recently when girnarsoft better known as cardekho raised 235 million with a valuation of 12 billion it became the first unicorn in rajasthan but when amit and anurag jain brothers who share the same date of birth and separated by two years relocated to jaipur in 2006 they had no idea of the dream journey they came here to stay with the family and attend to their ailing father leaving behind wellpaid jobs in bangaloreafter our father passed away in 2006 we tried to look after his gemstone trading business after six month into it we found that technology is where our heart is recalls amitamit was working for trilogy incubating new ideas before he came to jaipur he already had successes with portals like yourbillbuddycom that matched customers phone bills and offered the best service pack from the operator anurag was a programmer at sabre a technology company that served airlinesthey knew technology and had contacts thats how they came around to setting up girnarsoft initially doing projects for others jaipur did not have a great it talent pool as it has now to overcome the handicap we started training college students in different programming languages and inducted them in our operations recalls anurag in the first year of the operation they made some profits and wanted to gift a bmw car to their grandfather we searched online for information about cars but could not find anything so anurag and i went to the auto expo in delhi we collected brochures and coded them into a platform so that buyers can have information on the net thats how cardekho was born in 2008 says amitthe venture needed new product ideas for scaling as the it services business could only scale on manpower we were a technology company at heart and india was getting ready for online businesses we started building products online portals for various categories with our technology prowess for cardekho it meant creating quality content related to information about cars exact prices and specifications we did reviews and comparisons as well by 2010 the website had attracted a lot of traffic thats when people started noticing us while advertising revenues started coming in we monetized the customer leads by selling them to partner oem and dealers says anurag also an iitian from delhi like amitwith prospects expanding for cardekho in 2013 it raised funding for the first time at a valuation of 50 million today it has a commission revenue of rs 1000 crore in 2015 it acquired zigwheelscom and gaadicom paving its entry into the used car marketafter acquiring gaadicom we started meeting dealers the issue of financing came up banks used to take 1012 days to finance cars while loan approval rate was 40 we tied up with banks and did technology integration as a result the loan approval rate improved to 75 while turnaround time reduced to 45 days that expanded the business now we are the largest lender of used cars as