Mayank Jain will be working closely with Amit Jain and be based in Gurugram
New Delhi, NFAPost: CarDekho Group, India’s leading auto-tech company, has further fortified its leadership team by appointing Mayank Jain as CEO of the New Auto business.
He will be responsible for strengthening the organisation’s new auto offering, and deepening engagement with OEMs, dealer network and other enterprise partners. He will operate out of the CarDekho Gurugram office and will be reporting to CarDekho CEO & Co-Founder Amit Jain.
Mayank Jain brings in rich experience of over 18 years working in technology, media and telecom sectors in India and Internationally. Prior to this, he was the CEO of the Hindi News cluster at Network18, where he managed a cluster of 7 news channels. He has held leadership roles in sales, marketing, product management and strategy in companies such as Disney Star, British Telecom, Samsung, and HT Media.
CarDekho Group Chief Executive Officer & Cofounder Amit Jain said he is delighted to welcome Mayank Jain to the CarDekho family.
“Mayank is a highly reputed professional in the media world and has an impressive track record of scaling businesses across varied industries. His deep customer understanding and expertise will enable us to design and provide the best AutoTech solutions to our partner customers,” said Amit Jain.
Speaking on his association with CarDekho Group, Mayank Jain said he is delighted to join the CarDekho group and have the opportunity to work with one of the best teams in the AutoTech space.
“Our market leading portfolio of auto portals & platforms help customers buy Cars, Bikes, Commercial Vehicles and other products & services, whilst our suite of innovative solutions & technology enable Auto manufacturers and dealers to build their brands and sell more. It’s an exciting time for the industry, and I look forward to scaling the New Auto business by delivering greater value to our partner customers,” said Mayank Jain.
Over the years, Mayank has made an enormous contribution across different industries. In the year 2019, he received the IMPACT 40 under 40 award for achievement in Media, Marketing and Advertising industry. He is a Computer Engineer and an MBA from INSEAD, and also holds a Post Graduate Diploma in Management from MDI Gurgaon.
CarDekho Group, headquartered in Jaipur, was founded in 2008 and has footprints in India and South-East Asia. The group currently operates various leading Indian auto portals such as CarDekho.com, Gaadi.com, ZigWheels.com, BikeDekho.com, PowerDrift.com and more.
With more than 70 stores, Its CarDekhoGaadi stores serve as the one-stop destination for customers to sell pre-owned cars and CarDekhoGaadi Trust Mark Stores serve as the one-stop destination for customers to buy pre-owned cars.
The group is now recognised in India as the largest automotive video content player with 4 million+ hours viewed annually on YouTube, the largest consumer-facing digital destination with 55 million+ monthly unique visitors, and the largest auto social media platform.
In 2016, the company expanded its presence in Indonesia under the brand name OTO, which has become the number one auto site in the country. It recently acquired the Philippines operations of Carmudi thereby expanding its operations to two Southeast Asian countries.
CarDekho has raised funding from marquee investors including Sequoia India, Hillhouse Capital, Ping An, SunleyHouse, CapitalG (formerly known as Google Capital), HDFC Bank, Axis Bank, TimesInternet, Trifecta, Ratan Tata, Times Internet Limited, Kreatif Media Karya and Dentsu.