New Delhi: CarDekho Group CEO Amit Jain organized the first edition of the two-day Girnar Elevate Summit 23 to empower the Shark Tank Investee companies & others. The Summit, held on 1st & 2nd May ’23 in their Jaipur headquartered office, was a one-of-its-kind event that reflected Amit Jain’s deep interest in personally connecting and guiding the founders of the investee companies.
Shark Tank India has provided a platform for budding entrepreneurs to showcase their ideas and attract potential investors. Post the fundraiser at shark tank, an essential element sought after by these investee companies was mentorship and guidance to propel their businesses in the hyper-growth trajectory.
To achieve this objective and empower entrepreneurs, Girnar Elevate Summit was conceptualized. The Summit is designed to curate bespoke sessions for these companies in various domains, enabling them to expand their horizons and acquire the necessary skills to reach greater heights.
- More than 25 shark tanks & other companies participated in the event.
- The event consisted of multiple sessions conducted by CarDekho Group’s C-suite executives & other Industry leaders.
- Amit Jain shared CarDekho’s journey and business insights to enable startups to grow and be future-ready with Elevate.
More than 25 investees & other companies, including Dobiee Foods, Ekatra, Funngro, Sahayatha, Maisha, Pflow, and Aadvik Foods, among others, participated in the event with the objective of learning from the experts & gaining market insights.
The first day of the event was energizing, commencing with a participants introduction session, “Breaking the Ice,” followed by an engaging “Shark Wisdom” connect by Amit Jain. Anurag Jain, the Co-founder, also shared his expertise on “Journey to Build a Unicorn.” The day progressed with various sessions, including “App Technology & product orientation” by Ajay Jangir, Tech Head at CarDekho Group.
In addition, the Summit provided a platform for the companies to engage & gain knowledge from industry experts, such as a session by Google on “The Power of YouTube” and an insight on “The Insta-Strategy” by a Meta expert. Mohit Yadav, CEO of Minimalist, shared his insights on “Product Differentiation and building a Brand and Community,” while Abhishek Shah, CEO of Almo, discussed “How to build a D2C stack – What Does It Take to Run It?” & “Fund Raising” session by Rama Bethmangalkar, Qualcomm partners & a session on “ESOP Dynamics” by Sharat Khurana, CEO, Carta. The first day concluded successfully with an “AMA session” called “Shark Tale,” where Amit Jain answered attendees’ questions.
Following the success of Day 1, Day 2 of the event featured parallel sessions such as “Building a Process-Driven Organization in Finance & Accounts Function by Jitin Kapoor, CEO MMB and working capital management by Gaurav Arora, Head of Investor Relations, CarDekho Group & ‘Building an Effective SEO Strategy’ by Charu Kishnani, Executive Vice President Marketing at CarDekho Group followed by “Building Offline Distribution Network and “Building Community on App. Other sessions included “Building Brands on Insta, “Customer Support Tools & Automation,” “SEO Toolkit Demo,” and “Influencer Marketing”, respectively.
Sharing his thoughts, Amit Jain, CEO & CoFounder CarDekho Group, said, “The Indian startup ecosystem has seen exponential growth in the past few years. In 2022, India emerged as the 3rd largest ecosystem for startups globally. I firmly believe that merely investing in startups is insufficient to propel their growth. To achieve this, startups must be nurtured and supported with the appropriate resources and knowledge. Supporting startups not only creates significant employment opportunities but also helps boost the country’s overall economy. Our first Elevate Summit 23 was an excellent opportunity for us to provide a conducive environment and guide our investee companies in utilizing their resources effectively.”
The Summit has provided a valuable opportunity to cultivate the next wave of leaders who will drive India’s economic growth through technology and innovation. We eagerly anticipate future editions of the event.
Founded in 2008, CarDekho Group is credited for completely transforming the vehicle.
Ownership ecosystem in India through its several companies. A $1.2 billion Unicorn, CarDekho Group operates companies in Insurtech (InsuranceDekho), Fintech (Rupyy), new vehicle, and used car segments. It also operates India’s leading automobile content portals, such as CarDekho.com, Gaadi.com, ZigWheels.com, BikeDekho.com, and PowerDrift.com. Leveraging innovation and technology, CarDekho Group has become one of the fastest-growing players in the industry, clocking INR 2400 crore of revenue ARR (Annual Revenue Run Rate) in Mar ’22. The group is GPTW (Great Place to Work) gold standard certified and has adopted 5 UN sustainable development goals as part of its ESG charter. CarDekho Group is backed by marquee investors like Sequoia, Hillhouse, CapitalG, Ratan Tata, and Leapfrog (ESG-focused investment fund), amongst others.