Top 10 Companies Funded & Invested By Shark Amit Jain till 2023
One of the greatest entrepreneurs Amit Jain came into the limelight when he joined the famous show, Shark Tank India Season 2. He is the shark who built the nostalgic CarDekho.com website and business. He replaced the controversial Ashneer Grover and took his place in the show. Now, these big entrepreneurs are always investing in and funding companies.
They always think to expand their income source by investing and funding. Similarly, we have seen Amit Jain investing and funding many startup companies. Today, there are many companies invested by Amit Jain and companies funded by Amit Jain.
The best way to invest or fund a business is to find a unique product or service in them. The more unique and innovative businesses you invest the better it becomes for the investors and the business in particular to earn great profit. Further in this article, we will talk about the top 10 companies funded or invested by Amit Jain.
Top 10 Companies Invested by Amit Jain
GirmarSoft is a digital service company that was founded by Amit Jain and his brother Anurag Jain. These are the companies that are invested in by GirmarSoft:-
Rupyy
Rupyy is a new platform that has been invested in by CarDdekho. They are launching this specialized fintech platform Rupyy. It is an auto-tech company that is offering financing options to all automobile customers out there. The headquarters of this business is located in Gurugram, Haryana. Interestingly, all the help you get from this company is paperless.
They offer loans within a few minutes and you do not need to sign them physically. This platform offers a wide range of financial products such as new car loans, used car loans, two-wheeler loans, personal loans, loans against cars, and many more. CarDekho has invested US$ 100 million in a mixed debt and equity in this beautiful and unique company.
Medulance
CarDekho has made a piece of recent news by partnering up with Medulance. Amit Jain has been quite focused on investing in unique business platforms and Medulance is one of them. Medulance has a free-of-charge integration that has partnered with the CarDekho application. It will help users to call an ambulance from the app and website in case of an emergency.
Medulance is India's first GPS-based technology platform for fast and reliable medical attention. They offer end-to-end emergency response service, Emergency Management Technology, and have trained drivers and certified paramedics. Amit Jain has invested a whopping Rs 5 crore in this unique business.
Snitch
This clothing apparel company made some good headlines when it appeared in the second season of Shark Tank. Snitch is a clothing business company that is highly famous for selling top-quality clothing apparel in the Indian market. You get premium quality clothing materials at a reasonable price tag. Amit Jain was quite interested in the product quality of this company and invested $15 million in this company.
PriceDekho
PriceDekho is India's leading search and comparison website. This website features more than 1.2 crore products from 100+ online sellers. You can find what is the best at the lowest price from 100+ different sellers. The website also features coupons and deals from more than 100 sellers for users to get the best offer.
This website featured detailed product specifications, reviews, photos, features, videos, and ratings to enable the users informed related to the product they are looking for. Unfortunately, we do not know how much did Amit Jain invest in his unique business company.
BikeDekho
Many of us surely know this business website launched by CarDekho. It is a web portal that is under the renowned GirnarSoft Group. The company believes that customers are king and always focuses to satisfy them. At BikeDekho you can either sell your old bike, buy a used bike, compare bike prices, get good dealers, and get an on-road price tag. Here, you can get the best deals from different sellers.
Other than that, you can also calculate EMI options and can find tires for your bike. Additionally, you can give reviews and ratings of the bike you are viewing. BikeDekho generates $14.2 million annually and gives a good profit to Amit Jain. Unfortunately, we do not know how much was invested by Amit Jain in this company.
CollegeDekho
GirnarSoft is a web development platform and Amit Jain is the CEO of the company. This portal has created BikeDekho, CarDekho, CollegeDekho, and many more. CollegeDekho is one of those companies started by GirnarSoft. The head office of this college-searching portal is located in Haryana. CollegeDekho is a college-searching website that was founded for students.
This company is one of the fastest-growing education services providers in India. It connects students to colleges and universities giving them every detail starting from courses to fees. This portal has partnered with more than 1000 colleges and clients around the world. CarDekho recently invested US $ 1 million in this education service provider.
Gaadi.com
GirnarSoft is the parent organization of Gaadi Web Private Limited. It is currently India's leading auto portal that is offering users a host of services like new car research, car purchase, new car purchase, used car purchase, classified cars, and many more. They have more than 3 million monthly visitors and generate ample revenue to keep the company running.
It is the best place where a user can sell and buy a car easily from certified sellers. The total money that was required to start this web portal is the amount invested by Amit Jain.
Zigwheels
Zigwheels is another great car-searching web portal. The owner of this web portal is GirnarSoft. Today, Zigwheels is the best car and bike research app in India. It helps users to verify, buy, and look at all the details of the car and bike before buying them. You get used, to new cars from this website.
In short, this website gives you in-depth information related to your product. As of 2020, the total revenue of Zigwheels stood at $120 million which is just awesome. Unfortunately, we do not know how much was spent by GirnarSoft to open this web portal.
InsuranceDekho
InsuranceDekho is also called Girnar Insurance Brokers Private Limited. The company is wholly owned and operated by Girmar Software Private Limited. This company was founded back in 2016 and has been successfully operating ever since. InsuranceDekho is an online platform that lets users compare insurance policies from top companies and purchase them.
You get every insurance using this platform, for example, bike insurance, car insurance, personal insurance, family insurance, POSP Insurance agent, and many more. GirnarSoft being the parent company invested US$ 20 million which is around Rs 147 crore in this insurance company.
PowerDrift
PowerDrift Studios Private Limited is 10 years and four months old private company. This company was incorporated on October 2012 and has been running successfully ever since. The registered office of this company is located in Pune, Maharashtra. The parent organization of this company is none other than GirmarSoft. This company is also classified as a non-government company and is India's favorite auto show.
PowerDrift Studios Private Limited is a YouTube channel that shows various cars and bike stunts. The channel claims that they have generated 240 million lifetime views with an average of 200,000 views per video. Unfortunately, we do not know how much this YouTube channel was bought by GirmarSoft.
Disclaimer: The information provided in this post is for general informational purposes only and does not constitute professional advice. Please consult a qualified professional before making any decisions based on this content.
