It often becomes very hectic and difficult while looking for a Second hand Car, whether it comes to Purchasing or selling. So, Amit after seeing the demand for the cars decided to start a Car Website called as Cardekho in 2008. He along with his Brother Anurag Jain started the Website Company. Amit Jain is the Co- Founder and Chief Executive Officer (CEO) of Cardekho. Under his leadership and guidance, Cardekho has grown substantially making him the Richest Shark in The Shark Tank Season 2. In this article we have provided in -depth information on Amit’s Life, Bio, Profession, Net Worth and more.
Amit Jain Biography
Amit Jain was born on November 12th, 1976 in Jaipur, Rajasthan. He hails from a middle class family background. He professes hinduism and follows its customs and practices. His zodiac sign is scorpio.
| Name | Amit Jain |
| Date of birth | 12 November, 1976 |
| Place of birth | Jaipur, Rajasthan |
| Current city | Jaipur, Rajasthan |
| Profession | Entrepreneur |
| Religion | Hinduism |
| Zodiac Sign | Scorpio |
| Nationality | India |
| Marital Status | Married |
Amit Jain Age
Amit Jain age is currently 48 years old. Amit has gained wide experience and has built his name in the top Business Tycoon in India at such Age.
Amit Height and Physical Appearance
Amit has a very attractive and charming Personality. His gentle and smart appearance makes him perfect as an entrepreneur. Talking about his physical traits, he stands at an average height of 5 feet 5 inch and weighs around 68 kgs. He has Shiny black eyes and natural Black Hairs. However, these data on his physical appearance and body measurements are based on his public appearance and may not be necessarily true and can vary.
| Height | 5 feet 5 inch |
| Weight | 68 kgs |
| Eye color | Black |
| Hair color | Black |
| Skin tone | Fair |
| Shoe Size | 7 US |
Amit Educational Qualification
Amit is a well educated businessman, whose education has played a vital role in making him the man he is today. Amit was an academically bright and studious student. Besides studies, he also used to take part in other extra curricular activities. Amit completed his schooling from Saint Xavier’s School, Jaipur. After completing his schooling, Amit pursued Science and later gave the entrance exam of engineering and fortunately got admission in Indian Institute of Technology (IIT), Delhi which is one of the top Institutions in India.
| Education | Name |
|---|---|
| School | Saint Xavier’s School, Jaipur, Rajasthan |
| College | Indian Institute of Technology (IIT), Delhi |
Amit’s Early Life and Family
Amit came from a good and well to do family from Jaipur. Coming from a Jain Family, His father ran a Gemstone Business. His mother was a homemaker. Amit also has a younger Brother named Anurag Jain, who is also the Co Founder of Cardekho. It was after Amit’s father’s illness when both Amit and Anurag left their Job and came back to their hometown to look after their family. During this time, Amit came up with the idea of starting a Car Business.
Amit Jain Wife
Amit Jain wife name is Pihu Jain. Not much is known about their marriage date. But currently Pihu works in Cardekho and is in the portfolio of vice president at GirnarSoft, which is the parent company of Cardekho, collegedekho, insurance dekho and more.
Amit’s Children
Ami and Pihu were blessed with Twin Boys named Aayan Jain and Aahil Jain. Amit is a very protective and caring father, who wants his children to be grounded therefore, he keeps them away from limelight and media.
Amit Professional Ventures
- He worked as a software engineer at Tata Consultancy Services (TCS) from 1999–2000
- He then worked at Trilogy, a US-based multinational firm, for about six years and 11 months
- He helped build YourBillBuddy.com, a service that analyzed postpaid mobile bills to suggest ways to save money
- In 2007, Jain co-founded GirnarSoft, an IT firm, with his brother Anurag Jain. In 2008, Jain co-founded CarDekho, an online car-buying platform, with his brother Anurag Jain.
How did he enter into the World of Cars?
- In 2006, when Amit’s father fell sick, Both Amit and his Brother Anurag left their job and relocated to their hometown to look after their father and family. They both got involved in their father’s Gemstones Business. After a few years, both the brothers started a small office in their garage and this led to the foundation of Girnar Software.
- However, it was in 2008 when Amit and Anurag decided to establish Cardekho, when they visited the Auto Expo Event in New Delhi. After this they decided to start a car portal where they would provide reviews of Cars for people before investing in that particular car.
- In 2009, Amit lost 1 crore rupees in the Stock market and was left with no money in hand. However, in 2015, their company Cardekho grew rapidly and successfully after which they started their other Ventures like Insurancedekho, Bikedekho, Collegedekho and more.
About Cardekho
- CarDekho is an online platform that helps users buy and sell cars, and provides information about cars. It was founded in 2008 by brothers Amit and Anurag Jain.
- Its headquarter is in Jaipur, was founded in 2008 and has footprints in India, Indonesia, Malaysia and the Philippines.
- CarDekho currently operates various leading Indian auto portals such as CarDekho.com, Gaadi.com, ZigWheels.com, BikeDekho.com, PowerDrift.com and more.
- Its CarDekho Gaadi stores serve as the one-stop destination for customers to sell pre-owned cars and CarDekho Gaadi Trust Mark Stores serve as the one-stop destination for customers to buy pre-owned cars.
- It is recognised in India as the largest automotive video content player with 3 million YouTube subscribers, the largest consumer-facing digital destination with 50 million monthly unique visitors, and the largest auto social media platform.
Current Valuation of Cardekho
As of October 2021, CarDekho was valued at $1.2 billion. This was after the company raised $250 million in a pre-IPO round.
Explanation
- CarDekho is an automobile portal that helps buyers and sellers of used cars.
- The company’s valuation has been the subject of speculation, with plans to raise more capital and list on the stock exchange.
- In March 2024, CarDekho was reportedly in talks with investors to raise $100–150 million.
- CarDekho’s valuation could increase if it raises the additional capital.
Cardekho Net Worth
CarDekho with a well established business has accumulated a good amount of wealth and currently has Rupees 2,074 crore net revenue for the fiscal year 2024, which is a 54% increase from the previous year. This was the first time the company made a profit in a full year, incurring the loss of ₹143 crore made in Fiscal Year 2023.
Amit Jain Other Businesses
Amit Jain, the richest shark in Shark Tank India Season 2, had experienced ten failed startups before successfully building CarDekho.com, valuing over $1 Billion. He is a self-made billionaire, and a proud owner of two thriving companies: CarDekho Group.com and InsuranceDekho.com.But, Amit’s entrepreneurial spirit pushed him to venture into various other start-ups then, including Price Dekho, jewellery, astrology, e-commerce, bike dekho, shop dekho, and mobile dekho, all of which encountered similar setbacks.
Amit Jain in Shark Tank
Amit appeared in the Shark Tank India Show as a shark or Judge in the second season of the show. In the show he has made various investments in startups.
Amit’s Shark Tank Investment
| Startups | Investment | Equity | About the Startup |
|---|---|---|---|
| StyloBug | 8 lakhs | 10% | Clothing and Apparel Brand for Kids |
| Nish Hair | 1 Crore | 2% | Hair Extensions for Women |
| Maisha | 10 lakh | 1% | Stylish and Trendsetting Bags Brand |
| Sahayatha | 1 crore | 10 % | A Mobility Brand for Specially and Handicapped People |
| Forever Modest | 20 lakh | 20% | A Modest yet Stylish Clothing Brand |
| Aadvik Foods | 15 lakh | 1.5% | Goat and Camel Milk based Products |
| Funngro | 50 lakh | 4.16 % | An Online Learning and Earning Platform for Teenagers and Women Empowerment. |
| Pharmallama | 2 crore | 5% | A smart and innovative Medical Box |
| Gladful | 50 lakh | 3.5% | Family- Friendly Protein Company |
| Nawgati | 67 lakh | 3% | An Online Ecosystem for Fuel Company |
| Hornback | 50 lakh | 2.5% | Foldable Cycle |
| Cakelicious | 25 lakh | 20% | Flavourful Cakes and Desserts Company |
| Unstop | 2 Crore | 4% | Career Building Company |
| ScrapUncle | 60 Lakh | 5% | Scrap and Waste Recycling Company |
| Licksters | 25 lakh | 5% | Popsicles and ice cream Brand |
| Ekatra | 20 lakh | 20% | Sustainable artisanal brand for stationery and lifestyle products |
| P- Flow | 60 lakh | 6% | Medical device for Menstruation |
| Dobiee | 72 lakh | 6.5% | Candy Manufacturer company |
| MOPP Foods | 72 lakh | 5% | Fooding Brand |
| Angrakhaa | 40 lakh | 20% | Size based Clothing Brand |
| Inside FPV | 75 lakh | 15% | FPV Drones Company |
Amit Jain Net Worth
Amit With a Well established Professional Career, Amit has accumulated whooping wealth. He is ranked among the Top Business Tycoon in India. As of January 2025, Amit Jain net worth is estimated to be ₹3017 crore. Jain is the co-founder and CEO of Cardekho, a car buying and selling brand. He is also a judge on the reality show Shark Tank India.
- Jain’s wealth comes from the success of Cardekho, his investments in startups, and his role in high-profile companies. He has invested in startups like Miko, Bluestone, Creme Castle, Suryoday and more.
- Amit also owns a house in Jaipur.
- Amit also owns luxury cars like a Sky Blue Mercedes-Benz E-Class cabriolet and a lamborghini.
Amit’s Social Media
Amit is very popular on his Social Media Platforms and has built a Huge Fan base by his well established career and business ventures. Amit is very active on his social media accounts and uses it as a platform to stay connected to his fans and followers. He is very famous and is a Source of Inspiration and motivation for Youngsters and Budding Entrepreneurs. He has a total of more than 3.5 lakhs followers on his Social media profile.
- He also has an account on Instagram with the name ‘amitjain_cardekho’ with 2,61,000 followers.
- He also has accounts on Linkedin and Twitter with the names ‘Amit Jain’ and ‘@amitjain’ with more than 1.9 lakh and 4,876 followers respectively.
| Social media | Followers/ Subscribers | Link |
|---|---|---|
| 2,61,000 | https://www.instagram.com/amitjain_cardekho/?hl=en | |
| 1,94,000 | https://in.linkedin.com/in/cardekhoamitjain | |
| 4876 | https://x.com/amitjain?lang=en |
FAQs
Ans- Amit is a Renowned Indian Entrepreneur and Angel Investor. He is the Co- Founder and CEO of the Car selling brand Cardekho.
Ans- Amit is currently 48 years old.
Ans- Aman got married to Pihu Jain, who is also an Entrepreneur and currently works in Cardekho.
Ans- Amit’s current Net worth is estimated to be around 3017 crore.