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DROOM IPO
Droom Technology bets on four-fold demand in EVs by next three yearsGiven the traction in the local market, the company expects nearly two-thirds of its sales to come from electric vehicles in the coming thr...29 Aug, 2022, 10.47 PM IST- After a rout in new-age players, can Delhivery's IPO be a litmus test for other startups?Dalal Street analysts believe that after the recent rout in IPO or platform-based stocks, Delhivery IPO will test the relish for other upco...12 May, 2022, 05.16 PM IST
- 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...27 Apr, 2022, 08.37 AM IST
- Droom to invest Rs 500 to 600 crore for inorganic opportunities, eyes 5-6 acquisitions in 2 yearsET learns the company is looking for acquisitions in the entire chain - from auto insurance to auto lending. Droom is also in the hunt for ...03 Apr, 2022, 11.19 PM IST
- Paytm, Zomato's fate forcing Oyo Hotels and Delhivery to delay IPOsInvestors have soured on new tech offerings after the calamitous public debut of fintech firm Paytm, as well as the battering received by n...16 Feb, 2022, 08.41 AM IST
- Used car sellers are on a hiring spree as demand shoots through the roofUsed car retailer Spinny said that it wants to add at least 5,000 new roles through 2022 as it more than doubles its team of about 4,000 at...22 Dec, 2021, 08.15 PM IST
- 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...12 Nov, 2021, 02.27 PM IST
- MapmyIndia looks to raise Rs 1,200-1,300 crore via IPOFlipkart, which is one of the investors in MapmyIndia, and promoters will sell part of their stake in the IPO that will also include an iss...30 Aug, 2021, 11.39 AM IST
- India’s used car market to see significant, tech-driven growth: ReportThe car services and repairs market is likely to grow at a compounded annual growth rate of 12% to reach $25 billion by 2030, as compared t...16 Aug, 2021, 01.08 PM IST
- After electric scooter, Ola wants to sell used cars onlineOla is likely to enter retailing of used cars, a segment that is growing fast as consumers look for affordable personal mobility amid the p...05 Aug, 2021, 07.55 PM IST
- ETtech Deals Digest: Gupshup, Droom raise funds this weekConversational messaging startup Gupshup and social media platform Sharechat were among the startups that raised funds this week.30 Jul, 2021, 06.35 PM IST
- Droom is a unicornFrom Droom becoming an unicorn to Twitter getting an ultimatum on IT rules and Big Tech earnings recap, here's a quick look at the top tech...28 Jul, 2021, 08.44 PM IST
- 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...28 Jul, 2021, 05.20 PM IST
- 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...02 Mar, 2020, 08.43 AM IST
- Droom earmarks USD 100 mn capex for tech, marketingThe company, which aims to touch USD 120 million (about Rs 862 crore) in net revenue by 2021, is also looking at expanding its internationa...23 Feb, 2020, 04.30 PM IST
- Droom eyes $200 million in latest funding roundDroom Technology, an automobile marketplace and auto services company, is raising $200 million in its latest funding round, potentially val...01 Jul, 2019, 09.48 AM IST
- 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.05 Jul, 2017, 07.13 PM IST
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