Amit Jain is an Indian entrepreneur best known as the CEO and Co-Founder of CarDekho.
Wiki/Biography
Amit Jain was born on Friday, November 12, 1976 (age 46 years; in 2022) in Jaipur, Rajasthan. His zodiac sign is Scorpio. He attended St. John’s Senior High School. Xavier, Jaipur. He continued his studies to a bachelor’s degree in technology at the Institute of Technology, Delhi (1995-1999).
Physical appearance
Height (approx): 5′ 8″
Weight (approx): 70 kg
Hair Color: Black
Eye Color: Black
Family
Parents & Siblings
His father, Prashant Jain, was an RBI officer and gem businessman, who died in 2006. His mother, Nilima Jain, was a homemaker. He has a younger brother, Anurag Jain, who is the co-founder and COO of CarDekho.
Amit Jain with his brother
Wife & Children
Amit is married to Pihu Jain, who works at Girnar Software Pvt Ltd. The couple has twin sons, Aayan Jain and Aahil Jain.
Amit Jain with his wife and son
Other relatives
His grandfather, the late Dr. Dharam Singh Jain, was a famous astrologer.
Entrepreneur
In 1998, after completing his engineering, he started working as a software engineer at Tata Consultancy Services. In 2000, he began working at software development company Trilogy, where he worked on the website www.YourBillBuddy.com. He worked there for seven years. In 2006, he opened a small office in his garage and incorporated the software company GirnarSoft with his brother Anurag. In 2008, after attending the Auto Expo in New Delhi, they decided to start the CarDekho portal, where they provide users with reliable information and reviews about used and new cars. After their portal CarDekho grew, they launched various other ventures like InsuranceDekho, BikeDekho and CollegeDekho. Under his leadership, CarDekho underwent many major acquisitions including Gaadi in 2014, ZigWheels in 2015, PowerDrift in 2018 and Carmudi Phillipines in 2019. In 2022, he appeared as a judge on the television show ‘Shark Tank 2.’
In 2022, their company starts a new company, which provides loans to people who want to buy old cars. In an interview, Amit spoke about this venture and said,
For new cars, there are so many agencies for loans. But that’s not the case for used cars. That gave us the idea to create a platform with 15 agencies dealing with loans. On the back end, we are tied up with banks and on the front end, we are hand in hand with merchants. Previously, the loan approval rate for used cars was 40 percent. But with so many people to lend to, it jumps up to 75 percent. From a 12-15 day approval, we reduced it to 3 days using technology.”
Net worth
As of November 2022, his net worth is reported to be Rs. 2500 crores.
Favourite
- Book: Built to last by Jim Collins
- Song: ‘Love you Zindagi’ from Dear Zindagi
Facts/Trivia
- In 2006, she and her brother quit their jobs and returned to their hometown to take care of their father who had cancer. For a while in Jaipur, they worked in their father’s gem business.
- When they start their business, they face many problems. In 2009, they lost around Rs. 1 crore in stock and had no funds to pay their workers.
- In 2013, an American-based company, Sequoia Capital, provided funds to their company.
- In 2016, he attended the SURGE event held in Bengaluru and gave a speech there.
- He is often spotted smoking cigarettes on various occasions.
Amit Jain smokes a ciagratte
Categories: Biography
Source: SCHOOL TRANG DAI
