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Amit Jain Snapshot
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Amit Jain
CEO and Co-founder of CarDekho
Birthdate
Organization
Investor Type
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Birth & Early Life
- Born on November 12, 1976, in Jaipur, Amit Jain completed his schooling at Saint Xavier’s School, Jaipur. He graduated from IIT Delhi in 1999.
- His mother, Nilma Jain, is a homemaker, and his late father, Mr. Prashant Jain, was an ex-RBI officer and a gemstone businessman. Amit has a younger brother, Anurag Jain, who is the co-founder and COO of CarDekho Group. He is married to Pihu Jain and has twin sons.
- Started as a Software Engineer at Tata Consultancy Services from 1999 to 2000. Worked in various roles at Trilogy for about 6 years and 11 months.
- Co-founded GirnarSoft, an IT firm, with his brother Anurag Jain in 2007, aiming to start a business from their hometown. In 2008, co-founded CarDekho.com, the flagship portal of GirnarSoft, despite facing financial challenges.
- Started with a small garage at home with a team of 20 people, faced bankruptcy in 2009 due to the stock market crash. Despite challenges, launched CarDekho in just two weeks after attending the Auto-Expo in Delhi. CarDekho quickly gained popularity and became India’s number one Autotech portal and Rajasthan’s first unicorn startup.
- Received significant funding from Sequoia Capital in 2013 and achieved unicorn status in 2021 after raising $250 million in Series E funding.
- Acquired Gaddi.com in 2014 and Zigwheels in 2015, further expanding CarDekho's reach. CarDekho played a vital role in lifting the name of GirnarSoft, attracting advertisers and investors.
- Launched a new logo in February 2019, showcasing the app's automated features. Aimed to provide comprehensive data on different cars, offering comparison tools, reviews, and feedback to customers.
- Amit Jain's journey exemplifies successful entrepreneurship from a hometown, contributing to the growth of India's tech and startup ecosystem.
Physical Status
Male
Education
| Institution | Duration |
|---|---|---|
B.Tech | Indian Institute of Technology, Delhi | Mar 1995 - Mar 1999 |
careers
Position | Company | Duration |
|---|---|---|
CEO & Co-Founder | CarDekho | Apr 2008 - Present |
CEO and Co-Founder | GirnarSoft | Jun 2007 - Present |
Product Manager | Trilogy | Nov 2005 - May 2007 |
Delivery Manager | Trilogy | Jan 2004 - Oct 2005 |
Senior Associate | Trilogy | Jul 2000 - Dec 2003 |
Software Engineer | Tata Consultancy Services | 1999 - 2000 |
Personal Details
Married
Events
Awards and Honours
- CarDekho Won Best Car Website of the Year in 2012.
- CarDekho Won Most Popular Website 2012.
- CarDekho Won Best Website of the Year India 2012.
- Car Dekho won Gold at the Golden Cart Award.
- Best Automotive Website in 2019
Amit Jain Investments
Total no. of Investment
9
Amit Jain has made 9 investments.
| Date | Company | Sector | Round | Investments | Co-Investors |
|---|---|---|---|---|---|
| 2024-02-21 | Fitness | Angel Round - ReFit Global | ₹ 20 M | Anupam Mittal, Vineeta Singh | |
| 2024-02-20 | Food | Angel Round - Chefling | ₹ 4 M | Azhar Iqubal, Peyush Bansal, Amit Jain, Namita Thapar | |
| 2023-03-03 | Food | Pre Seed Round - Funngro | ₹ 5 M | Namita Thapar, SucSEED Indovation | |
| 2023-03-02 | Healthcare | Seed Round - Pharmallama | ₹ 20 M | Peyush Bansal, Amit Jain, Aman Gupta, Anupam Mittal, Namita Thapar | |
| 2023-03-01 | Food | Seed Round - Aadvik Foods | ₹ 1.5 M | ||
| 2023-02-24 | Food | Seed Round - Gladful | ₹ 5 M | Namita Thapar, Aman Gupta Etc | |
| 2023-01-30 | Food | Angel Round - Snitch | ₹ 15 M | ||
| 2023-01-21 | Food | Seed Round - Dobiee Foods | ₹ 7.2 M | ||
| 2023-01-20 | Food | Seed Round - MOPP Foods | ₹ 7.5 M | Amit Jain, Amit Jain, Amit Jain, Amit Jain, Amit Jain, Rahul Singh, Vivek Bhargava |