How Indian-Origin Entrepreneurs Like Arun Kar are Reshaping the UK Economy
Arun Kar, with an estimated net worth of $145 million, is reshaping the UK economy through his ventures in technology, sustainability, and real estate. His flagship company, Xpertnest, and environmental initiative, Earthnest, highlight the growing influence of Indian-origin entrepreneurs in the UK.
Indianorigin EntrepreneursUk EconomyArun KarXpertnestSustainabilityReal EstateMay 26, 2025
Building a business empire in today’s competitive environment demands overcoming significant challenges, from securing funding to navigating complex regulations. Yet, a select group of self-made entrepreneurs has achieved remarkable financial success. The 2024 Sunday Times Rich List notes over 50 Indian-origin individuals in the UK with net worths exceeding £100 million, a testament to their strategic vision and perseverance.
Arun Kar exemplifies this success with an estimated net worth of $145 million, as assessed by a SEBI-registered Category-I Merchant Banker. His wealth stems from a diverse portfolio spanning technology, sustainability, and real estate. Kar’s flagship venture, Xpertnest, founded in 2016, has grown from a bootstrapped startup into a multinational digital innovation company without external funding. Operating across the UK, Europe, India, and the Middle East, Xpertnest delivers solutions for smart cities, digital infrastructure, and AgriTech platforms, earning recognition from Apple for its IoT-based utility management and 5G app deployment.
Kar’s focus on sustainability is equally impactful. Through Earthnest, he addresses plastic pollution with biodegradable packaging aligned with the United Nations Sustainable Development Goals. Earthnest’s products have gained traction, including a successful pilot with Paultons Park, a leading UK family theme park. This blend of technology and environmental consciousness positions Kar as a model for modern entrepreneurship tackling global challenges like urbanization and climate change.
The broader Indian diaspora in the UK echoes Kar’s achievements. Industry giants like the Hinduja brothers, with their £28.5 billion conglomerate, and Lakshmi Mittal, a global steel magnate, have long been prominent. However, newer entrepreneurs like Kar are making their mark through bootstrapped ventures that prioritize long-term value. A 2023 Barclays Private Bank study found that 65% of Indian-origin entrepreneurs in the UK favor self-funding, a strategy Kar has perfected, as validated by top UK valuation firms and reported by Reuters and the Financial Express.
Beyond business, these entrepreneurs are transforming communities. Kar mentors startups and invests in ventures driving social and environmental change, fostering ethical leadership. The UK’s Indian-origin business community also contributes significantly to philanthropy, with annual donations exceeding £1 billion, per a 2024 Giving Pledge report.
As the UK solidifies its status as a global innovation hub, Indian-origin entrepreneurs like Arun Kar are setting new standards. Their strategic foresight, disciplined execution, and commitment to societal impact provide a roadmap for aspiring business leaders worldwide, signaling a bright future for UK entrepreneurship.
Frequently Asked Questions
Who is Arun Kar?
Arun Kar is a prominent Indian-origin entrepreneur based in the UK with an estimated net worth of $145 million. He is the founder of Xpertnest, a multinational digital innovation company, and Earthnest, a sustainability-focused venture.
What is Xpertnest?
Xpertnest is a multinational digital innovation company founded by Arun Kar in 2016. It provides solutions for smart cities, digital infrastructure, and AgriTech platforms and has gained recognition from Apple for its IoT-based utility management and 5G app deployment.
What is Earthnest?
Earthnest is a sustainability-focused company founded by Arun Kar. It addresses plastic pollution by producing biodegradable packaging solutions aligned with the United Nations Sustainable Development Goals.
How do Indian-origin businesses contribute to the UK economy?
Indian-origin businesses in the UK employ over 100,000 people and generate revenues surpassing £50 billion annually. They are significant contributors to the UK's innovation and economic growth, as highlighted by the 2024 UK India Business Council report.
What is the significance of self-funding in Indian-origin entrepreneurship?
Self-funding is a common strategy among Indian-origin entrepreneurs in the UK, with 65% favoring this approach. This strategy allows for greater control and long-term value creation, as seen in the success of Arun Kar and his ventures.
Related News Articles
Proptech Firms Witness a 4% Decline in Funding to $657 Million in FY24
Proptech firms have secured $4.6 billion in funding over the years, with a slight decline of 4% to $657 million in FY24, indicating a shift in investor sentiment.
Surge in Real Estate Prices: Tier-2 Cities Close the Gap with Top 8 Indian Cities
Real estate property prices in Tier-2 cities are surging, driven by economic diversification, infrastructure development, and reverse migration.
West Chennai Real Estate Boom: Metro Connectivity Drives Demand for High-End Homes
Discover the latest trends in West Chennai real estate market with the upcoming metro connectivity. Find out why homebuyers are shifting towards larger spaces and high-value homes.
Merlin Group Launches New Brand Identity to Drive Future Growth
Merlin Group, a leading real estate developer, has unveiled a new brand identity, marking a significant step in its journey to solidify its position as an industry leader and accelerate growth over the next decade.
BJP and RSS Insulting Tribals by Referring to Them as Vanvasis Instead of Adivasis
The recent controversy surrounding the use of the term 'vanvasi' by BJP and RSS leaders has sparked a heated debate. Tribals and their supporters argue that the term is demeaning and prefer 'adivasi,' which is acknowledged more widely. This article delves
India's Luxury Housing Market on the Rise: CREDAI-MCHI
CREDAI-MCHI, the apex body of real estate developers in India, has released a report highlighting the surge in the luxury housing market in the country. The report indicates a significant increase in demand and investment in high-end properties, driven by