Contents
Anurag Jain is an Indian entrepreneur who is known for being the CEO and Co-founder of the CarDekho group along with his brother Amit Jain. Anurag is also known for being the COO and Co-founder at GirnarSoft.
Wiki/Biography
Anurag Jain was born on Monday, 12 November 1979 (age 43 years; as of 2022) in Jaipur, Rajasthan. His zodiac sign is Scorpio. He did his schooling at St. Xavier’s Senior Secondary School, Jaipur. He pursued an integrated master’s degree in technology, mathematics, and computing at the Indian Institute of Technology, Delhi.
Physical Appearance
Height (approx.): 5′ 3″
Hair Colour: Black
Eye Colour: Black
Family
Parents & Siblings
The name of his father is not known. He died in 2006. His mother was a homemaker. He has an elder brother Amit Jain, who is also a co-founder of CarDekho.
Anurag Jain with his brother
Wife & Children
The name of his wife is not known. He has a son.
Anurag Jain with his wife (right) and son
Career
In November 2002, he joined i2 Technologies as a senior systems consultant. In 2006, he started working as a Senior Operations Research Analyst at Sabre Holdings. In 2006, he opened a small office in his home garage and incorporated the software company GirnarSoft with his brother, Amit. In 2008, after attending the Auto Expo in New Delhi, they decided to start the CarDekho portal, which provided users with reliable information and reviews on used and new cars. After their portal CarDekho flourished, they launched various other ventures like InsuranceDekho, BikeDekho, and CollegeDekho. Later, they also acquired Gaadi.com and Zigwheels.
Facts/Trivia
- In 2006, he and his brother left their jobs and returned to their hometown to look after his father who was suffering from cancer. In their initial days in Jaipur, they worked in their father’s gemstone business.
- When they started their business, they faced a lot of problems. In 2009, they lost around Rs. 1 crore in stocks and had no funds even to pay their employees.
- In 2013, an American-based company, Sequoia Capital, extended funds to their company.
- In 2022, their company started a new company, which gave out loans to people who wanted to buy old cars. In an interview, Amit talked about this venture and said,
For new cars, there are so many agencies for loans. But that was not the case for used cars. That gave us the idea of creating a platform with 15 agencies dealing with loans. At the back end, we tied up with banks and in the front, we joined hands with dealers. Earlier, the loan approval rate for used cars was 40 per cent. But with so many people to lend to, it shot up to 75 per cent. From 12-15 days approval, we reduced it to 3 days using technology.”