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Droom

Droom is an AI and data science driven online transactional platform, which offers 21st century experience in buying and selling used and new automobiles in India and other emerging markets.

E-Commerce, Marketplace

Basic Information

Droom is a platform for buying and selling pre-owned vehicles. It claims to be the third-largest ecommerce company in India at present, with over 80 percent market share in online automobile transactions, and the biggest auto-dealer platform in the world. It has employed more than 5,000 ‘Eco Ninjas’ who are technicians working on the inspection. Droom claims to be present in more than 920 cities across India and has a network of more than 300,000 auto dealers with over 45 million monthly visitors. It has recorded more than 12 million app downloads so far. Droom currently claims to be generating $1.3 billion in annualised GMV.

Legal Name

:

Droom Technology Private Limited

Headquarters

:

Gurgaon, Haryana, India

Business Model

:

B2C, B2B, C2C

Founding Date

:

Apr 2014

No. of Employees

:

251 to 500

Core Team

:

1.

Sandeep Aggarwal

Founder & Chief Executive Officer

Funding

Total Funding

$321.0M

Investors

:

1.

Joe Hirao

2.

57 Stars

3.

Digital Garage

4.

Lightbox

See More

Detail Round Breakdown

Round 1

Round 2

Round 3

Round 4

Round 5

Round 6

$16M

Series Name

:

SERIES-A

Date

:

30th Jul 2015

Investors

:

1.

Lightbox

2.

Beenos Partners

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