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Reading: Former Army Officer Arun Kar Hits $145M Net Worth, Becoming One of the UK’s Fastest-Growing Indian-Origin Entrepreneurs – World News Network
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Latest World News Update > Blog > Business > Former Army Officer Arun Kar Hits $145M Net Worth, Becoming One of the UK’s Fastest-Growing Indian-Origin Entrepreneurs – World News Network
Business

Former Army Officer Arun Kar Hits $145M Net Worth, Becoming One of the UK’s Fastest-Growing Indian-Origin Entrepreneurs – World News Network

worldnewsnetwork
Last updated: June 3, 2025 12:00 am
By worldnewsnetwork 5 Min Read
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New Delhi [India], June 6: The compelling journey of Arun Kar spans disaster survival, military service, technological leadership, and environmental innovation. An Odisha-born entrepreneur and Indian Army veteran, he has quietly built a global enterprise valued at over $100 million. At the same time, he maintained a steadfast focus on purpose-driven innovation.
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 companies, and a portfolio of income-generating real estate assets. This milestone not only recognized financial achievement but validated nearly a decade of strategic, bootstrapped growth — and a lifetime of disciplined execution. He is a remarkable example of a vision rooted in service, discipline, and impact. Raised in modest circumstances in Odisha, one of the most defining moments of his early life came in 1999. In that year, he survived the catastrophic Super Cyclone that struck India’s eastern coast. “Witnessing the destruction and the quiet strength of my community left a lasting impact,” Kar reflects.
That early adversity brought his commitment to building solutions that benefit both humanity and the planet. His journey began with military service after securing an all-India rank of 152 in the Combined Defence Services Examination. He was commissioned into the Indian Army’s Artillery Arm and served with distinction for seven years in some of the country’s most challenging terrains. “The Army taught me the value of leadership under pressure, discipline, and unwavering accountability,” Kar says.

Bridging the Gap: Defence to Digital
After completing his military service, Kar transitioned to the corporate sphere, holding key positions at global IT firms Tech Mahindra and Virtusa. These roles provided deep exposure to digital transformation, enterprise systems, and international operations. The experience and insights shaped his entrepreneurial blueprint.
In 2016, he founded Xpertnest, a global digital innovation company, along with partners Chintan Panara and Pradip Butani. Starting with a modest $900 project and operating out of their living rooms, the founders grew the company without external funding. Today, Xpertnest is headquartered in London with active operations across the UK, Europe, India, and the Middle East.
The company’s impact-driven portfolio includes:
1. Smart city infrastructure
2. AgriTech platforms for Indian farmers
3. IoT-based utility systems
4. Critical applications for Fortune 500 firms and law enforcement agencies
Several of Xpertnest’s solutions have been spotlighted in Apple’s enterprise success stories. In early 2025, the company was independently valued at over $100 million by a SEBI-registered Category-I Merchant Banker and a UK-based valuation firm, with recognition from the London Stock Exchange (RNS), Reuters, and the Financial Express.
Earthnest: A New Chapter in Sustainable Enterprise
In parallel with his tech ventures, Kar launched Earthnest. This sustainability startup focused on eco-friendly packaging solutions. The company’s flagship product, Bio Bags, is aligned with the United Nations Sustainable Development Goals and is already deployed across the UK, including in collaboration with Paultons Park, one of the country’s leading family attractions. Kar emphasizes, “Technology must serve humanity and the environment–not just profit margins,”
Looking Ahead: Mentorship and Mission
Despite achieving multimillionaire status, Kar has remained grounded. His valuation is spread across Xpertnest equity, sustainable ventures, and real estate. All this success has never overshadowed his more profound commitment to making a positive impact and ethical leadership.
His upcoming efforts include mentorship initiatives and investments focused on building a new generation of principled entrepreneurs. “Impact is the true measure of success,” Kar states, reiterating his vision for responsible innovation.
From surviving a cyclone to leading global change, Arun Kar’s journey underscores that perseverance, clarity of purpose, and discipline remain enduring foundations in an age of rapid disruption.
Media contact person Kanhu Raj, Premium NewsWire.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)

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