Who is Amit Jain?
Amit Jain was born in Jaipur, Rajasthan, on November 12, 1976. He will be 46 years old in 2022. His sun sign is the Scorpio. He went at Jaipur’s St. Xavier’s Senior Secondary School. In the Institute of Technology, Delhi, he pursued a bachelor’s degree in technology (1995-1999).
Businessman and former RBI officer Prashant Jain, who was his father, passed away in 2006. Nilima Jain, his mother, is a housewife. Anurag Jain, his younger brother, is the co-founder and COO of CarDekho.
Amit Jain Education
St. Xavier’s Senior Secondary School in Jaipur is where Amit had his early education. He then enrolled in the Institute of Technology, Delhi (1995–1999) to finish his studies there, where he earned a bachelor’s degree in technology. After earning his engineering degree, he began working as a software developer with Tata Consultancy Services in 1998.
Shark tank india
The IIT Delhi graduate’s entrepreneurial journey began in 2006, when he and his brother Anurag Jain turned their garage into an office and established Girnarsoft, a software outsourcing business.
Amit Jain Current Net Worth
The Car Dekho enterprise was founded by Amit Jain and his partners. He was chosen to compete in Season 2 of Shark Tank India in Ashneer Grover’s place. IIT Delhi was Amit Jain’s place of study. In partnership with his brother, he founded the company “Car Dekho.com.”
His company now has a $1 billion market value. Amit Jain is thought to be valued around US $365 million. Amit Jain is the richest of the five sharks because his fortune exceeds that of the other five judges combined. Amit Jain enjoys sports a lot, and he to Qatar to see the FIFA World Cup.
Business Career of Amit Jain
As their father fell unwell, Amit Jain and his brother Anurag Jain had to constantly return home. It proved fatal, and he went dead shortly after, outliving his family and company in 2006. Amit and Anurag finally made their way back home in 2007 to settle down and take care of the family company. Due to their established reputation in the market at the time, they began selling gemstones. The two tried their hand at creating GirnarSoft, a software company, but gave up owing to lack of interest. In 2008, the business had expanded enough for them to experiment with the CarDekho software.
During their attendance at the New Delhi Auto Fair, the Jain siblings had the concept for CarDekho. They created the porta with the intention of providing accurate information about cards in order to assist potential buyers in making an excellent selection before to acquiring their vehicle. Additionally, they integrated the website in a way that allowed them to link buyers and sellers of used cards. They experienced a severe loss in stock marketing and shares of around Rs. 1 crore as they continued with this venture. The two had significant delays as a result, and it wasn’t until 2015 that they finally noticed a significant uptick in CareDekho’s graph. They were able to generate significantly higher profits from the gateway as it began to garner unrivaled popularity. Their plan was always favorably received, as evidenced by the fact that they were able to secure finance from the US company Sequoia Capital. They also combined CarDekho with businesses like Carddrift, Gaadi, Zigwheels, and Carmudi Philippines.
After founding CarDekho with great success, the siblings invested to build the bases of related businesses InsuranceDekho, BikeDekho, and CollegeDekho. The three businesses had significant market expansion and were able to make money.
Amit Jain Family
Pihu Jain, who apparently works for Girnar Software Private Limited, is married to Amit Jain. The couple is the parents of two twin sons. Anurag, his younger brother, and he get along well both inside and outside of the business sector.