Anurag Jain is an Indian entrepreneur who is known for being the CEO and CoFounder of the CarDekho group along with his brother Amit Jain. Anurag is also known for being the COO and CoFounder at GirnarSoft.
Wiki/Biography
Anurag Jain was born on Monday, 12 November 1979 (age 43 years; as of 2022) in Jaipur, Rajasthan. 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 along with Anurag.
Wife & Children
The name of his wife and son is not known.
Career
In Novemeber 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 GirnarSoft along with his brother Amit. In 2008, after attending the Auto Expo in New Delhi, they decided to start the CarDekho portal where they provided users with the right information and review of cars. In 2015, their ventures grew and they started other portals including BikeDekho, CollegeDekho, Gaadi.com and Zigwheels.
Facts/Trivia
- In 2006, he and his brother left their jobs and went back to their hometown to look after his father who was suffering from cancer. In the initial days in Jaipur, they worked on 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 to even pay their employees.
- In 2013, an American-based company, Sequoia Capital extended funds to their company.
- In 2022, their company started a new venture where they gave 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.”