{"id":4560,"date":"2024-01-31T05:53:34","date_gmt":"2024-01-31T05:53:34","guid":{"rendered":"https:\/\/thebestbiography.com\/?p=4560"},"modified":"2024-01-31T05:53:34","modified_gmt":"2024-01-31T05:53:34","slug":"amit-jain-biography","status":"publish","type":"post","link":"https:\/\/thebestbiography.com\/amit-jain-biography\/","title":{"rendered":"Amit Jain (CEO and co-founder of CarDekho) Biography"},"content":{"rendered":"

Amit Jain, an IIT Delhi alumnus, is the CEO and co-founder of CarDekho, an online marketplace for buying and selling used cars. Previously, the entrepreneur worked for TCS and Trilogy, a Texas-based software company. <\/p>

Jain worked as a Software Engineer at Tata Consultancy Services from 1999 to 2000 when he graduated from IIT (TCS). Following his time at TCS, he worked as a Senior Associate in Austin for a Texas-based software company called ‘Trilogy.’ After his father became ill, he returned to India in 2006. This is when Amit decided to start his own IT outsourcing company in his hometown of Jaipur.<\/p>

Amit and his brother Anurag Jain turned their garage into a makeshift company to launch ‘Girnar Soft,’ kicking off his dream of establishing an IT firm. According to Startup Talky, the brothers quickly hired a team of 20 people for their company. The promo for Shark Tank India season two has been released, and Ashneer Grover is nowhere to be found. Some fans believe the show will be different without him.\u00a0
Amit Jain, the CEO and co-founder of, an online marketplace for buying and selling used cars, has reportedly replaced Grover as one of the show’s ‘Sharks.’ Amit Jain’s Height is 5ft 8 Inches and his Weight is 70 kg. Amit Jain’s Hair and Eye Color is Black. He loves to hear ‘Love You Zindagi’ from the movie ‘Dear Zindagi’. His Favorite movie is\u00a03 Idiots. Amit Jain loves reading. His favorite book is\u00a0Built to last by Jim Collins.<\/p>

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<\/p>

Amit Jain Biography<\/strong><\/h2>

<\/p>

Name<\/strong><\/td>Amit Jain<\/td><\/tr>
Age<\/strong><\/td>45 years<\/td><\/tr>
DOB<\/strong><\/td>12th Sep 1977<\/td><\/tr>
Nationality<\/strong><\/td>Indian<\/td><\/tr>
Religion<\/strong><\/td>Hindu<\/td><\/tr>
Profession<\/strong><\/td>Businessman<\/td><\/tr>
Company Name<\/strong><\/td>CarDekho<\/td><\/tr>
Headquarter<\/strong><\/td>Jaipur<\/td><\/tr>
Position<\/strong><\/td>CEO & Co-Founder<\/td><\/tr>
Family<\/strong><\/td>Mother \u2013 Housemaker<\/td><\/tr>
Sibling<\/strong><\/td>Anurag Jain<\/td><\/tr>
Marital Status<\/strong><\/td>Unmarried<\/td><\/tr>
Company Brand Ambassador<\/strong><\/td>Akshay Kumar<\/td><\/tr>
Instagram<\/strong><\/td>@Amit Jain<\/a><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>

<\/p>

Figure Measurements, Height and Weight<\/strong><\/h3>

<\/p>

Hair Color<\/strong><\/td>Black<\/td><\/tr>
Eye Color<\/strong><\/td>Black<\/td><\/tr>
Height<\/strong><\/td> 5 feet 7 inch<\/td><\/tr>
Weight<\/strong><\/td> 68 Kg<\/td><\/tr>
Figure Measurements<\/strong><\/td>Shoe Size \u2013 7(US)<\/td><\/tr><\/tbody><\/table><\/figure>

<\/p>

Amit Jain Educational Qualifications<\/strong><\/h3>
Schooling<\/strong><\/td>St. Xavier\u2019s School, Jaipur<\/td><\/tr>
Graduation<\/strong><\/td>IIT Delhi<\/td><\/tr><\/tbody><\/table><\/figure>

<\/p>

Family & Marital Status<\/strong><\/h3>
Father<\/strong><\/td>Business & Astrologer<\/td><\/tr>
Mother<\/strong><\/td>Homemaker<\/td><\/tr>
Brother Name<\/strong><\/td>Anurag Jain<\/td><\/tr>
Marital Status<\/strong><\/td>Married<\/td><\/tr><\/tbody><\/table><\/figure>

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<\/p>

Amit Jain got married to Pihu Jain. Pihu used to work at Girnar Private Limited. Pihu also works as the vice president of the software company the Jain brothers initially started. Soon the couple was blessed with twin sons. The twin sons of Amit Jain are named Aayan Jain and Aahil Jain.<\/p>

Amit Jain Wife and Children<\/strong><\/h2>

Amit Jain’s hometown and birthplace are Jaipur, Rajasthan, India. Amit Jain\u2019s brother is Anuraj Jain. Anuraj Jain is also the co-founder of Car Dekho.  Amit Jain got married to Pihu Jain. Pihu Jain works at Girnar Software Pvt Ltd as a Head. Amit Jian has two sons named Ayaan Jain and Aahil Jain, bot are 8 years old Twins.<\/p>

Amit Jain\u2019s Affairs and Relationships<\/strong><\/h2>

Amit Jain and Pihu Jain’s Marriage<\/strong><\/p>

Pihu Jain and Amit Jain got married. Pihu Jain is employed by Girnar Software Pvt Ltd. Amit Jain is a proud father of two sons.<\/p>

Also Read : Anupam Mittal (CEO of the Shaadi.com) Biography<\/a><\/strong><\/p>

Amit Jain\u2019s Struggles<\/strong><\/h2>

My family’s unwavering support has contributed significantly to my success. Back in 2006, my brother Anurag and I quit our jobs and moved back to Jaipur, where our entrepreneurial journey began in our small home garage, which we converted into a makeshift office, and incorporated GirnarSoft, a software outsourcing company with a big dream to build a billion-dollar company. After a year of working on GirnarSoft, we went to the 2008 Auto Expo in New Delhi and came back with the idea for our new venture, CarDekho.<\/p>

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Our goal was to use technology to provide users with the best-in-class car buying or selling experience possible. We created a website where people could come to get the right information and review cars before making a purchase decision. As they say, the road to success is not always smooth, and we encountered numerous stumbling blocks while developing CarDekho.\u00a0<\/p><\/div><\/div>

But we persevered and bootstrapped for 7 long years, turned CarDekho profitable, secured $15 million in Series-A funding in 2013, and grew to become a unicorn with a valuation of $ 1.2 billion. Looking back, I’d say that what began as a simple portal for new cars has now evolved into a complete ecosystem that provides a one-stop solution for auto buyers\/sellers that includes new cars, used cars, finance, and insurance. Our Used Auto Business is also one of the industry’s fastest-growing players, trading used cars in over 20 markets.<\/p>

We also founded Insurance Dekho, the largest B2B Insurtech in the country and one of the leading B2C insurance brokers. Rupyy, our Fintech venture, is a profitable company with a 13% market share in India. BikeDekho, CollegeDekho, and our acquisitions Gaadi.com and Zigwheels are also part of the group. We have also expanded into Indonesia, where we are the market leader in new and used car financing. Amit Jain wrote on LinkedIn.<\/p><\/div>

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Shark Tank India 2022<\/strong><\/h2>

Shark Tank India, the Indian adaptation of the World’s No.1 Business Reality format, returns with the second season, brought to you by Sony Entertainment Television and Sony LIV, following a brilliant first season that revved up India’s business growth engine and changed the way the country views entrepreneurship. Shark Tank India will once again give entrepreneurs the opportunity to pursue their entrepreneurial dreams by pitching their business ideas to experienced investors and business experts known as The Sharks. Amit Jain, co-founder, and CEO of CarDekho has taken the place of former BharatPe founder Ashneer Grover as a judge.\u00a0<\/p>

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Amit Jain is a native of Jaipur and a graduate of IIT Delhi. As the title suggests, Shark Tank India season 1 gave the audience a new perspective on their own businesses and a slew of entrepreneurial jargon like equity, valuation, shares, and so on! The season was the talk of the town, thanks to some innovative startups and appealing investments. The promo was directed by Abhinav Pratiman and produced by Early Man Films. It was written by Tanmay Bhat, Devaiah Bopanna, Puneet Chadha, and Deep Joshi.
<\/p><\/div><\/div>

Shart Tank India Season 2 judges are Anupam Mittal (Founder and CEO of Shaadi.com – People Group), Aman Gupta (Co-Founder and CMO of boAt), Namita Thapar (Executive Director of Emcure Pharmaceuticals), Vineeta Singh (Co-Founder and CEO of SUGAR Cosmetics), Peyush Bansal (Founder & CEO of Lenskart.com). Along with the judges, the cast also includes Rahul Dua, a highly talented stand-up comedian, who will host the show, this is the cast of Shark Tank India Season 2. So fasten your seatbelts and get ready to board the Shark Tank India 2 train, where fertile Indian minds will hatch innovative business ideas.<\/p>

Also Read : Aman Gupta (Entrepreneur) Biography<\/a><\/strong><\/p>

Personal Life of CarDekho Owner Amit Jain<\/strong><\/h2>

Amit Jain\u00a0was born & grown up in India & did his education from Jaipur to Delhi. The knowledge to run a business & make their own reorganizations was so far in his genes. His father ran a business of semi-precious gemstones & was an astrologer as a entire. His mother is a homemaker & provides a particular bond with his mother & brother Anurag Jain.<\/p>

Sadly, their father passed away cause cancer in 2006 & they have to hold ahead the family tradition. Even though, the brothers never had any interest in astrology cause of forecast can sometimes be in favour or sometimes opposed to them. Soon, they cleared to leave the family business & took the major decision of their life by opening their own company.<\/p>

Amit Jain Professional Life<\/strong><\/h2>

After obtaining graduated from one of the popular engineering institutions in India, Jain<\/a> was employed by Tata Consultancy Services as Software Engineer. As he did one year as an Engineer in TATA, Jain quickly changed the job hoping for more chances & was proffered the position of Senior Associate, Delivery Manager & Product Manager at Trilogy (a software-based company located in Austin, Texas).<\/p>

He  comeback back in the year 2006 after his father was identified with cancer. At that time, he came up with the plan of set up a million-dollar company IT contract out firm in his hometown that will pay for all his attempts with fruitful outcome.<\/p>

Business Accomplishments<\/strong><\/h2>

But Amit and his younger brother Anurag had to leave their job because of their father\u2019s fatal disease, which was getting worse. In 2006 when their father died, Amit and Anurag came back home to handle their family business of selling gemstones.<\/p>

But, two of them did not have any interest in the family business. So, they planned to start a software company instead. This company was named GirnarSoft. The company soon grew enough to start CarDekho in 2008.<\/p>

Amit Jain CarDekho<\/strong><\/h3>

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<\/p>

The Jain brothers developed the idea of starting CarDekho after they attended the Auto Expo held in New Delhi. So they designed a porta for delivering information to potential buyers about cars. The information was arranged in a way to help make buying decisions about the cars.<\/p>

They also developed an intuitive way of connecting the buyers and sellers of old cars through the websites they were building. But the start was never easy. While developing the website, Amit Jain and his brother faced a loss of Rs.1 Cr in the share and stock market.<\/p>

This huge loss was a massive stab at the heart of the business. But, in 2015, the business finally started to pick up pace. The Jain brothers finally saw a rise in the graph of the CarDekho business. The portal soon started to return the Jain brothers with a good amount of earnings \u2013 almost more than what they had initially thought of. This success also helped them get the attention of an American investment firm named\u00a0Sequoia Capital.<\/p>

Later, they merged the CarDekho website with Gaadi, Zigwheels, Carmudi Philippines, and Carddrift. Once CarDekho was a success, the siblings were ready to launch other businesses like InsurenceDekho, CollegeDekho, and BikeDekho.<\/p>

Three of these businesses were also able to grow and expand in their respective industries and generate revenue.<\/p>

Amit Jain\u2019s CarDekho Success Story<\/strong><\/h3>

The idea to start CarDekho came to the Jain brothers when they attended an Auto-Expo in Delhi. They realized that to make their mark in the market, they would have to think outside the box and decided to launch CarDekho for all car enthusiasts. The brothers started the business from their garage at home, and soon a team of 20 employees was working with them.<\/p>

After their first year in business proved to be profitable, the brothers eventually lost around 1 crore in stocks and were left with no money. This loss was a big lesson for them and helped them come back with a stronger aim: to invest the company\u2019s money more carefully. <\/p>

Although they were still haunted by the tension of clearing all their debts and paying their employees, their fighting spirit helped the company gain a huge amount of profits. The turning point came when they took CarDekho as an official flagship project.<\/p>

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<\/p>

Amit Jain Net Worth 2024<\/strong><\/h2>
\"\"<\/figure><\/div>

<\/p>

Amit Jain Net Worth<\/strong><\/h3>

A quick snapshot of what this one of the top sharks makes:<\/p>

  • Amit Jain Net Worth: <\/strong>$365 million<\/li>\n\n
  • Amit Jain\u2019s Net Worth In Rupees:<\/strong> Rs. 3017 crores<\/li>\n\n
  • Amit Jain\u2019s Yearly Salary:<\/strong> $80 million or Rs. 650 crores<\/li>\n\n
  • Amit Jain\u2019s Monthly Salary: <\/strong>$6.6 million or Rs. 54 crores<\/li><\/ul>

    Shark Tank India Season 2<\/strong><\/h3>

    Amit Jain\u2019s journey to success led him to the 2nd season of Shark Tank India. Replacing Ashneer Grover, Amit Jain showed up in the third week of the season and stuck with the show till the finale and invested Rs. 9.46 Crores of money into several startups. <\/p>

    Let\u2019s have a look over his investment journey during Shark Tank S2.<\/p>

    Week <\/td>Net Investments Of Amit Jain<\/td><\/tr>
    Week 3<\/td>Rs. 2.36 crores<\/td><\/tr>
    Week 4<\/td>Rs. 3.06 crores<\/td><\/tr>
    Week 5<\/td>Rs. 3.66 crores<\/td><\/tr>
    Week 6<\/td>Rs. 4.16 crores<\/td><\/tr>
    Week 7<\/td>Rs. 4.41 crores<\/td><\/tr>
    Week 8<\/td>Rs. 5.81 crores<\/td><\/tr>
    Week 9<\/td>Rs. 6.66 crores<\/td><\/tr>
    Week 10<\/td>Rs. 8.66 crores<\/td><\/tr>
    Week 11<\/td>Rs. 9.46 crores<\/td><\/tr><\/tbody><\/table><\/figure>

    <\/p>

    Amit Jain\u2019s Assets And Achievements<\/strong><\/h2>

    Today,\u00a0Amit Jain\u2019s net worth<\/em><\/strong>\u00a0stands at an impressive $365 million. He is a technology-oriented car lover with an immense collection of cars. He lives in a lavish mansion in Jaipur with his family.<\/p>

    His garage has a beautiful Blue Mercedes-Benz E-Class Cabriolet (worth Rs. 15 Lakhs ), a Honda City worth (Rs. 89 Lakhs), and many other luxury vehicles.<\/p>

    His contributions to the Indian startup ecosystem also earned him esteemed accolades, such as the Entrepreneur of the Year award at the Economic Times Awards for Corporate Excellence in 2016.<\/p>

    Interesting Facts about Amit Jain<\/strong><\/h2>
    • Every citizen in a country like India dreams of owning a car to make their lives easier and maintain their standard of living. Getting a car, on the other hand, isn’t easy because it involves a lot of research and visiting various showrooms.<\/li><\/ul>
      • Keeping the customer’s experience in mind when purchasing a car in mind, a young IITian targeted the audience and decided to enter the world of business with his brother as a partner. To put an end to your excitement, the entrepreneur’s name is Amit Jain, and he is the Chief Executive Officer (CEO) and Co-Founder of CarDekho. <\/li><\/ul>
        • Amit Jain was asked if he works more from the heart or the head. ‘Depending on the situation, I suppose I am both. The majority of the time, I am fairly objective. When it comes to people, I have more heart, and when it comes to business, I have more head.<\/li><\/ul>
          • When both brothers went to the Auto Expo in Delhi in 2008, they had the idea for CarDekho. In 2013, the company raised $15 million in Series-A funding. According to Amit Jain, the company is currently valued at $1.2 billion.<\/li><\/ul>
            • Amit Jain, the co-founder and CEO of CarDekho, has taken over as a judge on Shark Tank India in place of Ashneer Grover, the former founder of BharatPe. People expect newly hired judge Amit to match Ashner’s energy in the second season. Ashneer Grover was fired earlier this year and was embroiled in a contentious legal battle over alleged fraud. According to reports, he is planning to start another company.<\/li><\/ul>","protected":false},"excerpt":{"rendered":"

              Amit Jain, an IIT Delhi alumnus, is the CEO and co-founder of CarDekho, an online marketplace for buying and selling used cars. Previously, the entrepreneur worked for TCS and Trilogy, a Texas-based software company.  Jain worked as a Software Engineer at Tata Consultancy Services from 1999 to 2000 when he graduated from IIT (TCS). Following […]<\/p>\n","protected":false},"author":1,"featured_media":4589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[23],"tags":[2305,2306,2511,2512,2513,2514,2515,2273,22,2516,2517,2518,2519,36,2520,2521],"class_list":{"0":"post-4560","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-biography","8":"tag-aman-gupta","9":"tag-aman-gupta-as-shark-tank-india-judge","10":"tag-amit-jain","11":"tag-amit-jain-cardekho","12":"tag-amit-jain-net-worth","13":"tag-amit-jains-cardekho-success-story","14":"tag-amit-jains-struggles","15":"tag-anupam-mittal","16":"tag-biography","17":"tag-cardekho","18":"tag-ceo-and-co-founder-of-cardekho","19":"tag-dr-amita-jain","20":"tag-interesting-facts-about-amit-jain","21":"tag-politician","22":"tag-shark-tank-india-2022","23":"tag-shark-tank-india-season-2","24":"entry"},"yoast_head":"\nAmit Jain (CEO and co-founder of CarDekho) Biography<\/title>\n<meta name=\"description\" content=\"Find out more about Amit Jain ,(CEO and co-founder of CarDekho) Explore the Biography, and all details about the Shark Tank India\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebestbiography.com\/amit-jain-biography\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amit Jain (CEO and co-founder of CarDekho) Biography\" \/>\n<meta property=\"og:description\" content=\"Find out more about Amit Jain ,(CEO and co-founder of CarDekho) Explore the Biography, and all details about the Shark Tank India\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thebestbiography.com\/amit-jain-biography\/\" \/>\n<meta property=\"og:site_name\" content=\"The Best Biography\" \/>\n<meta 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