Amit Jain: The Visionary Behind CarDekho's Success

Amit Jain is the Chief Executive Officer (CEO) and Co-founder of GirnarSoft, an IT externalizing company that launched CarDekho in 2008. The CarDekho website and mobile application help its users buy the right vehicle they are looking for. The reliable reviews of experts help the users differentiate and compare the vehicles to buy the most preferable one. The comparisons are done through detailed information, pictures, and videos of the brands and models available in India.

Amit Jain CarDekho's co-founder is soon going to be seen judging the popular show, Shark Tank India along with other sharks. Discover more about Amit Jain's net worth, personal and professional life, education, and more.

Amit Jain- Biography

Amit Jain - Family
Amit Jain - Education
Amit Jain - Professional Life
Amit Jain - Position of Responsibility
Amit Jain - Shark Tank India
Amit Jain - Success Story
Amit Jain - CarDekho
Amit Jain - GirnarSoft

Amit Jain - Family

Amit Jain, the Cardekho owner was born and brought up in India. He completed his academics in Jaipur and Delhi. His mother, Nilma Jain is a homemaker and his father, the Late Mr. Prashant Jain was an ex-RBI officer and also a gemstone businessman. Amit has a younger brother, Anurag Jain who is the co-founder and COO of CarDekho Group. Amit's wife, Pihu Jain is the Head of Girnar Foundation. Amit Jain has twin sons.

Amit Jain - Education

Amit Jain, CarDekho's CEO did his schooling at Saint Xavier's School, Jaipur. After finishing school, Amit studied science and passed the Engineering Entrance Exam. He then got into IIT Delhi.

Amit Jain - Professional Life

In the year 1999–2000, Amit worked as a Software Engineer at Tata Consultancy Services. After that, he worked as a Senior Associate, Delivery Manager, and Product Manager at Trilogy for about 6 years and 11 months. In 2007, Amit co-founded GirnarSoft, the IT firm, along with his brother Anurag Jain, with the dream of starting a business from their hometown. Later, in 2008, Amit and Anurag both co-founded CarDekho.com, the flagship portal of GirnarSoft.

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Amit Jain - Position of Responsibility

He established a company named GirnarSoft with his brother in 2007, which launched CarDekho in 2008. He is the CEO of the company and Co-Founder along with his brother. He aimed to build an online platform that would drive traffic from Google and appear at the top. Amit and his brother dreamed of establishing a million-dollar company through an IT-based firm. His efforts paid off with fruitful results. Their online venture, CarDekho, eventually gained huge gross profits.

Millions of people visited the website and returned to learn about the reviews and features of various cars. Amit understood that this was going to work, and the brothers invested more employees and time in the CarDekho online venture. Buying a car is, for sure, an important decision for a middle-class family, they need to have proper guidance. CarDekho proves to be the best online platform that the common man needs.

Amit Jain - Shark Tank India

Shark Tank India Season One turned out to be a great success for numerous startups as well as the sharks. Amit Jain replaced the first season's most prominent shark, Ashneer Grover in the second season of Shark Tank India.

Amit was super thrilled to be a part of the show. While expressing his excitement, he wrote on his LinkedIn, "Looking forward to mentoring budding entrepreneurs on the show to build a new India."

Being a judge on one of the most popular shows among Indian audiences has undoubtedly added to Amit's success.

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Amit Jain - Success Story

Amit and his brother started with a small garage at their home. They dreamed of establishing an IT outsourcing firm, and soon a team of 20 people started working for them. The first year of the company proved to be profitable, and eventually, they could buy a place for an office. But in 2009, the company went bankrupt when the stock market crashed. At that time, the company had about 70–80 employees, and they didn't even have money to pay their salaries. Amit didn't know how he would manage the office expenses, salaries, etc. Without losing hope, he learned that it is very important to use corporate money with sanctity.

With a pre-established company, both the brothers started thinking of an online venture CarDekho. However, they were still in a dilemma of paying employees of their team. Still, they made CarDekho live in just two weeks. The idea of launching CarDekho came when they attended the Auto-Expo in Delhi. After doing the necessary calculations, they got to know that they could recover their loss through this online venture. The turning point came when they took CarDekho as an official flagship project.

Very few people think of initiating their business from their home town. Also, there are a few examples of people who have really started their ventures from their hometown and accomplished them gradually. Amit Jain is undoubtedly among those examples, who has not only established his firm but also brought huge success and fame to his name and hometown.

Amit Jain - CarDekho

Not a single penny was spent on marketing CarDekho, still, it achieved more popularity than any other application software launched by GirnarSoft. It has now become India's number one Autotech portal and Rajasthan's first unicorn startup. The company boasts having more than 35 million monthly unique users, 6000+ monthly used car sales, and 3000+ new cars sold monthly.

In 2013, the company got weighty funding from an American-based company, Sequoia Capital. It significantly attracted many companies for advertising because of the spectacular online presence of CarDekho. Later, it also acquired Gaddi.com in 2014 and Zigwheels in 2015. Without any doubt, CarDekho played a vital role in lifting the name of the parent company GirnarSoft. CarDekho became a unicorn startup in India after raising $250 million in its Series E funding round in October 2021, bringing its valuation to $1.2 billion.

CarDekho is planning to launch an IPO in 2025 and is talking to investment banks about it. The company aims to raise INR 3,000 crore to INR 4,000 crore. The bankers for the IPO will be chosen soon, according to a source. With an estimated worth of $2 billion to $2.5 billion, the IPO would almost double its prior valuation.

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CarDekho Group Acquisitions Under Amit Jain's Leadership

After completing 11 terrific years of CarDekho, Amit Jain CarDekho owner disclosed the new Logo in February 2019. The snazzy new logo manifests the automated settings of the app. Like, whenever a new car comes on the market, an old and new comparison tool is designed to clear things up. Both the brothers acceded for a Logo especially designed on the pockets of their white shirts, be it old or new.

The basic aim of CarDekho was to provide data on different cars so that people may understand the features offered in a car. Comparison, reviews, and feedback are something that makes a product reliable and give satisfaction to the customer.

Amit Jain - GirnarSoft

GirnarSoft is a company providing business value-based IT solutions and services. Amit founded the company along with his brother in 2007. It is the parent organization of CarDekho and is headquartered in Jaipur, Rajasthan. The company offers a variety of services like mobile application development, Automotive, Outsourcing IT solutions, custom software development, etc. It operates automotive portals and marketplaces like PriceDekho, BikeDekho, InsuranceDekho,OTO.com, and various other portals around the world.

CarDekho Success Story - How It Finds the Right Cars for the Users?

CarDekho founded by Amit and Anurag in 2008, is a car search venture that helps users buy the right cars. Read about CarDekho net worth, founders, competitors, business & revenue model, funding, etc.

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FAQs

Who is CarDekho owner?

The CarDekho Founders are Amit Jain and Anurag Jain. Amit Jain is also the CEO of CarDekho.

What is Amit Jain education?

Amit Jain is an IIT Delhi passout.

Who is in Amit Jain family?

Amit Jain is married to Pihu Jain. They have twin sons together.

What is Amit Jain age?

Amit Jain was born on 12 November 1976. He is 48 years old.