You must have heard the news that in the upcoming season of ‘Shark Tank India’, former BharatPe founder Ashneer Grover will not be coming. He has been replaced by Amit Jain. Lets us update you about the new Shark. Read the complete article. It includes Amit Jain Biography, Net worth, Early Life, Career, Family and much more about the unicorn car-selling company owner.
Amit Jain Biography
Amit Jain, the CEO and Co-founder of ‘CarDekho’, is 46 old Indian businessman. He was born on 12th Nov 1977. He did his schooling at St. Xavier’s School, Jaipur. He studied at IIT Delhi. After gaining much experience and doing research, He co-founded ‘CarDekho’, a leading Car search company, in 2008.
He is in the news as he will be coming as a Judge on Shark Tank India Season 2. It will be hosted by the comedian Rahul Dua. Amit Jain’s company also do resell old cars to buyers looking for a second-hand ride. They have tie-ups with many auto manufacturing companies; they have worked with more than 4 thousand dealers and multiple institutions that help finance the buyers who buy the vehicles.
Amit Jain Net Worth
Amit Jain’s company today is a unicorn that is valued at the cost of 12 billion Dollars. They have been included in other ventures like ‘BikeDekho’, ‘CollegeDekho’, etc. He has also expanded his business in Indonesia.
The other ventures where Amit has invested include Fintech’s ‘Rupyy’ is providing more than 13% market share in India. They have even acquired other businesses in the auto field, like Gaadi.com and Zigwheels. Reportedly the company has more than 3500 new car dealerships in India.
Recently, in 2022, the company has also added loans providing services to buyers who do not want or afford to spend the money at once. They sell all brand’s cars to the people as well as help in the delivery of their vehicles. They also provide car insurance to buyers through InsuranceDekho.com.
Amit Jain Early Life
Amit Jain studied engineering at IIT in Delhi. Then worked as an engineer in a firm. Then took other jobs and learned about various technicalities. The thought of selling cars came when he once visited an auto fair in Delhi. Then the journey regarding the ‘CarDekho’ business started to take form, and it took years to become one of the unicorn companies in India.
Amit Jain company’s investor list includes HDFC bank, Ratan TATA, Google Capital, Hillhouse Capital, Times Internet and others.
Amit Jain Career
Amit Jain has taken a very long ride to reach the top destination. Let us look at his career journey. In 1999, He worked as Software Engineer at Tata Consultancy Services.
Then gave services as a Senior Associate. Then worked as a Delivery Manager as well as a Product Manager from the year 2000 to 2007 in a company, Trilogy.
Thereafter he opened a small business office at home and collaborated with the Girnar Software Company with his brother. Then they attended an auto expo in New Delhi in 2008, which lit the idea of having their own business regarding the automobile.
They worked on their thought and intent of utilising the tech and providing the mass with the best car selling and buying experience. Then they made an online site where the buyers or sellers can come find the right information and check the right reviews before spending any money. It took seven years to drive it to the position it is today as profitable.
Amit Jain Family
Amit’s father’s name is Prashant Jain; he was an RBI officer and gemstone businessman. He died in 2006. Amit’s mother, Nilima Jain, manages the home. He has one brother younger than him, Anuraj Jain. He is also the co-founder and CarDekho’s COO.
Amit Jain married Pihu Jain, who works at Girnar Software Company. They are blessed with twin boys; their names are Aayan and Aahil.
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