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Who is Amit Jain - Everything to know about Shark Tank India Judge

Who is Amit Jain? Everything to know about the Shark Tank India Season 2 Judge.

The teaser of Shark Tank India Season 2 features former judges from season one like Namita Thaper, Anupam Mittal, Aman Gupta, Piyush Bansal and Vineeta Singh. Apparently, shark Ashneer Grover has been dropped out of the show and a new one is about to replace him. Amit Jain is reportedly to replace the infamous shark Ashneer in Shark Tank India Season 2.

The Sony Television Network is once again back with its brand-new season of Shark Tank India. The first season of the show had received immense support and love from the fans. It became an instant sensation on social media platforms with several funny and creative memes being shared all across. It took the online world in a whirlpool.

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Amit Jain can likely be called the replacement of the Bharat-Pe founder, Ashneer Grover as he is the newest shark on the show. His unicorn startup, ‘CarDekho’, is worth US$1.2 billion today. This 45 years old CEO and Co-founder of the company hopes to mentor budding entrepreneurs to build a new India. Amit hails from Jaipur and is an alumnus of IIT Delhi.

Amit Jain had started his career at the TATA Consultancy Services as a software engineer. He then flied to the US and worked in Austin, Texas for about seven years before returning to India.

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Later on, he teamed with his brother Anurag Jain and started a company named ‘GirnarSoft’ which was a software solutions company for businesses. The idea of CarDekho, an online car sales platform, came to the two brothers when they visited a car exhibit in Delhi. Launched in 2008, CarDekho was a rebooting venture for seven long years before it turned lucrative.

It received a funding of US$15 million in series in 2013 and has now reached unicorn status with a US$1.2 billion valuation in merely 15 years.

The new shark did not encounter a smooth journey to success. His path was filled with numerous difficulties and extreme patience. In 2009, the Jain brothers had lost over US$ 1 million in the stock market. They were hardly left with any funds and had about 50 employees to pay.

However, instead of giving up on their entrepreneurial vision, they remained determined and took CarDekho to new heights. As an entrepreneur who started his business in his home’s garage, he now has a net worth of US$360 million. In INR it is estimated to be around Rs,2984 crores.

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In a recent interview given to the GQ magazine, Amit Jain shared his views about the show and his experience of the same. Talking about the show he said, “Shark Tank is a phenomenal platform which has propelled entrepreneurial journeys to the hyper-growth orbit by providing not only funding but also sponsorship of Sharks. Season 1 of Shark tank in India fired up the same streak for all Indian startups and has changed the Indian outlook towards entrepreneurship.”

Furthermore, he continued, “I am confident that season 2 will surely be a bigger, better and more versatile platform for the Indian entrepreneurial dreams. I am very excited to share my experience of decades with budding entrepreneurs on the show and mentor them to build a new India.

We will surely write some defining stories during the course of this journey. I compliment the channel and entire shark tank team for being the launchpad to the wonder world of building businesses.”

With so much buzz around the show, the viewers cannot wait for it to premier, nor can we.

Focusing on Literature and Lifestyle of the Urban Youth of the Country, LitGleam is a monthly magazine, an intrinsic part of BlueRose Publishers.

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