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CarDekho’s Amit Jain On Building A Unicorn In A Tier II City, Investment Thesis & Scaling Abroad

Inc42 · 8m

Amit Jain, the founder of CarDekho, encourages aspiring tech founders to prioritize sustainability over funding and valuations. CarDekho is a parent company to several brands, including Rupyy and InsuranceDekho. Jain, a judge on Shark Tank India and an angel investor, started GirnarSoft in Jaipur in 2006. Despite the challenges faced by the Indian startup ecosystem due to the pandemic, CarDekho implemented strategic measures, such as discontinuing certain business lines and focusing on financing and insurance. This led to improved financials and reduced losses. Jain shares his insights and provides advice for entrepreneurs in Tier II and III regions. The group also supports other tech startups through its investment arm, Girnar Vision Fund. CarDekho aims to grow its user base and revenue, with a focus on integrated financing and insurance products and disruption in the mobility sector in India and abroad.