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ToggleEswaran Mohan and Renuga Nair, two bright minds hailing from Universiti Teknologi Malaysia (UTM), have landed a spot on Forbes’ 30 Under 30 Asia list for 2025. This isn’t just a win for them; it’s a testament to the growing innovation happening in Malaysia and Southeast Asia. Their company, Exar Technologies, is making waves in the world of immersive technology, and it’s exciting to see what they’re bringing to the table.
Exar Technologies isn’t just another tech startup throwing buzzwords around. They’re focused on building tools that make immersive experiences more accessible and practical. Think of virtual reality (VR) and augmented reality (AR) – technologies that have promised a lot but haven’t always delivered. Exar is working to bridge the gap between the potential and the reality, creating solutions for industries ranging from entertainment to education. It’s about moving beyond the novelty and finding real-world applications that improve how we live and work. The specific details of their technology is sparse, but the focus on accessibility suggests addressing issues of cost, complexity, and user-friendliness that have held back broader adoption of immersive technologies.
UTM’s role in this story shouldn’t be overlooked. The university has clearly fostered an environment where creativity and entrepreneurship can thrive. It’s not just about teaching technical skills; it’s about encouraging students to think outside the box and develop solutions to real-world problems. Eswaran and Renuga’s success is a reflection of the quality of education and support that UTM provides. This recognition on the Forbes list should also serve as inspiration for other aspiring innovators at UTM and across Malaysia.
It’s easy to get caught up in the hype surrounding VR and AR, but the true potential lies in their ability to solve problems across various sectors. Imagine surgeons using AR to guide them through complex procedures, or students exploring historical sites through immersive VR experiences. Exar Technologies appears to be focusing on these practical applications, and that’s what sets them apart. They’re not just building cool gadgets; they’re creating tools that can make a tangible difference in people’s lives. By focusing on making these technologies accessible, they are lowering the barrier to entry for wider adoption, which can lead to more widespread and impactful use cases.
Eswaran and Renuga’s recognition on the Forbes 30 Under 30 Asia list highlights the growing importance of Asia in the global tech landscape. The region is no longer just a manufacturing hub; it’s a hotbed of innovation, with talented entrepreneurs and researchers driving advancements in various fields. Exar Technologies is a prime example of this trend, showcasing the potential of Malaysian startups to compete on a global stage. Their success contributes to the narrative of Asia as a leading force in shaping the digital future.
While the recognition is a huge achievement, the journey is far from over. Exar Technologies will undoubtedly face challenges as they scale their business and navigate the ever-evolving tech landscape. Competition is fierce, and staying ahead requires continuous innovation and adaptation. However, the opportunities are immense. With the growing demand for immersive experiences across various industries, Exar Technologies has the potential to become a major player in the global market. Their focus on accessibility and real-world applications positions them well for long-term success.
The story of Eswaran and Renuga is more than just a business success story; it’s an inspiration to aspiring entrepreneurs across Malaysia and beyond. It demonstrates that with hard work, dedication, and a strong educational foundation, it’s possible to turn innovative ideas into reality. Their journey serves as a reminder that the future of technology is being shaped by young, talented individuals who are passionate about making a difference in the world. They are proof that innovation can come from anywhere, and that Malaysian universities are capable of producing world-class talent.
Exar Technologies, led by Eswaran Mohan and Renuga Nair, represents a new wave of innovation coming out of Asia. Their focus on accessible and practical immersive technology solutions has earned them well-deserved recognition, and their journey is one to watch. They are not just building a company; they are helping to shape the future of digital experiences.



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