This BTech graduate built a CarDekho startup along with his brother - Amit Jain


Amit Jain

   Amit Jain is the Co-Founder and CEO of CarDekho. It is India's leading car search startup that helps users purchase cars that are right for them. He is from Rajasthan, India.

CarDekho

CARDEKHO:- https://www.cardekho.com/    

EDUCATION

   Amit earned his initial studies from St Xavier's School, Jaipur. Then, he completed his BTech from IIT Delhi. 

AWARDS AND HONORS

  • Website of the Year in 2012
  • Amit featured in the YourStory, Business Standard, Economic Times, and many more platforms as an entrepreneur

ENTREPRENEURIAL JOURNEY

    During the year 1999-2000, Amit worked as a Software Engineer at Tata Consultancy Services. He was then employed as a Senior Associate, Delivery Manager, and Product Manager at a company called Trilogy for about 6 years. This is a software-based firm situated in Austin, Texas. 
    Amit returned home after his father was detected with cancer in 2006. It was when he thought of establishing an IT outsourcing company in his hometown. So that, he established a company named GirnarSoft in 2007. He is the CEO of the company and Co-Founder along with his brother. His aim was to build an online platform that will drive traffic from Google and appear on the top. 


     Amit with his brother dreamt of establishing a million-dollar company through an IT-based firm. So that, Amit with his brother started with a small garage at their home. They dreamt of establishing an IT outsourcing firm and soon a team of 20 people started working for them.
   The first year of the company proved to be profitable and eventually, they could buy a place for an office. But in 2009, the brothers lost around one crore of their hard-earned money in stocks and had no funds and no money in hand. Amit didn't know how he would manage the office expenses, salaries, etc. Without losing hope, he learned that it is very important to use corporate money with sanctity.
     With a pre-established company, both the brothers started thinking of an online venture CarDekho. However, they were still in a dilemma of paying 50 employees of their team. Still, they made CarDekho live in just two weeks. The idea of launching CarDekho came when they attended the Auto-Expo in Delhi. After doing the necessary calculations, they got to know that they can recover their loss through this online venture. The turning point came when they took CarDekho as an official flagship project.

    Buying a car is for sure an important decision for a middle-class family, they need to have proper guidance. CarDekho proves to be the best online platform that a common man needed.
    In 2013, the company got weighty funding from an American-based company, Sequoia Capital. It significantly attracted many companies for advertising because of the spectacular online presence of CarDekho. Later, it also acquired Gaddi.com in 2014 and Zigwheels in 2015. Without any doubt, CarDekho played a vital role in lifting the name of the parent company GirnarSoft.
    Today, The companies headquarter is in Jaipur, Rajasthan. The parent company GirnarSoft claims its worth to be at $360 Million. There are about 2,800 employs working for the CarDekho application software. The CarDekho revenue stands at $37.4 Million. It has historically raised $262.5 Million in funding. In 2009, the company also launched MobileDekho, ShopDekho, PriceDekho, BikeDekho and CollegeDekho.

We celebrated even our failures, we had a drink that night, like on any day when he had success or launch, and put it all behind us.

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