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Automobile marketplace Droom files Rs 3,000-cr IPO papersThe company may consider a private placement of equity shares aggregating Rs 400 crore. If the pre-IPO placement is undertaken, the fresh i...- Automobile marketplace Droom gets pre-IPO funding at $1.2 billion valuationDroom has received the first tranche of its $200-million, pre-IPO funding round at a valuation of $1.2 billion, making the online automobil...
- Droom bets on eight-fold growth in GMV by 2025Droom clocked GMV of $ 1.2 billion, prior to the outbreak of the pandemic in 2019. Net revenues in the year stood at $32 million. At the cu...
- Droom acquires Visiolab Ideas to enhance customer vehicle research, buying experienceWith the acquisition, the company will leverage augmented and virtual reality in addition to tools using artificial intelligence, to offer ...
- Droom eyes $150 million round before IPOCurrently valued at just under $1 billion, Droom has so far raised around $125 million from investors including Lightbox, Singapore-based g...
- Droom acquires Xeraphin to bolster fintech credit businessThe Sandeep Aggarwal-led auto services company has paid an estimated $3-$3.5 million to acquire the Delhi-based NBFC, which is expected to ...
- Droom extends fair price assessment tool service for used mobilesDroom claims the orange book value service contributes almost 30% of its traffic generating over 10 million from its overall traffic of 31....
- Fintech startup Qbera partners with Droom to enable used car financingFintech lender Qbera and Droom collaborate tol allow consumers to take personal loans of upto Rs 7.5 lakhs approved within 24 hours for pur...
- Droom closes Rs 133-crore Series-C funding roundThis was led by Hong Kong-based investment company Integrated Asset Management and a clutch of Hong Kong and Chinese Mainlandbased family o...
- Droom raises Rs 130 crore; eyes acquisitions, IPOThe company is looking at listing on Nasdaq by the middle of 2019 and by then, Droom's GMV will touch about $2.5 billion.
- Droom marketing budget zooms to Rs 225 croreDroom's spend towards marketing as a means to drive new business comes even as investors have been pushing startups to curb cash burn to dr...
- Droom launches 'History' to help second-hand vehicle buyersDroom History will have information about more than 19 crore private and commercial vehicles like cars, two-wheelers, taxi and trucks in it...
- Droom launches India's first national repository for used vehicles'Droom History' curates historical data to deliver in-depth information about a vehicle's background to address issues related with a vehic...
- Droom announces launch of new vehicles on its marketplaceThe new automobiles will be sold at Droom with basic listing prices and will be equipped with services like instant auto loans and vehicle ...
- India's digital revolution similar to Europe's industrial revolution: Droom's Sandeep AggarwalSandeep Agarwal, the founder of automobile-to-airplane marketplace Droom, says India is poised to create $250 billion in Internet wealth by...
- Auto marketplace Droom extends services to 100 citiesThe company also claimed that the gross merchandise value is more than Rs 1,000 crore presently.
- Droom ties up with Uber for chopper ridesDroom, an online marketplace for autos, has entered into another strategic alliance with Uber for the festive period to bring on-demand cho...
- Droom looks to double headcount by March 2016Droom is looking to double its headcount over the next few months by hiring over 100 people from leading institutes for functions like tech...
- Automobile-focused marketplace Droom joins JetSetGo for fun sky ridesDroom will also introduce charter and fun rides on planes, a service it hopes to eventually extend to cars and motorcycles.
- Sandeep Aggarwal's Droom gets Rs 100-crore funding from Lightbox Ventures and Japan's BeenosHe now has big ambitions for Droom. The portal which has about 6,500 listings, charges an online fee of about 2% for customers.
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