Sumit Jain

Last updated

Sumit Jain
Born13 June 1984
NationalityIndian
Education Indian Institute of Technology Roorkee
Occupation(s)Partner Unacademy. Co-founder and CEO Graphy.com
Known for Commonfloor.com
Website https://www.linkedin.com/in/sumjain

Sumit Kumar Jain (born 13 June 1984) is an Indian software engineer and Internet entrepreneur. [1] He started online real-estate portal Commonfloor.com for property seekers in 2007. Prior to that, he used to work with Oracle. As the co-founder and CEO, Sumit is responsible for driving the strategic direction for CommonFloor as well as delivering on company goals. [2] On 7 January 2016, the classifieds advertising platform Quikr announced that they acquired CommonFloor. [3] After 1 year of acquisition, Sumit moved out of Quikr. [4] In July 2017, Sumit along with Co-founder Ashwani Jain launched Opentalk, a social voice app aimed to help users become better at speaking English by talking with other English speakers. [5] Sumit is now the Co-founder & CEO of Graphy.com, a platform to help the creators grow their audience, monetize their skills, and host live cohort-based courses. Sumit has been elevated to partner/co-founder at Unacademy. [6]

Contents

Early life

Born and brought up in Khatauli, a small town in Uttar Pradesh, India. Sumit's father had a shop where he sold building products, in which he spent most of his time when a child, and sometimes his father left the store under his care for days, telling him not to call him for any reason. [7]

Career

Sumit graduated as a computer engineer from the Indian Institute of Technology Roorkee in 2006. After a short spell with Oracle Server Technologies, he decided to start his own business and in 2007 he started Commonfloor.com with Lalit Mangal and Vikas Malpani. He sold CommonFloor to Quikr in Jan 2016 and worked with Quikr for a year. He started Opentalk in 2017 along with Ashwani Jain. He Co-founded Graphy.com in 2020 along with Sushil Kumar, Shobhit Bakliwal, and Fiona Leong. [8]

Awards and recognition

Related Research Articles

<span class="mw-page-title-main">The Times Group</span> Mass media conglomerate in India

Bennett, Coleman and Company Limited is an Indian media conglomerate headquartered in Mumbai, Maharashtra. The company, which is a family-owned business, publishes The Times of India newspaper, which is the highest selling daily English-language newspaper in India, in addition to several radio stations, television channels such as Times Now, the film magazine Filmfare, and the women's magazine Femina. The Sahu Jain family continues to own a majority of the stake in the group, and in May 2023, the Times Group was split into two separate business entities between brothers Vineet Jain and Samir Jain, such that its radio and broadcast properties would remain with Vineet Jain and its print properties would be under Samir Jain.

<span class="mw-page-title-main">Nandan Nilekani</span> Indian businessman

Nandan Mohanrao Nilekani is an Indian entrepreneur. He co-founded Infosys and is the non-executive chairman of Infosys replacing R Seshasayee and Ravi Venkatesan, who were the co-chairs of the board, on 24 August 2017. After the exit of Vishal Sikka, Nilekani was appointed as non-executive chairman of the board effective 24 August 2017. He was the chairman of the Unique Identification Authority of India (UIDAI). After a successful career at Infosys, he headed the Government of India's technology committee, TAGUP. He is a member of Indian National Congress but not active in politics as of 2019.

Muzaffarnagar is a city under Muzaffarnagar district in the Indian State of Uttar Pradesh. It is situated midway on the Delhi - Haridwar/Dehradun National Highway and is also well connected with the national railway network. It is known as the sugarbowl of Uttar Pradesh.

<span class="mw-page-title-main">Rajendra Singh Pawar</span> Indian entrepreneur

Rajendra Singh Pawar is an Indian entrepreneur, chairman and co-founder of NIIT Limited, established in 1981. He also founded NIIT University, a not-for-profit university in Neemrana, Rajasthan, in 2009.

Ajit Jain is an Indian-American executive who is the Vice Chairman of Insurance Operations for Berkshire Hathaway as of January 10, 2018. Ajit Jain is an older cousin of Anshu Jain, who was the former Co-CEO of Deutsche Bank.

Anand Jain is an Indian business executive. He is the Chairman of Jai Corp Limited. He has 30 years of experience in various businesses, with an expertise in real estate, finance and capital markets and often considered as third son of Dhirubhai Ambani

<span class="mw-page-title-main">Naveen Jain</span> Indian-American business executive (born 1959)

Naveen K. Jain is an Indian-American business executive, entrepreneur, and the founder and former CEO of InfoSpace. InfoSpace briefly became one of the largest internet companies in the American Northwest, before the crash of the dot-com bubble and a series of lawsuits involving Jain. In 2010 Jain co-founded Moon Express where he is the Executive Chairman, and in 2016 founded Viome, where he is the CEO.

Deepak Puri is the founder, chairman and managing director of Moser Baer, which was liquidated in 2018 due to insolvency.

<span class="mw-page-title-main">Quikr</span> Indian multinational online marketplace company

Quikr is an Indian online marketplace and classified advertising company, based in Bangalore, India. Quikr has listings in over 1000 cities in India and in categories such as mobile phones, household goods, cars, real estate, jobs, services and education. It was founded by Pranay Chulet and Jiby Thomas in 2008.

<span class="mw-page-title-main">Commonfloor</span> Indian real estate portal founded in 2007

CommonFloor.com is an Indian real estate portal founded in 2007 by three computer science graduates from IIT Roorkee and JSSATE. On 8 January 2015, CommonFloor received funding from Google Capital. On 7 January 2016, the classifieds advertising platform Quikr announced that they have acquired CommonFloor.com.

Housing.com is a Mumbai-based real estate search portal which allows customers to search for housing based on geography, number of rooms, and various other filters. The company has 6,000 brokers and serves 40 cities in India including Chennai, Mumbai, Bengaluru, Kolkata and Delhi.

<span class="mw-page-title-main">Justin Waldron</span> American internet entrepreneur (born 1988)

Justin Waldron is an American internet entrepreneur known as the co-founder of Zynga, a mobile social gaming company, and Zynga.org, a non-profit organization to promote and facilitate the use of social games for philanthropic initiatives. In 2020 Waldron co-founded Playco, a mobile instant game company backed by Sequoia Capital, where he currently serves as president.

<span class="mw-page-title-main">Dalmia Group</span> Indian conglomerate company

Dalmia Bharat Limited (DBL) is an Indian conglomerate, which traces its origins to the businesses established by brothers Ramkrishna Dalmia and Jaidayal Dalmia in eastern India in the first half of the 20th century. In the 1930s, the group merged with the businesses of the Sahu Jain family to form the Dalmia-Jain Group. In 1948, the two families decided to split the businesses; the Dalmia businesses were further divided between Ramkrishna and Jaidayal.

<span class="mw-page-title-main">Vedantu</span> Indian Multinational Educational technology company

Vedantu is an Indian multinational online tutoring platform launched in 2014 based in Bengaluru, India. It primarily provides services to students from grades 4 to 12.

<span class="mw-page-title-main">Vijay Shekhar Sharma</span> Founder and CEO of Paytm

Vijay Shekhar Sharma is an Indian technology entrepreneur and multimillionaire business magnate. He is the founder chairman, managing director of One97 Communications founded in 1997 and its consumer brand Paytm which he started in 2010.

Impact Guru is a donation based crowdfunding platform for NGOs, social enterprises, startups and individuals.

Unacademy is an Indian multinational educational technology company that provides online educational platform with its headquarters in Bangalore. It prepares students for various competitive exams, as well as provides content on foundational (K-12) and skill building courses. It was founded by Gaurav Munjal, Hemesh Singh and Roman Saini in 2015. As of May 2022, Unacademy was valued at US$3.44 billion.

References

  1. Punit, Itika Sharma (10 January 2015). "'We want to be the Google of Indian real estate: Sumit Jain'". Business Standard India. Business Standard . Retrieved 10 January 2015.
  2. "Sumit Jain Built an Incredible Business From Scratch".
  3. Reporter, B. S. (8 January 2016). "Quikr buys CommonFloor in $200-mn all-stock deal". Business Standard India. Retrieved 25 January 2019.
  4. Ganguly, Payal (16 January 2017). "CommonFloor founders quit a year after Quikr acquisition". The Economic Times. Retrieved 25 January 2019.
  5. Toms, Manu (29 March 2018). "Commonfloor cofounder Sumit Jain launches voice-based social app". The Economic Times. Retrieved 25 January 2019.
  6. "Unacademy elevates Sumit Jain to cofounder status".
  7. "His business education started at age 8...here's CommonFloor CEO's unusual story".
  8. "Unacademy introduces new product 'Graphy' with a separate founding team". 10 June 2020.
  9. "Fortune India's 40-under-40 : Groupon, Jombay, Zivame Flipkart, InMobi".
  10. "Dataquest presents Top 25 Indian Web 2.0 Start-ups".
  11. "The Brightest New Stars".
  12. "LinkedIn Power Profiles 2015 In India Speak The Voice of Leadership". 17 August 2015.
  13. "Sumit Jain awarded 'Young Achiever of the Year'".