Latest Articles in Droom
Droom To Raise USD 200 Mn Funding; Eyes IPO In 2022
Droom has seen massive digital adoption during the pandemic besides increasing preference in consumers for ownership of automobiles versus public transportation or ride-sharing.
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Droom Crosses Over INR 25 Crore As An Angel Investor
Sandeep invested close to 4 crores in more than seven early-stage firms in India and overseas such as California based firms Giveclub and Dataguise, Malaysia based - Duriana, Indonesia based - Dekoruma, and India based - Wittyfeed, Clan Connect, Wydr, Curo healthcare, and Shopsity, to name a few.
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Droom Registers 80% Growth In Q1 of 2021
Witnessing one of its best quarters since the pandemic’s onset, Droom’s recent growth can be attributed to multiple factors including an accelerated shift of automobile buying and selling online, and improved supply with supply chains.
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Droom clocks $1B Run Rate in Annual GMV in 2018, Earns Net Revenue of $25M During the Year
Eyes NASDAQ listing by 2020 while focusing on international expansion & strategic collaborations
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Pre-Owned Automotive Awards By Droom, An Online Automobile Transactional Marketplace
The first edition of the awards acknowledged and rewarded the dedicated efforts made by individuals and organizations towards its growth. With four major categories – Jury’s Choice, Buyer’s Choice, Dealer’s Choice, and Best of Droom.
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Droom Raises $30M in Series E Funding Round Led by Japanese Investors
Aims to invest the capital raised in bolstering its Droom Credit, Eco, B2C and C2B marketplace formats
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Passenger Safety Israeli Startup Guardian Optical Technologies Raises Funds from Japanese Investors
The startup raised funds from Mirai Creation Fund which is backed by Toyota Motor Corporation; Toyota has also invested in autonomous vehicles, ride hailers like Uber, and online auto sellers like Droom
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Droom Raises $30M in Series D Led by Toyota Tsusho Corporation
Toyota Tsusho Corporation (member Toyota Group) led the round and signs an MOU with Droom for International Expansion
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Droom, Aye Finance, What’s Loan, Coverfox, Stanza Living, Yaantra, Chevon and Josh Talks Among Early Winners of SuperStartUps Asia
The reason that SuperStartUps made such waves last year was due to its innovative approach to selection.
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Droom Announces Winners of B-Plan Competition: IIT-Roorkee Wins Top Laurels
Winning team wins INR 1 lakh as prize money, Droom merchandise, and an opportunity to be mentored by Sandeep Aggarwal
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