Amit Jain, the founder of CarDekho and the new Shark Tank India judge has a net worth of Rs 2990 Crores which is equal to US $365 Million. His company has a valuation of over US $1.2 Billion. He is going to be the richest Shark on Shark Tank India Season 2 leaving behind Aman Gupta who has a net worth of Rs 1000 Crores. Amit Jain replaced the BharatPe founder Ashneer Grover in Shark Tank India recently which has made people search for his wealth, companies, investments, car collection and properties. Here we have covered everything you need to know about the net worth of Amit Jain the newest Shark in the town.
Amit Jain Net Worth Breakdown
Amit Jain started the company CarDekho in 2007 with his brother Anurag Jain. The online portal that lets you buy new cars, get the list of prices of all versions of a car and buy and sell used cars has grown huge in popularity. CarDekho has become a massive company that is now revered as one of the best places to deal in cars. Amit Jain has amassed a huge chunk of his massive net worth of Rs 2990 Crores from CarDekho shares.
However, Amit Jain has also invested in various stocks and companies which now value at over Rs 58 Crores right now. He disclosed recently in the corporate shareholdings filed in September 2022 that he holds the stocks of 14 companies with a value of about Rs 58 Crores.
Amit Jain joins the illustrious panel of Sharks in the newest season of Shark Tank India. Stream the show and watch Amit Jain, CEO & Co-Founder, CarDekho Group, invest his money and expertise into hopeful entrepreneurs. Tune in!#CarDekho #AmitJain #BharosaKarKeDekho #SharkTank pic.twitter.com/FeecnUYuE6— CarDekho (@CarDekho) November 1, 2022
Stocks in which Amit Jain has invested:
- Atam Valves Ltd
- Kamanwala Housing Construction Ltd
- CMI Ltd
- Cosco India Ltd
- Galada Finance Ltd
- DCW Ltd
- Shanti Overseas Ltd
- SPS International Ltd
- Arman Holdings Ltd
- Rama Vision Ltd
- Goenka Diamond and Jewels Ltd
- Fino Payments Bank Ltd
- Godha Cabcon and Insulation Ltd
- Worldwide Aluminium Ltd
Amit Jain Net Worth: How He Became the Founder of CarDekho
CarDekho is a company in which Google Capital, Tybourne Capital, Hillhouse Capital, Sequoia Capital, HDFC Bank and Ratan Tata have invested. The company has revolutionised the way in which cars have been sold in India over the years. CarDekho is the major source of Amit Sial, the Shark Tank India judge who has a net worth of over Rs 2990 Crores.
However, when did Amit Jian come up with the idea of founding the CarDekho with his brother Anurag Jain? Let’s take a look at the background of this latest Shark.
Amit Jain is a former IITian. He was born on 12th September 1977 in an average middle-class family but he turned around his fortune with his hard work and intelligence. He is one of the most successful entrepreneurs in India right now. He acquired business acumen from his father who used to do the business of gemstones. His father passed away in 2006 and the responsibility of running the family business fell on Amit and his brother Anurag’s shoulders.
However, Amit and Anurag Jain wanted to do something bigger and decided to quit the family business in order to start their company CarDekho in 2007. Since then, they have been tremendous with their strategies which have helped them amass massive wealth over the years.
Amit Jain’s net worth of Rs 2990 Crores has been made impossible due to his willingness to sacrifice a stable life in order to build his own fortune. He was hired by TCS as a software engineer after completing his IIT degree. He left TCS for Trilogy a software-based company in Texas, USA. He returned to India in 2006 when his father died and decided to start his own venture CarDekho with his brother Anurag Jain.
Assets of Amit Jain
Amit Jain owns a lavish house in Jaipur his hometown. The property has all the luxurious facilities that you can imagine. From lush green gardens to aesthetically pleasing interiors. According to our estimate, his house is worth over Rs 30 Crores.
Amit Jain also owns a luxurious fleet of cars. From Mercedes to Audi his garage is full of high-end cars. His overall money spent on cars is about Rs 10 Crores. This money is a very insignificant amount in front of the massive net worth of Rs 2990 Crores of Amit Jain, the new Shark and CarDekho founder.
Amit Jain Net Worth FAQs
1- What is the net worth of Amit Jain?
Amit Jain has a net worth of US $365 Million.
2- What is the net worth of Amit Jain, the CarDekho founder and new Shark in rupees?
The net worth of Amit Jain, the CarDekho founder and new Shark in rupees is Rs 2990 Crores.
3- Is Amit Jain, the richest Shark?
Yes, Amit Jain is the richest Shark in season 2 of Shark Tank India.
4- Does Amit Jain has a net worth that exceeds Ashneer Grover‘s wealth?
Yes, Amit Jain is richer than Ashneer Grover.