If you’re curious about Amit Jain’s net worth, you’re not alone. It’s a hot topic on the internet these days, as he’s known as the richest shark in Indian history. But how much money does he have? If you’re looking for answers, you’ve come to the right place. In this article, we will provide you with all the information you need about his net worth, career, family, and more. So, let’s dive right in and discover the details.
Net worth
Amit Jain, the CEO and Co-Founder of CarDekho, is a successful Indian businessman. He was born on November 12, 1976, and completed his schooling at St. Xavier’s School in Jaipur. He later studied at IIT Delhi and gained extensive experience and knowledge in his field. In 2008, Amit Jain co-founded CarDekho, which has now become a leading car search company.
The company has achieved great success and crossed the $100 million revenue run-rate in September 2021. The estimated value of the company is currently $1.2 billion. Amit Jain’s net worth is expected to exceed $100 million, making him the richest shark in Shark Tank India Season 2. He has surpassed the other five sharks in terms of wealth, making him the wealthiest shark on the show.
Who Is Amit Jain?
Amit Jain is known for his business acumen and his ability to inspire young people to become entrepreneurs. He was born on Friday, November 12th, 1976 in Jaipur, Rajasthan, and is a self-made billionaire. Amit’s father, Prashant Jain, was an RBI officer and a gem dealer, but he passed away in 2006. Amit’s mother, Nilima Jain, is a homemaker, and he has a younger brother named Anurag Jain who is the co-founder and COO of CarDekho, a company founded by Amit.
Amit Jain is currently the CEO and co-founder of two companies, CarDekho.com and InsuranceDekho.com. These websites allow users to browse and select the right car for their needs, as well as provide comprehensive insurance for cars and bikes. The company’s plan is exciting and attractive to customers. Despite struggling during the initial stages of their startup, Amit Jain and his team worked hard to build strong companies. Now, CarDekho.com and InsuranceDekho.com are two of the most popular websites in India and are frequently searched by people looking to buy a car or insurance.
Amit Jain Education, Family, And Early Life
Amit Jain was born into a family with a legacy of entrepreneurship. He was born on November 12, 1976. His father, the Late Mr. Prashant Jain, was a former RBI officer and a gem dealer, while his mother, Neelma Jain, is a homemaker.
For his early education, Amit Jain was admitted to St. Xavier’s Senior Secondary School in his hometown, Jaipur. Later, he joined the Indian Institute of Technology, Delhi, from 1995 to 1999, and obtained a Bachelor’s degree in technology.
After completing his engineering degree, Amit Jain began his career as a software engineer at Trilogy, a renowned software company in Austin, Texas. He also worked at Infosys, a leading IT services company in India, where he played a crucial role in developing an innovative online banking platform for ABN Amro Bank.
In 2006, after his father’s death, he took the responsibility of the family business on his shoulders. He left his job and, in 2007, along with his brother, Anurag Jain, co-founded GirnarSoft, which is an ISO 27001-certified software outsourcing company that specializes in ISO 9001.
This venture was highly successful, which led the founders to convert their garage into an office. In 2008, they launched CarDekho.com, one of India’s largest online car marketplaces. CarDekho helps Indians buy and sell cars, compare prices, and read reviews from previous car owners. The founders secured funding, reaching their first milestone of $15 million in 2013.
In 2015, they raised another $50 million from prominent investors, including Hillhouse Capital, Sequoia Capital, and Google Capital. They also partnered with all major OEMs and over 3,500 new Indian car dealers to dominate 20+ markets. Today, CarDekho’s net worth is largely due to its revenue of over $1.2 billion. It’s amazing to know that the founders never advertised or marketed CarDekho but still achieved such success. One of the founders, Amit Jain, likes to invest in his ventures or companies. However, he has also invested in SUGAR Cosmetics, Rubans, KarmaLife, and other high-profile businesses.
Amit Jain’s journey to success led him to the second season of Shark Tank India. Replacing Ashneer Grover, Amit Jain appeared in the third week of the season and stayed on until the finale, investing Rs. 9.46 Crores into several startups. Let’s take a closer look at his investment journey during Shark Tank S2.
Week Net Investments Of Amit Jain
Week 3 Rs. 2.36 crores
Week 4 Rs. 3.06 crores
Week 5 Rs. 3.66 crores
Week 6 Rs. 4.16 crores
Week 7 Rs. 4.41 crores
Week 8 Rs. 5.81 crores
Week 9 Rs. 6.66 crores
Week 10 Rs. 8.66 crores
Week 11 Rs. 9.46 crores
Amit Jain’s Assets And Achievements
Amit Jain, a technology enthusiast who loves cars, has a net worth of $365 million. He lives in a luxurious mansion in Jaipur with his family and owns an impressive collection of cars. In his garage, he has a beautiful blue Mercedes-Benz E-Class Cabriolet worth Rs. 15 Lakhs, a Honda City worth Rs. 89 Lakhs, and many other luxury vehicles. He has also made significant contributions to the Indian startup ecosystem, which earned him esteemed accolades such as the Entrepreneur of the Year award at the Economic Times Awards for Corporate Excellence in 2016.
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Conclusion
Amit Jain is an inspiring example of determination, expertise, and innovation. He started as a software engineer and went on to become a successful entrepreneur and a judge on Shark Tank India. His journey is truly remarkable.
Amit Jain’s net worth is estimated to be Rs. 3017 crores or $365 million. He has achieved great success in the business world and continues to have a lasting impact. It is important to note that his net worth has been calculated based on his income sources, businesses, assets, and lifestyle.
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