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Droom set to launch Rs 3,000 crore IPO in next 2 monthsAuto marketplace unicorn Droom is set to launch its Rs 3,000-crore IPO by offloading an 18% stake in next two months. The IPO comprises fre...- 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...
- Chip shortage causes demand spillover in used car market“We have seen used car demand shoot through the roof from April to August. In April, we did business of $130 million, which is now at $165 ...
- 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 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 ...
- Used car, bike sales grow on fear of public transportWhile banks and NBFCs are still reluctant to finance used bikes, the good news is the financing penetration has gone up in pre-owned cars a...
- 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 hosts country’s first Pre-owned Automotive AwardsThe awards were held on Tuesday at ITC Maurya, New Delhi, with KPMG as the process partner.
- 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 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 boosts allied services segment by partnering with RSA providersThe startup has also signed up with a number of regional sellers such as Road India (RSA-500 locations), Zaiuto and Gomgarage for the same.
- Droom Partners with Axis Bank for quick sanction of loans“The recent collaboration is another step in our attempt to provide holistic facilities to our users and enhance the car-buying experience."
- 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...
- 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 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...
- Droom eyes Rs 600-cr GMV by March 2016The Lightbox-backed firm offers a marketplace to sell cars and motorcycles, superbikes and premium cars as well as planes.
- 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.
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