Amit Jain Net Worth 2024: Amit Jain is the dynamic entrepreneur and Shark Tank India Season 3 investor with the highest investment on the show. His journey, from being an engineer to a successful entrepreneur, is highly inspirational. As a co-founder of CarDekho, it’s about helping people decide on the right car for them while deploying smart investment strategies to build a financial empire. Wondering about Amit’s net worth, wealth, and assets, let’s go into the financial glory of Amit Jain.
Amit Jain is a notable Shark Tank India investor. He is the founder and CEO of CarDekho, an online car marketplace. This venture was born as a portal under GirnarSoft, a firm specializing in IT outsourcing.
Since replacing Ashneer Grover as an investor on Shark Tank India Season 2, Jain has been bold in making investments, especially in women-led startups. An angel investor by nature, he still backs some of the promising companies with his vision.
Amit Jain, born on November 12, 1976, in Jaipur, proves that regional entrepreneurs can make their mark in metropolitan markets with the right skill and vision. Running a business is in his blood—his father, Prasant Jain, was an RBI officer as well as a gems businessman. He studied in Saint Xavier’s School, Jaipur, before graduating from IIT Delhi.
Other Information About Amit Jain
| Education | Saint Xavier’s School, Jaipur, IIT Delhi |
| Father | Prasant Jain (Former RBI Officer & Gemstone Businessman) |
| Mother | Nilma Jain (Homemaker) |
| Wife | Pihu Jain (Vice President, GirnarSoft) |
| Brother | Anurag Jain (Co-founder & COO, CarDekho) |
Covering Entrepreneurship and Engineering, this is the story of Amit Jain: the personification of shrewdness, innovation, and sheer determination.
Founding GirnarSoft & CarDekho
Amit Jain along with his brother, Anurag Jain, co-founded GirnarSoft, an IT-based firm, in 2007, which eventually gave birth to CarDekho in 2008. As a CEO and co-founder, Amit dreamt of an online vehicle marketplace that would top the Google search engine results, serving as a single-stop platform for car buyers.
The target was to create a million-dollar enterprise in the tech space, and with a great deal of hard work from his end, Eli’s CarDekho soon became the first destination for automobile buyers. The website received millions of hits as people turned to it for car reviews, comparison, and expert advice before making purchases.
Realizing the importance of assistance in making car-buying decisions, especially for middle-class families, Amit and his team expanded operations, hired more employees, and devoted themselves to make CarDekho the best vehicle platform online in India.
Amit Jain: A Journey on Shark Tank India
First season of Shark Tank India was a massive triumph, wherein many of the start-ups raised investments; in season 2, Amit Jain replaced one of the most followed sharks on the show, Ashneer Grover, as a judge.
Amit said he relished being part of the show and expressed his exhilaration on LinkedIn, saying: “I look forward to mentoring budding entrepreneurs on the show to build a new India.”
This made him not only one of the influential entrepreneurs in India as he initiates investing into Shark Tank but also with individual aura.
CarDekho is Back on the Brand Radar in a Chapter of Innovation and Success
The Rise of CarDekho
Founded in 2008 by Amit Jain and his brother Anurag, CarDekho has taken enormous strides to become, without a single penny spent on advertising, the largest Autotech platform in India. Their value proposition was magnificent word of mouth that saw a booming organic growth unlike anything else that had come out of the GirnarSoft stable in other applications and software.
Today, it stands to be the No 1 Autotech portal in India and first unicorn startup for Rajasthan. This really is a powerhouse with 35 million unique users per month, selling 6,000 used cars each month and 3,000 new cars each month.
Strategic Growth & Funding
In late 2013, CarDekho received major funding from Sequoia Capital, based in the USA. With this, it further extended its reach and operations. The online platform attracted several firms for advertisements and thereby brought much more visibility to the site.
For further consolidation of its position, in 2014, CarDekho acquired Gaddi.com, and in 2015, Zigwheels, both of which served to broaden its service capabilities and reach.
Unicorn Status
However, the real success story for CarDekho came in October 2021, which raised $250 million in Series-E funding propelling the company to a valuation of $1.2 billion and hence has officially entered the faster-growing realm of unicorn startups in India.
IPO Plans and Future Prospects
It will soon look at an IPO. The IPO, scheduled to happen in 2025, would be raised between INR 3,000 crore to INR 4,000 crore. That money would bring its valuation close to doubling from where it stands currently. Estimated at around $2 billion to $2.5 billion, CarDekho is poised to create much larger ripples in the tech and automobile sector.
In contrast, the story of CarDekho highlights the visionary leadership of Amit Jain, who positions the company firmly as an industry leader in the automotive space. The future surely looks bright and promising.
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Amit Jain’s financial success is truly remarkable. His estimated net worth stands at $365 million (₹3000 crore), making him one of the wealthiest entrepreneurs in India. Surprisingly, he has even surpassed some of the Sharks from the U.S. in terms of net worth. In fact, his wealth exceeds that of the five other judges of Shark Tank India combined.
His net worth has also seen a sharp upward trajectory in recent years, thanks mainly to the spectacular success of his flagship firm, CarDekho, which is now India’s biggest e-commerce firm specializing in cars.
Besides CarDekho, Amit Jain is also co-founder of other successful companies such as BikeDekho, ZigWheels, InsuranceDekho, OTO, and Carmudi. Contributions from all these companies have influenced his personal wealth and reflect his decentralized take on businesses.
With all these factors added up, he has been going steadily upwards to his net worth. Amit Jain’s entrepreneurial vision, strategic investment, and capability to grow the business in such a competitive marketplace have made his leadership and success one of the most influential persons in India’s e-commerce automobile tech industry.
Amit Jain had started this entrepreneurial journey in his small garage along with his brother, Anurag Jain, laying down the foundation of CarDekho. Eventually, after battling through financial stress and bankruptcy, they shifted towards the online space for automobile sales, reviews, and personalized car recommendation based on buyers’ financial status.
Now, CarDekho has turned into a unicorn startup, worth $1.2 billion or approximately ₹9,769 crores. So, all of this added value has immensely increased Amit Jain’s net worth over time.
Other than his business, Amit Jain’s income increased a lot after joining Shark Tank India. Being the richest shark in the show, he said that he earns around ₹7 lakh per episode.
Amit Jain mostly focuses on young entrepreneurs from Tier-II and Tier-III cities as he believes this shows much promise in a Tier-I city. His background had been regional, but he scaled up to go national.
Amit Jain is also an active angel investor, funding startups in e-commerce and technology. He has a keen interest in female-led startups, and he supports women entrepreneurs in India. His strategic investments continue to increase his financial assets while fostering innovation in the Indian startup ecosystem.
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Jaipur Mansion: Amit Jain possesses a grand house in Jaipur, in which he stays with his family. He originally was a resident of Bangalore, but after the demise of his father, he went back to his hometown in Jaipur.
Car Collection: The success as the CEO and co-founder of CarDekho reflects with a personal net worth of $368 Million USD, so Amit Jain’s collection of cars boasts some of the world’s costliest and expensive cars. See below for an overview of a few of Amit Jain’s dream cars:
High-end cars represent Amit Jain’s lifestyle that not only points out his love for the automotive world but is also a way to showcase that he is actually a connoisseur of luxurious cars.
With his acumen in business and keen investment sense towards the innovative start-up, the net worth of Amit Jain has touched new heights. He has, therefore, become one of the most influential entrepreneurs in India at present.
Like other fellow judges, including Anupam Mittal, Amit Jain did not just invent something new; he also managed to create an entire industry based on it. This is further enhanced by the problems he can solve and how he can leverage a gap in the market-a real testament to being an exceptional entrepreneur. Business and fame walk hand in hand, and so, with Amit Jain’s venture into the public domain through Shark Tank India, people look up to him.
Amit Jain is the Chief Executive Officer as well as Co-founder of India’s leading car e-commerce marketplace, CarDekho. He is a judge on India’s popular version of Shark Tank and an active angel investor with investments in numerous startups.
Amit Jain’s net worth is ₹3000 Crore INR ($368 Million USD) as of 2021. His wealth has grown significantly through his successful ventures, including CarDekho and other companies under the GirnarSoft umbrella.
Amit Jain began his career in the tech industry. He worked at TCS for a year and spent seven years at Trilogy, a U.S.-based multinational firm, before co-founding GirnarSoft and CarDekho with his brother in 2008.
CarDekho is an online automobile portal to buy and sell cars, which also offers car reviews and financial assistance to buyers. Today, the company is India’s number one autotech portal and unicorn start-up with a valuation of $1.2 billion.
Beside CarDekho, Amit Jain has also co-founded many other companies under GirnarSoft. This includes the BikeDekho, ZigWheels, Insurance Dekho, OTO, and Carmudi.
Amit Jain is a Shark Tank India judge. He invests in startups, mentors young entrepreneurs, and provides insights into business and innovation.
Amit Jain has many high-end cars. These include
Mercedes-Benz S Class: ₹1.50 Crore INR to ₹1.80 Crore INR
Mercedes-Benz SLK: ₹70 Lakh INR to ₹80 Lakh INR
Audi Q7 (₹60 Lakh INR – ₹1 Crore INR)
Mahindra Scorpio (₹8 Lakh INR – ₹15 Lakh INR)
Amit Jain’s achievements, as an able entrepreneur, venture capitalist, as well as angel investor, helped many Indian Youth to follow career paths as business entrepreneurs and their innovative ideas during Shark Tank India.
These Shark Tank judges have become inspiration for the youth of India and shown them that with determination and vision, a successful business is achievable.
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Disclaimer: The net worth, assets, and other information shared here are based on reports from News websites. Sometimes, celebrities or their teams also provide their input, which we include when available. We aim to provide accurate information, but unless stated otherwise, these numbers are approximate. We welcome feedback at info@eblogtalk.com.
This post was last modified on March 2, 2025
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