Amit Jain is an Indian entrepreneur, CEO, and founder of CarDekho company. The company is the biggest auto portal in India for comparing cars and providing honest reviews of these purchases and sales.
In this article, we are going to see the details of Amit’s life. This blog includes details like his personal and professional background. His early education, his social media handle, and multiple other things. So, you are at the right location if you are interested to know about Amit Jain Net Worth, just read the article~!
Amit Jain Biography
Born on 12th November 1976, Amit is a full-time entrepreneur, CEO, and founder of CarDekho. CarDekho became a successful online platform in India that gives users all the information about the car they are willing to purchase. He was born in Jaipur, Rajasthan into a middle-class family. In 2022, he took Ashneer Grover’s place as a judge in the second season of Shark Tank India, which was broadcast on Sony TV.
| Name | Amit Jain |
| Profession | Entrepreneur |
| Famous for | As the CEO and Founder of CarDekho |
| Date of Birth | 12 November 1976 |
| Age | 48 Years |
| Birthplace | Jaipur, Rajasthan |
| Zodiac sign | Scorpio |
| Nationality | Indian |
| Hometown | Jaipur, Rajasthan |
| Marital Status | Married |
| Educational Qualification | Graduated |
| Net Worth | Rs. 2900 crore |
Amit Jain Net Worth
In 2024, Amit Jain Net Worth is approximately 2900 crore. According to reports, he receives an annual salary of about $80 million. He has also invested in multiple other companies that also give him rise to his net worth.
Amit Jain Investment On Company
Till December 2024, Amit has invested across 60 different companies. And around 24 different sectors. Some of the notable Companies in which Amit has invested are Miko, Suryoday, Bluestone, and many others.
| Company | Date of Investment | Amount of Investment |
|---|---|---|
| Miko | August 22, 2024 | $2.44 Million |
| Creme Castle | April 25, 2024 | $838k |
| P-TAL | April 03, 2024 | $120k |
| Namakwali | March 16, 2024 | $12.1k |
Amit Jain Cardekho Net Worth
According to multiple sources, the company Cardekho that Amit started is currently valued at the evaluation of Cardekho is $1.2 billion (approximately Rs 9,769 crore).
Amit Jain Shark Tank
Amit joined the 2nd session of the Shark Tank Judge panel as the replacement of Ashneer Grover. Among all the other sharks on the show, Amit is the wealthiest shark. It is reported that He take around 7 Lakh rupees as a salary for doing one episode of the show.
Amit Jain Shark Tank Investment
The highest offer in Shark Tank India history, made by Amit Jain, was Rs 5 crore for a 10% share in the business. Given below is the list of a few other investments Amit was:-
| Company | Investment |
|---|---|
| The Honest Home | This business offers eco-friendly everyday products for sale. It was a ₹1 crore deal with 3% equity and 1% royalty until ₹1.5 crores were recovered. |
| Tiggle | This business offers chocolate mixes for sale. According to the agreement, ₹50 lakhs would be paid in exchange for 20% equity and 2% royalties until ₹1 crore was recouped. |
| Chefling | This business offers do-it-yourself(DIY) food items. The agreement was for 16% equity in exchange for ₹40 lakhs. |
| Refit | This business offers refurbished phones for sale. The deal was for ₹2 crores, with 1% equity and 1% royalty given until ₹3 crores were recovered. |
| Aroleap | This business offers a smart home gym for sale. It was decided to pay ₹1 crore in exchange for 5% equity. |
| Candid Men | This business is a platform for men to rent clothing. The agreement was for ₹60 lakhs in exchange for 5% equity, with the founder receiving 3% in the event that 2Cr PAT is reached. |
| Model Verse | This business offers a wrapper for image models that is AI-based. The deal was ₹25 lakhs for 10% equity. |
| MEPACK | This business offers personalized memberships to gyms. The exchange rate was ₹7 lakhs for 10% equity. |
| Littlebox | This business sells D2C fast fashion brands. The agreement called for 2.5% stock in exchange for ₹75 lakhs. |
| Creme Castle | This business offers baked goods and personalized cakes for sale. The agreed upon price for a quarter of the equity was 60 lakhs. |
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Amit Jain Age
Amit was born on 12 November 1976 into a prosperous family living in Jaipur, Rajasthan. And today in December 2024, Amit Jain age is about 48 years.
As we see that he was born in the month of November, this means he holds the horoscope of Scorpio. It is the 8th Horoscope out of 12 and it is a symbol of prosperity and peace.
Amit Jain— Physical Stats
Talking about his physical stats he has an excellent height of 165 cm which is equivalent to 1.65m and a bodyweight of 68 kg. To compliment his overall structure he has black hair and eye colour.
| Height (approx.) | in centimeters- 165 cmin meters- 1.65 min feet & inches- 5′ 5 |
| Weight | 68kg |
| Eye Colour | Black |
| Hair Colour | Black |
Amit Jain— Education
In Amit’s early days, he spent most of his early life in the city of Jaipur, and itself there only he completed his early education by going to “St. Xavier’s Senior Secondary School”.
After completing his primary education Amit took sciences and later passed the JEE examination. This led to his enrollment to the “Indian Institute of Technology, Delhi.” In 2000, after graduating from IIT Delhi, Amit pursued his first job at Trilogy, a software development company.
| School | St. Xavier’s Senior Secondary School, Jaipur |
| College University | Indian Institute of Technology, Delhi |
| Educational Qualification | Bachelor of Technology |
Amit Jain — Family
Amit was born into a very happy and prosperous family of 4 people. Prashant Jain, his father, was an ex-RBI officer and unfortunately passed away in 2006 due to a serious heart condition. Neelima Jain, his mother, is a housewife and after the death of his husband, she becomes the pillar of the house. Anurag Jain, his younger brother, who is also the founding member of CarDekho.
Amit Jain — Wife Pihu Jain
Amit is married to Pihu Jain who currently works as a vice president of online marketing at GirnarSoft. The exact date of their marriage is not known. But after their marriage, the couple became the parents of 2 little twins.
Amit Jain — Career
Beginning of Career Struggle Era
- He started working with Tata Consultancy Services (1999–2000) and the software and technology company Trilogy during his early career.
- In 2007, Amit and his younger brother, Anurag Jain, founded GirnarSoft, an IT outsourcing business.
- The first year of the business was profitable. However, GirnarSoft was severely impacted by the 2009 stock market crash.
The Rise of CarDekho
- During the Auto Expo in Delhi, Amit and his brother Anurag saw a chance to develop an online platform for car sales which led them to create CarDekho in 2008.
- In 2013, CarDekho obtained significant funding from Sequoia Capital. The company grew as a result of this investment, which also helped it acquire Gaddi.com in 2014 and Zigwheels in 2015.
- CarDekho was transformed into India’s top Autotech portal under Amit’s direction.
- In 2021, the Company had more than 35 million monthly users, more than 3,000 monthly sales of new cars, and more than 6,000 monthly sales of used cars.
- CarDekho became a unicorn startup after raising $250 million in its October 2021 Series E funding round.
- CarDekho’s parent company, GirnarSoft, increased its valuation to $1.2 billion by acquiring other profitable businesses, such as PriceDekho and BikeDekho. The company was invested in by well-known companies like Google Capital, Tybourne, HDFC, and Ratan Tata.
Amit in Shark Tank India
- Shark Tank India’s creators were intrigued by Amit’s business endeavors.
- In Season 2, he replaced the well-liked Ashneer Grover as one of the judges. In India, Amit mentors prospective business owners and promotes an entrepreneurial mindset.
- Amit Jain’s story exemplifies the strength of perseverance, creativity, and fortitude. The journey he took from a small garage to the top of India’s largest online car-buying platform offers many lessons.
Amit Jain — Social Media Handle
Besides being a successful businessman, Amit is also active on multiple social media platforms. He not only uses the platform to share his business strategy but also shares multiple personal information.
He is on Instagram with the handle name “@amitjain_cardekho” and on the handle, he has a fan base of around 2.6 lakh+ followers. After getting to Shark Tank his popularity is growing day by day.
He also has a LinkedIn handle with the name “Amit Jain” where he has an active connection of 192,544 followers.
He also has a Twitter page with the name “@amitjain” and on the platform, he has 4,830 Followers.
| Platform | Username | Followers |
|---|---|---|
| @amitjain_cardekho | 2.6 lakh+ followers | |
| Amit Jain | 192,544 followers | |
| Twitter/X | amitjain – X | 4,830 Followers |
Facts about Amit
- Amit began working as a software developer for Trilogy in 2000. He stayed there right up until 2007. He worked on the website www.YourBillBuddy.com there.
- In 2013, the business obtained $15 million in Series-A funding.
- Amit Jain claims that the company is presently worth $1.2 billion.
FAQs Related to Amit
Currently, Amit stands on a net worth of 2900 crore INR. All his wealth comes from his business and investments.
Till 2024, Amit has a total of 2 children and both are twins.
Amit’s brother’s name is Anurag Jain. he is also one of the founder members of CarDekho.
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