Odisha’s Pride: Xpertnest Founder Arun Kar Joins UK’s Business Elite with $145M Net Worth

[Arun Kar honoured with the prestigious Mahatma Gandhi Samman at the House of Commons, British Parliament.] Bhubaneswar, May 31, 2025— In an age dominated by startup valuations and venture capital pomp, Arun Kar’s journey stands apart — a narrative defined not by overnight success but by persistent resilience, clarity of purpose, and quiet determination.

Born in Odisha, India, and raised in a modest household, Kar’s early life was marked by adversity. One of the most defining moments came in 1999, when he survived the devastating Super Cyclone that ravaged the eastern coast of India. “Witnessing the destruction and the quiet strength of my community left a lasting impact,” he recalls.

That formative experience planted the seeds of a lifelong mission: to build solutions that serve both people and planet. Kar’s path initially led to military service. After clearing India’s Combined Defence Services examination with an all-India rank of 152, he was commissioned into the Indian Army’s Artillery Arm. For seven years, he served with distinction, often in some of the country’s most demanding environments.

Kar said, “The Army taught me the value of leadership under pressure, discipline, and unwavering accountability”. Those lessons would prove critical in the chapters to come.

Battleground to Boardroom Following his military tenure, Kar transitioned to the corporate world, working with leading global IT firms including Tech Mahindra and Virtusa. There, he gained exposure to digital transformation, enterprise systems, and global operations — insights that laid the foundation for his entrepreneurial vision.

In 2016, he founded Xpertnest alongside partners Chintan Panara and Pradip Butani. With no external funding, the team started from scratch — quite literally from their living rooms. Their first project brought in just $900. But what followed was nearly a decade of steady, values-driven growth.

Today, the company is a global digital innovation firm headquartered in London, with operations spanning the UK, Europe, India, and the Middle East. The company’s portfolio includes smart city infrastructure, AgriTech platforms supporting Indian farmers, and critical applications for Fortune 500 companies and national law enforcement agencies.

Their technology has powered everything from 5G event solutions to IoT-based utility management systems. Notably, several of their applications have been featured in Apple’s enterprise success stories — a testament to the firm’s technical acumen and real-world impact.

In early 2025, the company was independently valued at over $100 million, a figure verified by both a SEBI-registered Category-I Merchant Banker and a UK-based valuation firm, with the milestone reported across the London Stock Exchange (RNS), Reuters, and the Financial Express.

Building a Greener Future Kar’s ambitions extend beyond technology. In recent years, he launched Earthnest, a sustainability venture focused on biodegradable and plastic-free packaging solutions. The company’s flagship product — Bio Bags — aligns with the United Nations Sustainable Development Goals and is already in use across the UK, including a successful trial with Paultons Park, one of Britain’s top family attractions.

“Technology must serve humanity and the environment — not just profit margins,” Kar says.

A Quiet Rise In May 2025, Arun Kar’s personal net worth was independently assessed and certified at $145 million by a SEBI-registered Category-I Merchant Banker, based on his equity in Xpertnest, stakes in other high-growth ventures, and a portfolio of income-generating real estate. Yet, despite reaching multimillionaire status long before public recognition, Kar remains grounded.

His next goal? To support emerging leaders and startups through mentorship, investment, and ethical governance. “Impact is the true measure of success,” he acknowledges.

Kar’s journey — from cyclone survivor to Army officer, tech innovator to sustainability champion — is a rare tale of purpose over hype. It serves as a powerful reminder that in an age of instant gratification, long-term vision, discipline, and integrity still have a place at the heart of innovation.

Media contact person Kanhu Raj, Premium NewsWire.

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(The story has come from a syndicated feed and has not been edited by the Tribune Staff).