Amit Jain is the visionary co-founder and CEO of CarDekho, one of India’s leading online automobile marketplaces. Jain’s entrepreneurial journey is nothing short of inspiring – he started CarDekho in 2008 with his brother Anurag, after leaving their corporate jobs in the US to return to India during a family medical emergency.

Building CarDekho

Despite hailing from the non-metro city of Jaipur, Jain has built CarDekho into a tech unicorn valued at over $1.2 billion. His ability to identify and capitalize on opportunities in the auto industry has been key to the company’s success. Jain’s perseverance and adaptability are evident in how he navigated CarDekho through the initial struggles to eventually secure funding from renowned investors like Ratan Tata.

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Entrepreneurial Journey

Amit Jain is the visionary co-founder and CEO of CarDekho, one of India’s leading online automobile marketplaces. Jain’s entrepreneurial journey is nothing short of inspiring. He started CarDekho in 2008 with his brother Anurag, after leaving their corporate jobs in the US to return to India during a family medical emergency.

Building CarDekho

Despite hailing from the non-metro city of Jaipur, Jain has built CarDekho into a tech unicorn valued at over $1.2 billion. His ability to identify and capitalize on opportunities in the auto industry has been key to the company’s success. Jain’s perseverance and adaptability are evident in how he navigated CarDekho through the initial struggles to eventually secure funding from renowned investors like Ratan Tata.

Beyond CarDekho

Jain’s reputation extends beyond just CarDekho – he is also a popular judge on the startup reality show Shark Tank India, where his sharp business acumen and no-nonsense approach have made him a fan favorite. Anecdotes abound of Jain’s witty comebacks and tough negotiation tactics on the show, which have only added to his larger-than-life persona.

However, beneath the tough exterior, Jain is also known for his philanthropic side. He is an avid supporter of wildlife conservation and literacy programs for underprivileged children, showcasing his commitment to making a positive impact beyond just business.

Overall, Amit Jain’s journey from a small-town IITian to the CEO of a billion-dollar startup is an inspiring tale of grit, innovation, and entrepreneurial spirit. His success has cemented his status as one of India’s most prominent business leaders and startup icons.

Date of Birth	12 November 1976
Age	47 years old (As of April 2024)
Residence	Luxurious house in Jaipur, Rajasthan, India
Marital Status	Married to Pihu Jain, Head of Girnar Foundation, part of the CarDekho Group
Children	Twin sons Aayan Jain and Aahil Jain
Education
– School	St. Xavier’s School, Jaipur
– College	Indian Institute of Technology (IIT) Delhi, graduated in 1999
– Qualification	Bachelor’s degree in Civil Engineering
Religion	Jainism
Food Habits	Consumes fruits and vegetables as juice or salad, avoids fried and processed foods, drinks 3-4 litres of water daily, and has last meal before sunset
Hobbies	Not known
Controversies	No major controversies
Relationships	Anurag Jain (brother)
Favourites
– Ice Cream Parlour	Jal Mahal ice cream parlour (Jaipur)
– Favorite Book	Built to Last by Jim Collins

What is Amit Jain’s net worth?

Amit Jain’s estimated net worth is around ₹2,900-2,980 crore.

Amit Jain’s Salary

Amit Jain earns an episode fee of ₹7 lakh for his work as a Shark Tank India judge.

Amit Jain’s Car Collection

• Mercedes-Benz AMG E 53 Cabriolet (Amit Jain’s favourite car) worth approximately ₹1.30 crore.
• Mercedes E-Class 350d convertible worth approximately ₹94 lakh.
• Mercedes-Benz GLC SUV (Amit Jain’s daily driver) worth approximately ₹75.20 lakh.
• Mercedes-Benz AMG SL worth approximately ₹2.44 crore.
• BMW Z4 worth approximately ₹90.90 lakh.
• Tesla Model 3 or Model Y (Amit Jain’s desired car).

Amit Jain’s Investments in Other Businesses

Investments through CarDekho

CarDekho, under Amit Jain’s leadership, has expanded into multiple ventures such as BikeDekho, CollegeDekho, InsuranceDekho and others.

Personal Angel Investments

• ReFit Global – $0.24 million investment in February 2024
• Chefling – $0.05 million investment in February 2024
• KarmaLife – $5.34 million seed investment in June 2023

Amit Jain had one portfolio exit – the acquisition of Raskik in April 2023.

Amit Jain’s Charitable Contributions

Contributions towards wildlife conservation and literacy programs for underprivileged children.

FAQs

What is Amit Jain’s net worth?

Amit Jain’s net worth is estimated to be around ₹3,000 crore (approximately $368 million) as of 2021.

What companies has Amit Jain co-founded?

Amit Jain is the co-founder and CEO of CarDekho, as well as other companies like BikeDekho, CollegeDekho, InsuranceDekho, and GirnarSoft. 

What is Amit Jain’s educational background?

Amit Jain studied Civil Engineering at Indian Institute of Technology (IIT) Delhi and graduated in 1999. 

Who are Amit Jain’s family members?

Amit Jain is married to Pihu Jain, and they have two sons named Aayan Jain and Aahil Jain.

When did Amit Jain join Shark Tank? Who did he replace?

Amit Jain joined Shark Tank India as a new Shark in the second season, replacing Ashneer Grover, the former co-founder of BharatPe, who was a Shark in the first season.