Amit Jain is an Indian entrepreneur best known for being the CEO and co-founder of CarDekho.
Wiki/Biography
Amit Jain was born on Friday, November 12, 1976, in Jaipur, Rajasthan (46 years; as of 2022). His zodiac sign is Scorpio. He studied at St. Xavier’s High School, Jaipur. He pursued his Bachelor of Technology degree from Delhi Institute of Technology (1995-1999).
appearance
Height (approximately): 5′8″
Weight (approximately): 70kg
Hair color: black
Eye color: black
family
Parents and siblings
His father Prashant Jain, a Reserve Bank of India official and gem trader, died in 2006. His mother Nilima Jain is a housewife. He has a younger brother, Anurag Jain, who is the co-founder and COO of CarDekho.
Amit Jain and his brother
wife and children
Amit’s husband Pihu Jain works at Girnar Software Pvt Ltd. The couple has twin sons Aayan Jain and Aahil Jain.
Amit Jain with wife and son
other relatives
His grandfather, the late Dr. Dharam Singh Jain, was a famous astrologer.
entrepreneur
In 1998, after completing engineering, he started working as a software engineer at Tata Consultancy Services. In 2000, he began working at the software development company Trilogy, where he was responsible for the website www.YourBillBuddy.com. He worked there for seven years. In 2006, he opened a small office in his garage and founded the software company GirnarSoft with his brother Anurag. In 2008, after attending the New Delhi Auto Expo, they decided to launch the CarDekho portal to provide users with reliable information and reviews on used and new cars. After the boom of their portal CarDekho, they launched various other ventures such as InsuranceDekho, BikeDekho and CollegeDekho. Under his leadership, CarDekho has gone through a number of key acquisitions, including Gaadi in 2014, ZigWheels in 2015, PowerDrift in 2018 and Carmudi Phillipines in 2019. In 2022, he served as a judge on the TV show Shark Tank 2.
In 2022, their company launched a new company to provide loans to people who want to buy used cars. In an interview, Amit spoke about this venture and said;
There are many institutions that offer loans for new cars. But that’s not the case with used cars. This gave us the idea to create a platform of 15 lenders. We tie up with banks on the back end, and we join forces with dealers on the front end. Previously, the approval rate for used car loans was 40%. But with so many people available for loans, loan interest rates soared to 75%. We used technology to reduce approval time from 12 to 15 days to 3 days. “
net worth
As of October 2023, his net worth was estimated to be Rs. 29 billion rupees.
Favorites
- Book: Built to Last by Jim Collins
- Song: “Love You Zindaji” from “Dear Zindaji”
Facts/Trivia
- In 2006, he and his brother quit their jobs and returned to their hometown to take care of their father who was suffering from cancer. In Jaipur, they worked for a while in their father’s gem business.
- When they started their business, they encountered many problems. In 2009, they lost around Rs. 1 Crore of shares and not even the funds to pay employees salaries.
- In 2013, Sequoia Capital, an American company, provided funding to their company.
- In 2016, he attended and spoke at the SURGE event in Bangalore.
- He was often spotted smoking on different occasions.
Amit Jain smokes ciagratte
Categories: Biography
Source: HIS Education