Amit Jain: Shark Tank India premiered in 2021. It eventually emerged as one of the most talked about shows on Television in the year. Due to multiple complications with the judge, Ashneer Grover, the show had to replace him. Amit Jain, who co-founded and is the Chief Executive Officer of the CarDekho and InsuranceDekho groups, will be entering as the new judge. He shall be stepping in the shoes of Grover and will feature along with the previous judges, Aman Gupta, Anupam Mittal, Peyush Goyal, Namita Thapar, Vinita Singh and 6 new judges for Shark Tank India season 3.
The Shark Tank Season 3 is all set to premiere on 22 January 2024, and it will be thrilling to watch the professional perceptions and ideologies of Jain. Check all the details you need to know about him, his net worth, age, career, family, business, investments, and much more here in this detailed Amit Jain Biography.
Amit Jain Biography
Known to have co-founded CarDekho, Amit Jain is the Chief Executive Officer of the respective firm group. He has been known to have risen to fame since CarDekho turned into a huge leading option in the online market for reselling and purchasing used cars. Post that, he also extensively launched other sites such as InsuranceDekho, BikeDekho, and CollegeDekho. Furthermore, he has largely contributed as the leading member of the CarDekho group in its inquisition of other relative companies such as Gaadi, Zigwheels, Carmudi Philippines, and Carddrift.
As of now, Jain gained massive attention from the media due to reports, followed by promos, for his appearance in the latest season of Shark Tank India as one of the judges. Apart from the host, Rahul Dua, Amit Jain is also another debutant in the show.
Amit Jain Shark Tank Judge: Quick Facts
|Name of the Personality
|Amit Jain Net Worth
|2900 Crores Rupees
(As per TOI)
|Co-Founder and Cheif Executive Officer CEO
|CarDekho, InsuranceDekho, CollegeDekho, and BikeDekho
|Date of Birth
|12 November 1976
|Place of Birth
|Indian Institute of Technology, New Delhi
Early Life and Education of Jain
Amit was born in a Jain family on 12 November 1976 in the city of Jaipur, Rajasthan. He has a younger brother, Anurag. His mother was a homemaker and his family depended on his father’s earnings for morsels and bread. He lived his early life in the city of Jaipur, which happens to be his hometown. His schooling proceeded at the St Xavier’s Senior Secondary School in the city where he took up sciences in the Senior Secondary Examinations. He passed the national-level engineering entrance examination to get admitted to the Indian Institute of Technology in New Delhi.
He graduated to become an engineer and take up a job at a software development firm, named Trilogy in 2000. His prime aim was to develop the website addressed at www.yourbillbuddy.com concentratedly. He was employed at the firm till 2007.
Business Career of Amit Jain
Amit Jain and his brother, Anurag Jain had to frequently head back home when their father developed an illness. It was lethal and soon, he passed away being outlived by his family, and business in 2006. Finally, in 2007, Amit and Anurag returned home to settle back and take care of the family business. It was then that they started selling gemstones due to the generational name in the market. However, due to a lack of interest, the two tried their hands at starting a software company by the name of GirnarSoft. The company grew enough for them to try their hands at the CarDekho software in 2008.
The idea for CarDekho developed in the heads of the Jain siblings after attending the Auto Expo held in New Delhi. They designed the porta in order to deliver accurate information about cards so as to help potential buyers make a very apt decision ahead of purchasing their vehicle. Furthermore, they incorporated the website in a manner where they could connect buyers and sellers for used cards. While they proceeded with this venture, they faced an extreme loss of nearly Rs. 1 crore in stock marketing and shares. This slowed a lot of things down for the two until 2015 when they finally noticed a substantial rise in the graph of CareDekho. The portal started gaining unmatchable popularity leading to much better earnings that they could drive from it. Their idea was always well appreciated as they were able to receive funding from an American firm, Sequoia Capital. Further, they merged CarDekho with companies like Gaadi, Zigwheels, Carmudi Philippines, and Carddrift.
After successfully establishing CarDekho, the siblings invested to lay the foundation of similar companies, InsuranceDekho, BikeDekho, and CollegeDekho. The three companies made substantial growth in the market and were able to generate revenue as well.
Amit Jain Net Worth
As per TOI, Amit Jain has a net worth of Rs. 2900 crores. The Co-Founder and CEO receive a large share of his earnings from the first company, CarDekho which is presently evaluated at nearly Rs. 110 crores. Furthermore, he also gains a certain amount of profit from InsuranceDekho, BikeDeko, and CollegeDekho. He invests in many start-ups and stocks, all of which sum up to form his earnings.
Also Read: Aman Gupta Biography
Family of CarDekho CEO and Co-Founder
Amit Jain is married to Pihu Jain, who reportedly works at Girnar Software Private Limited. The couple parents two sons, who were born twins. He has a younger brother named Anurag, and they share a very cordial relationship, both in and outside the business world.