Indian Entrepreneur, Amit Jain net worth is ₹3000 Crore INR which is equal to $368 Million USD in 2021. Amit Jain is an Indian Entrepreneur, Co-founder, and CEO of the famous Indian Car Portal and Company named Car Dekho. Amit Jain started the company Car Dekho with his brother Anurag Jain. He is one of the most successful businessmen and entrepreneurs in India with a massive net worth. In this article, we will have a look at how Amit Jain net worth grew over the years and what are his income sources. But before that, let us have some brief information about him.
Amit Jain Net Worth, Income Details, Family, and Career Highlights
Brief Information about Amit Jain
|Date of Birth||12 November 1976|
|Occupation||Entrepreneur, CEO, Businessman|
|Company||Car Dekho, Zig Wheels, GirnarSOFT|
|Net Worth in USD||$368 Million USD|
|Net Worth in INR||₹3000 Crore INR|
Amit Jain is a popular Indian entrepreneur and businessman who has co-founded and owns multiple companies. Amit Jain is known as the CEO and Co-founder of the popular online e-commerce portal for cars known as Car Dekho which he co-founded with his brother Anurag Jain in the year 2008. After 14 years of its inception, Car Dekho has multiple subsidiary companies and is worth more than $1.2 Billion USD or ₹9000 Crore INR in 2021.
Amit Jain was born on 12 November 1976 in Jaipur, Rajasthan. He is 46 years old as of 2022. Amit Jain’s father’s name was Prashant Jain and his mother’s name is Nilima Jain. Amit Jain’s father was an officer in RBI (Reserve Bank of India) and also a gemstone dealer while his mother is a housemaker. Amit Jain has a younger brother named Anurag Jain who is 43 years old.
Amit Jain got married to his wife Pihu Jain who is also one of the most important members of his company Car Dekho and GirnarSOFT. Amit Jain and Pihu Jain are parents to two sons named Aayan Jain and Aahil Jain.
Amit Jain net worth is ₹3000 Crore INR which is equal to $368 Million USD in 2021. Amit Jain is an Indian entrepreneur and he has co-founded many companies like GirnarSOFT, Car Dekho, Zig Wheels, Bike Dekho, etc. Amit Jain’s net worth and income saw a massive rise in the last few years as one of the most successful entrepreneurs and businessmen. As the co-founder of his main company Car Dekho, Amit Jain has also founded other companies and has acquired multiple companies which have increased his net worth even more.
Let us have a detailed look at how Amit Jain net worth increased over the past few years and what are his income sources as one of the major stakeholders in the e-commerce portal Car Dekho.
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Amit Jain Net Worth and Income Details
As mentioned earlier, Amit Jain net worth is ₹3000 Crore INR ($368 Million USD). Over the last few years, Amit Jain’s net worth has grown massively with the growth in his company Car Dekho which is India’s leading e-commerce portal dedicated to cars. Alongside Car Dekho, Amit Jain is also co-founder of other companies like Bike Dekho, Zig Wheels, Insurance Dekho, OTO, Carmudi, etc. and all these companies have helped in the growth of Amit Jain’s personal net worth. Here is how Amit Jain net worth has grown over the past few years as the CEO of Car Dekho.
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Amit Jain Net Worth Growth
|Year||Net Worth in USD||Net Worth in INR|
|2021||$368 Million USD||₹3000 Crore INR|
|2020||$358 Million USD||₹2914 Crore INR|
|2019||$346 Million USD||₹2817 Crore INR|
|2018||$332 Million USD||₹2703 Crore INR|
|2017||$311 Million USD||₹2532 Crore INR|
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Amit Jain Income Details
Amit Jain has an annual income of more than ₹50 Crore INR every year from his companies mainly Car Dekho. Amit Jain’s primary income sources come from the salary he draws from different companies he works with. Other than the salary he draws, Amit Jain also owns many stocks and shares of companies that are worth more than millions of dollars. Amit Jain net worth is because of the number of stocks and shares he holds from his different companies such as Car Dekho, Bike Dekho, Zig Wheels, OTO, and Insurance Dekho.
All the companies that Amit Jain owns have a combined valuation of more than $2.5 Billion USD or more which automatically makes Amit Jain a millionaire entrepreneur and businessman.
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Amit Jain on Social Media
Amit Jain Career Highlights
Amit Jain completed his schooling at St. Xavier’s School, Jaipur, Rajasthan. After completing his high school education, he completed his B.Tech Degree from IIT Delhi.
Amit Jain joined TATA Consultancy Service as a Software Engineer after completing his Bachelor of Technology Degree. He worked as a software engineer in TATA Consultancy Service for a year and later he resigned from TATA Consultancy service to find new opportunities.
He started working in Trilogy which was a software company in Austin, Texas, USA. There he started working as a Senior Associate.
After some years, he was promoted to the position of Product Manager, and later he became the Delivery Manager. He worked for Trilogy for almost 6 years.
After his father passed in 2006, Amit Jain returned to India and resigned from his company Trilogy. He came up with the idea of starting a business in his hometown.
In 2007, Amit Jain along with his brother Anurag Jain started an IT firm named GirnarSOFT. GirnarSOFT was the first venture of Amit Jain along with his brother Anurag Jain.
In 2008, Amit Jain co-founded Car Dekho as the flagship venture of their company GirnarSOFT.
Amit Jain in an interview stated that he co-founded cardekho.com with his brother Anurag Jain with the idea of starting a business for used cars. He said that there were multiple businesses for new cars but nothing for used cars so they worked with car dealers on the front end and tied up with the banks at the back end.
In 2009, Bike Dekho was launched as the first subsidiary company of Car Dekho. Bike Dekho was an e-commerce portal which was dedicated to Motor Bikes.
Before raising its first round of funding in 2013, Car Dekho was valued at ₹250 Crore INR. In their first round of funding in 2013, they raised $15 Million USD from Sequoia Capital India.
In 2014, Car Dekho acquired Gaadi.com, and the next year in 2015 the company acquired Zig Wheels from Times Internet which was a part of the Times of India Group. Later Times Internet became an investor in Car Dekho’s parent company GirnarSOFT.
In 2019, Car Dekho acquired Carmudi, which is a Philippines-based online classifieds site for cars. Car Dekho acquired Carmudi for their expansion to South East Asia. Currently, Amit Jain’s Car Dekho has raised a total funding of $497 Million USD and is valued at $1.2 Billion USD.
In 2022, Amit Jain replaced Ashneer Grover as a Shark in the famous TV show Shark Tank India season 2.
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Common FAQs about Amit Jain
What is the net worth of Amit Jain?
Amit Jain net worth was ₹3000 Crore INR which was equal to $368 Million USD in 2021. It can be estimated that Amit Jain net worth might increase up to ₹3064 Crore INR or $375 Million USD by the end of 2022.
Who is the founder of Car Dekho?
Amit Jain is the co-founder of Car Dekho.
Is Amit Jain in Shark Tank?
Yes. Amit Jain replaced Ashneer Grover as a Shark in Shark Tank India season 2.
What is the valuation of Car Dekho?
Car Dekho is valued at $1.2 Billion USD or ₹9806 Crore INR in 2021.
Is Amit Jain rich?
Yes. Amit Jain net worth of $368 Million USD makes him one of the richest sharks in the show Shark Tank India season 2.