What is Amit Jain net worth? The CEO and co-founder of GirnarSoft, an IT outsourcing business that introduced CarDekho in 2008, is Amit Jain. Users of the CarDekho website and mobile application assisted in purchasing the ideal car.
Users can compare and contrast vehicles to choose the best one thanks to the trustworthy evaluations of professionals. The brands and models that are accessible in India are compared using comprehensive data, images, and videos.
Amit Jain Business, Age and Biography
Have a look at a few facts about Amit Jain’s business and whole biography. Here are some of the facts linked with Amit Jain net worth and career.
| Full Name | Amit Jain |
| Known For | Co-founder and CEO of CarDekho Group |
| Profession | Entrepreneur, Business Executive |
| Birth Year | 1976 |
| Amit Jain age | 48 years |
| Place of Birth | Jaipur, Rajasthan, India |
| Education | Bachelor’s in Technology (IIT Delhi) |
| Early Career | Worked at Trilogy, Austin, Texas
Co-founding CarDekho 2008, along with brother Anurag Jain |
| Notable Ventures | CarDekho, BikeDekho, InsuranceDekho |
| Achievements | Expanded CarDekho into a major player in the automobile and finance sectors, with multiple subsidiaries |
| Amit Jain wife | Pihu Jain |
| CarDekho net worth | CarDekho net worth in rupees is Rs 9,769 crore |
| Philanthropy | Involved in education and social initiatives |
| Hobbies | Reading, Traveling |
Early Life And Education
The proprietor of Cardekho, Amit Jain, was born and raised in India. He finished his schooling in Delhi and Jaipur. His late father, Mr. Prashant Jain, was a former RBI official and gemstone entrepreneur, while his mother, Nilma Jain, is a stay-at-home mom.
Anurag Jain, Amit’s younger brother, is the COO and co-founder of the CarDekho Group. Pihu Jain, Amit’s wife, is the Girnar Foundation’s head. There are twin sons of Amit Jain. So what is Amit Jain net worth becoming so high?
The CEO of CarDekho, Amit Jain, attended Saint Xavier’s School in Jaipur for his education. Amit studied science and passed the Engineering Entrance Exam after graduating from high school. Then he was accepted to IIT Delhi.
Amit Jain And Shark Tank India
For several entrepreneurs and sharks, Shark Tank India Season One proved to be a huge success. In Shark Tank India’s second season, Amit Jain took Ashneer Grover’s place as the most notable shark from the first season.
Being a part of the show made Amit very happy and increased Amit Jain net worth. Excited, he commented on LinkedIn, “Looking forward to mentoring budding entrepreneurs on the show to build a new India.”
Amit’s career has surely been aided by his role as a judge on one of the most-watched shows in India.
Success Story Of Amit Jain
At first, Amit and his brother’s house had a tiny garage. A group of twenty people soon began working for them as they pursued their aim of starting an IT outsourcing company. The business turned a profit in its first year, and soon they were able to purchase an office space.
However, when the stock market plummeted in 2009, the company went insolvent. Around 70 to 80 people worked for the company at the time, and they lacked the funds to cover their salaries. Amit had no idea how he was going to handle the office costs, salaries, etc. He discovered, without giving up, how crucial it is to handle company funds with integrity.
Both brothers began considering an online business, CarDekho, with an existing company. They were still having trouble paying their team members, though. Nevertheless, it only took two weeks to have CarDekho up and running. Attending the Auto-Expo in Delhi gave them the idea to start CarDekho.
They discovered that they could recoup their loss through this online endeavor after performing the required computations. The decision to make CarDekho their official flagship initiative marked a sea change.
Amit Jain And His Company CarDekho
Despite spending zero dollars on marketing, CarDekho outperformed all other GirnarSoft application products in terms of popularity. It is currently the top Autotech platform in India and the first unicorn business in Rajasthan.
The company claims to have over 3000 new automobiles sold each month, over 6000 used cars sold each month, and over 35 million unique users each month.
The business received significant funding in 2013 from Sequoia Capital, an American firm. Because of CarDekho’s amazing internet presence, it greatly attracted a lot of businesses for advertising.
Afterward, it also purchased Zigwheels in 2015 and Gaddi.com in 2014. Unquestionably, CarDekho was crucial in improving the parent business GirnarSoft’s reputation. In October 2021, CarDekho raised $250 million in its Series E investment round, increasing its valuation to $1.2 billion and making it a unicorn firm in India.
CarDekho is discussing its plans to go public in 2025 with investment banks. Raising between INR 3,000 crore and INR 4,000 crore is the company’s goal. A source claims that the bankers for the IPO will be selected shortly. The IPO would nearly triple its previous valuation, with an estimated $2 billion to $2.5 billion.
Summary
Few people consider starting a business in their hometown. There are also a few instances of persons who actually began their businesses in their hometown and worked their way up. Without a doubt, one such individual is Amit Jain, who has not only established his firm, he climbed up the ladder of fame, and all of these factors affect Amit Jain net worth.
