Are you looking for Amit Jain’s net worth? It is one of the hottest topics on the internet these days. He is known as the richest shark in Indian history. But how rich is he or how much money does he have actually? If you have the same question, you’re in the right place.
Here, I am going to tell you everything shedding light on his net worth, career, family, and so on.
So, Let’s dive right in.
Table of Contents
First Thing First: Amit Jain Net Worth
A quick snapshot of what this one of the top sharks makes:
- Amit Jain Net Worth: $365 million
- Amit Jain’s Net Worth In Rupees: Rs. 3017 crores
- Amit Jain’s Yearly Salary: $80 million or Rs. 650 crores
- Amit Jain’s Monthly Salary: $6.6 million or Rs. 54 crores
Who Is Amit Jain?
Amit Jain is the CEO and co-founder of CarDekho. He is known for his appearance in Sony TV’s show Shark Tank India Season 2.
Season 2 of Shark Tank India was undoubtedly a blockbuster. However, many audiences must be missing Ghazal Alagh and Ashneer Grover. But the space was completely filled with the stunning entry of Amit Jain in the show in S2.
In just a few times, he earned a pretty good reputation as the most successful judge on Shark Tank.
Is Amit Jain richer than Ashneer Grover and Ghazal Alagh?
Amit Jain Education, Family, And Early Life
Amit Jain was born into a family with a legacy of entrepreneurship. On 12th November 1976, he took his first breath in this world. His father, the Late Mr. Prashant Jain, was a former RBI officer and a gem dealer, while his mother, Neelma Jain, is a housemaker.
He took a school admission to St. Xavier’s Senior Secondary School for his early education in his hometown, Jaipur, and went on to join the Indian Institute of Technology, Delhi (1995-1999), where he obtained a bachelor’s degree in technology.
[Recommended Read: Net worth of Techno Gamerz]
Career and Entrepreneurial Journey: Amit Jain Companies
After completing his engineering degree, Amit Jain kick-started his career as a software engineer at Trilogy which is a renowned software company in Austin, Texas.
Further, he also got an opportunity to work at a leading IT services company in India, Infosys. Where he played a crucial role in developing an innovative online banking platform for ABN Amro Bank.
After his father’s death in 2006, he took the weight on his shoulders. He left his job and in 2007, Along with his brother, Anurag Jain, he co-founded GirnarSoft, an ISO 9001 and ISO 27001-certified software outsourcing company.
This venture was highly successful which led them to convert their garage into an office. In 2008, the duo launched one of India’s largest online car marketplaces, CarDekho.com.
It’s an online website that helps Indians buy and sell cars, compare prices, and get reviews from previous car owners. They started getting funds and got their first milestone of $15 Million in 2013. In 2015, Cardekho raised successful funding of around $50 million from prominent investors, including Hillhouse Capital, Sequoia Capital, and Google Capital.
They also partnered with all major OEMs and over 3500 new Indian car dealers to dominate 20+ markets. Today Cardekho’s net worth has a major contribution from its revenue of over $ 1.2 billion. It’s really amazing to know that he never advertised or did any marketing for CarDekho but still, it reached this huge success.
With the “Dekho” tag many platforms were founded such as CollegeDekho.com, BotsDekho, BikeDekho.com, and InsuranceDekho.com (the largest B2B Insurtech). Well, not all ventures have this “Dekho” tag.
Zigwheels Carmudi Philippines, Carddrift, and Gaadi.com are also great acquisitions that let them penetrate over 100 international markets.
“I have been an investor in our own group companies”
—Amit Jain said in an interview with Business Today.
He likes to invest in his own ventures or companies. However, he also invested in SUGAR Cosmetics, Rubans, KarmaLife, and other high-profile businesses.
Also, Read the net worth of Bhuvan Bam, Technical Guruji, and CarryMinati.
Shark Tank India Season 2
Amit Jain’s journey to success led him to the 2nd season of Shark Tank India. Replacing Ashneer Grover, Amit Jain showed up in the third week of the season and stuck with the show till the finale and invested Rs. 9.46 Crores of money into several startups.
Let’s have a look over 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
Today, Amit Jain’s net worth stands at an impressive $365 million. He is a technology-oriented car lover with an immense collection of cars. He lives in a lavish mansion in Jaipur with his family.
“I love cars, but I love technology-oriented cars more. I like Teslas, their tech is fairly advanced.”
—says Amit Jain on Raj Shamani’s podcast.
His garage 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.
His contributions to the Indian startup ecosystem also earned him esteemed accolades, such as the Entrepreneur of the Year award at the Economic Times Awards for Corporate Excellence in 2016.
Suggested Readings: Net worth of Technical Guruji | Net worth of Sandeep Maheshwari
Frequently Asked Questions About Amit Jain Net Worth
Amit Jain has a net worth of Rs. 3017 crores or $365 million.
Amit Jain is the richest Shark Tank in India.
CarDekho is valued at around Rs 9,769 crore or $1.2 billion.
In The End: Amit Jain and His Progressive Journey
Amit Jain is a live example of determination, expertise, and innovation. From a software engineer to a successful entrepreneur and a Shark Tank India judge, his journey is remarkable.
With a net worth of Rs. 3017 crores or $365 million and a thriving business, Amit Jain has a lasting impact on the business world. Kindly note that his net worth has been estimated according to Amit’s income sources, businesses, assets, and lifestyle. Who is your favorite Shark? Let us know in the comments.
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