa, but as a leader redefining the intersection of business and humanity. His empire spanning technology, infrastructure, and philanthropy embodies a powerful message: true greatness lies not in what you build, but in what you give back.

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