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
Spinny turns unicorn after raising $285 million from ADQ, Tiger Global and othersThe company’s valuation of $1.5 billion pre-money has nearly doubled since it raised $108 million from Tiger Global and others in July. It ...
24 Nov, 2021, 06.13 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 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...
27 Jul, 2021, 11.12 AM IST
Droom raises $30 million in fresh funding roundThe Series E round of funding was led by the family office of Joe Hirao, founder of ZigExN, the Tokyo-headquartered company that owns and o...
05 Oct, 2018, 08.40 AM IST
Global investors make a comeback, Indian startups back on radar of hedge fundsMany funds, mostly from Hong Kong, look to invest in cos that are on a firm footing now, some 18 months after they pulled back amid a churn...
06 Oct, 2017, 11.17 AM IST
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...
06 Jul, 2017, 11.06 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
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.
22 Feb, 2017, 04.25 PM IST
With losses mounting, used car players have a challenging year aheadGrowing at an annual rate of 15%, the market was set to cross 33 lakh units by the end of last year. However, demonetisation in early Novem...
12 Feb, 2017, 07.50 AM IST
Droom raises Rs 200 crore from a consortium of Japanese and Chinese investorsThe Series B round of equity financing has been led by Singapore-based investor Beenext, founded by former Beenos founder and chief executi...
02 Jun, 2016, 12.13 AM IST
Startup stars want nice wheels, but on great dealsIndia's startup stars, who have had their struggle to establish businesses in new segments, are now sitting back and enjoying the ride.
09 Aug, 2015, 10.18 AM IST