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From starting as an employee to co-founding India’s largest online car-buying platform, Amit Jain’s entrepreneurial journey is nothing short of remarkable. His innovative strategies and unwavering focus on customer needs have helped him create a business empire that spans multiple markets.
In this article, we will deep dive into Amit Jain’s life and career, exploring his education, professional life, and success story.
Join us as we unravel the secrets to Amit’s success and discover the strategies that have helped him build a thriving business in the Indian tech industry.
Get to Know Amit Jain
With a passion for cars and a deep understanding of the automotive industry, Amit has taken the online car-buying world by storm. Amit Jain is the CEO and co-founder of CarDekho, which is one of the largest online car-buying platforms in India.
From Education to Entrepreneurship
Amit Jain has an impressive educational background. He received a Bachelor’s degree in Mechanical Engineering from Delhi College of Engineering in 2003. Later, he pursued an MBA from the highly regarded Indian Institute of Management (IIM) Ahmedabad, which he completed in 2006.
During his MBA, Amit participated in a student exchange program at ESSEC Business School in France. This gave him the opportunity to gain exposure to international business practices and valuable insights into the European market. Amit’s educational journey has undoubtedly played a key role in his success as a business leader today.
A Career Snapshot
Amit Jain began his professional career as a Senior Associate at McKinsey & Company, a global management consulting firm. He worked at McKinsey in New York and India, where he focused on the automotive and high-tech industries.
In 2008, Amit co-founded CarDekho along with his brother Anurag Jain. CarDekho is an online car-buying platform that offers a range of services from car research to financing, insurance, and roadside assistance.
Amit is widely recognized as a leading figure in the Indian startup ecosystem and has been featured in various publications, including Forbes Asia’s “30 Under 30” list in 2016. He is also a member of the Young Presidents’ Organization (YPO) and an advisor to several startups and early-stage ventures.
Meet the Jain Family
Amit Jain was born and raised in India. He finished his studies in Jaipur and Delhi. His mother, Nilma Jain, is a housewife, and his father, Late Mr. Prashant Jain, was a former RBI officer and a gemstone trader.
Anurag Jain, Amit’s younger brother, is the co-founder and COO of CarDekho Group. Pihu Jain, Amit’s wife, is the CEO of Girnar Foundation.
Amit Jain and CarDekho
Amit Jain, the co-founder, and CEO of CarDekho, has made waves in the Indian automotive industry by creating one of the largest online car-buying platforms in the country. Along with his brother Anurag Jain, Amit started CarDekho in 2008 as a car research website, and it has since grown into a comprehensive online platform offering a wide range of services related to buying and owning cars. With CarDekho, customers can easily find the vehicle of their dreams, compare prices, and even get help with financing. It’s no wonder CarDekho has become a go-to destination for car buyers across India!
CarDekho allows customers to research and compare new and used cars, get expert reviews and ratings, and find the best deals on car loans and insurance. In addition, the platform offers services such as car financing, insurance, and roadside assistance. CarDekho has a presence in over 800 cities in India, and its platform attracts millions of visitors each month.
Under Amit’s leadership, CarDekho has grown to become India’s largest online car-buying platform, with a team of more than 5,000 employees. The company has also expanded internationally, with operations in Indonesia and the UAE.
The revenue generated by CarDekho was $37.4 million. Previously, the company raised a historic $262.5 million fund.
GirnarSoft and Beyond
Amit Jain is the co-founder and CEO of GirnarSoft, which is the parent company of CarDekho, one of the largest online car-buying platforms in India. GirnarSoft is a technology company that develops software solutions for the automotive industry.
Under Amit’s leadership, GirnarSoft has grown to become a leading player in the Indian tech industry. In addition to CarDekho, GirnarSoft owns several other automotive portals, including BikeDekho and Zigwheels, which provide research, comparison, and buying services for motorcycles and cars, respectively.
GirnarSoft also provides software solutions to businesses in the automotive industry, including dealerships and manufacturers. These solutions include customer relationship management (CRM) software, dealer management systems (DMS), and online marketing tools.
The Net Worth of Amit Jain
Amit Jain’s net worth is more than 2900 crore.
The Success Story
Amit Jain’s success story is nothing short of remarkable!
From starting off as a Senior Associate at McKinsey & Company to co-founding CarDekho with his brother Anurag, Amit has indeed left an indelible mark on the Indian startup ecosystem.
What started as a small car research website in 2008, has now transformed into India’s largest online car-buying platform with a presence in over 800 cities across the country.
Under Amit’s leadership, CarDekho has evolved into a comprehensive platform that offers a range of services related to car buying and ownership, such as research, comparison, financing, insurance, and roadside assistance.
But Amit’s vision and entrepreneurial spirit didn’t stop there. He oversaw CarDekho’s expansion into international markets, including Indonesia and the UAE, which helped the company reach a wider audience and grow its business.
He has been recognized as a leading figure in the Indian startup ecosystem and was featured in Forbes Asia’s “30 Under 30” list in 2016.🏆
Amit Jain’s Social Media Presence
Amit Jain is an active and influential figure in the Indian startup ecosystem. He has over 2.5K followers on Twitter, where he shares his thoughts on entrepreneurship and innovation.
He also has more than 112K followers on Instagram, where he shares glimpses of his personal life and his interests.
On LinkedIn, Amit has more than 66K followers, and he regularly shares updates and insights on his ventures and investments.
Being a Shark, in Shark Tank Season 2
After spending time building a successful startup, Amit has made a debut in Shark Tank Season 2 as a new shark. He replaced the previous season’s popular shark, Ashneer Grover.
Amit took to his LinkedIn to express his excitement, stating that he is thrilled to have the opportunity to mentor budding entrepreneurs and contribute to building a new India.
Final words
Amit’s passion for cars and his vision for GirnarSoft has been instrumental in his success as a founder and a business leader. His ability to think outside the box and implement new ideas has helped him stay ahead of the competition and keep CarDekho at the forefront of the industry.
I believe that Amit’s leadership and innovative strategies will continue to drive the growth of CarDekho and GirnarSoft in the future.
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FAQs
What is GirnarSoft?
GirnarSoft is the parent company of CarDekho and other automotive websites in India. Amit started this company in 2007.
What was the turning point in Amit Jain’s success story?
The turning point in Amit Jain’s success story was co-founding CarDekho and leading it to become India’s largest online car-buying platform.
Is Amit Jain, a shark in Shark Tank India Season 2?
Yes, Amit Jain replaces Ashneer Grover as a new Judge (Shark).
CarDekho is present in how many cities?
What started as a small car research website in 2008, has now transformed into India’s largest online car-buying platform with a presence in over 800 cities across the country.
What is the revenue of CarDekho?
The revenue of CarDekho is estimated to be around $100 million.