Girnar Vision Fund

The fund is a balance-sheet vehicle financed primarily by operating profits from Girnar Software, the parent company of CarDekho and other auto-tech platforms. It has not publicly raised third-party LP commitments. This structure allows indefinite holding periods and flexible check sizes without external redemption pressure.

Amit Jain, co-founder and CEO of CarDekho Group, oversees investment decisions. Anurag Jain, co-founder and COO, participates in deal evaluation. The fund operates without a formal external investment committee, relying on the brothers' direct operating experience in auto-tech and digital marketplaces.

Girnar Vision Fund is the investment arm of Girnar Software, which owns CarDekho. The fund deploys capital generated by CarDekho's marketplace, insurance, and financing businesses into external startups. CarDekho's dealership and OEM relationships serve as a proprietary deal-sourcing pipeline.

The fund primarily targets India-based startups but has extended capital to Southeast Asian auto-tech platforms. Its parent group's presence through acquisitions like Zigwheels provides regional market intelligence that informs cross-border allocations.

The fund has no publicly stated exclusion list, but its investment pattern concentrates on auto-tech, enterprise SaaS, and fintech tied to vehicle commerce. It has not deployed into biotech, deep-tech hardware, or consumer-packaged goods.

Deal flow originates through CarDekho's commercial relationships with 30,000-plus dealer partners and OEMs, who surface startups solving operational friction. The Jains also access secondary deal flow through their angel network and co-investor relationships formed during CarDekho's own venture-backed fundraising.

Yes. The Girnar Foundation, also backed by the Jain brothers, focuses on education and healthcare in Rajasthan. It operates as a distinct legal entity with its own governance, though both the fund and foundation ultimately trace back to the same wealth-generation source.