Date | Title | Description |
26.10.2024 | India’s Digital Public Infrastructure: A Blueprint for Global Transformation | In the heart of New Delhi, a pivotal roundtable unfolded. Leaders from various sectors gathered to discuss a pressing issue: Digital Public Infrastructure (DPI). This event, organized by iSPIRT and Primus Partners, highlighted India’s role ... |
25.10.2024 | Scaling Digital Public Infrastructure: iSPIRT and Primus Partners Lead Roundtable on Global DPI Expansion | New Delhi, Delhi, India
India has been at forefront, especially in the wake of the G20 India Presidency, where countries unanimously agreed to a common definition of Digital Public Infrastructure. India’s becoming the voice of the global so... |
10.09.2024 | Great Lakes Institute of Management, Gurgaon, Conducts its 13th Annual Convocation | Delhi, India
Great Lakes Institute of Management, Gurgaon conducted its 13th Annual Convocation on 24th August 2024 at the Manekshaw Centre Auditorium, New Delhi. A total of 342 students successfully graduated on this day from two programs:... |
01.07.2024 | State Bank of India Unveils New Initiatives on its 69th Foundation Day | On the 69th Foundation Day, the State Bank of India (SBI) introduced several new offerings designed to enhance the banking experience for current customers and broaden accessibility for potential customers. A total of 11 initiatives have be... |
29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
30.04.2024 | MG Hector: Leading the Pack with Unmatched Resale Value and Efficiency | Delhi, India
MG Motor India has set new benchmarks in the SUV segment with the MG Hector, offering a remarkable combination of luxury, efficiency, and outstanding resale value. According to recent data, the MG Hector achieves a resale rate ... |
21.03.2024 | Droom Drives Forward With Investment From Rapper Badshah, Targets Millennials and Gen Z | Droom, a used car marketplace, has made headlines by raising undisclosed funding from rapper Badshah. With this funding, the firm aims to become a premier brand for millennials and Gen Z, having also partnered with Badshah.
As per the start... |
21.03.2024 | Droom Ropes In Rapper Badshah As Investor To Target Millennial & Gen Z Consumers | SUMMARY
As per the brand, Badshah's participation is important for Droom as it adds credibility, visibility, and a fresh perspective to its initiatives
By leveraging Badshah’s vast online presence, Droom plans to engage with a broader audie... |
05.01.2024 | Droom Releases Resale Value Report 2024 for India's Compact SUV Segment | Delhi, India
Droom, India’s pioneering online automobile transactional marketplace, today released its ‘Resale Value Report 2024’ for the highly competitive compact SUV segment in India. The study evaluated cars such as the Hyundai Creta, V... |
21.09.2023 | MG Hector Diesel Offers Best Resale Value Against Other SUVs in India Reveals Droom Study | Delhi, India
Droom, India’s leading automobile e-commerce platform, conducted a study to find out which SUV offers the best resale value. In a rigorous comparative analysis, the MG Hector Diesel emerged victorious against formidable rivals ... |
29.07.2021 | Droom to raise $200 million funding; eyes IPO in 2022 | Droom founder Sandeep Aggarwal I Source: @SandeepAgg | Photo Credit: Twitter
Droom, an online marketplace for automobiles, on Wednesday said it has closed the first leg of its ongoing funding round of up to USD 200 million (over Rs 1,487 cr... |
28.07.2021 | Droom to raise $200 Mn in pre-IPO round at $1.2 Bn valuation | Online automobile marketplace Droom has made the first close of its ongoing pre-IPO round of up to $200 million. The round saw the participation of 57 Stars and Seven Train Ventures along with existing backers.
While the company did not dis... |
28.07.2021 | Droom Becomes Unicorn; Closes First Round Of Pre-IPO $200-Million Fund Raise Target | July 28, 2021 3 min read
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Online automobile marketplace Droom joined India’s Unicorn club after raising a part of its $200-million pre-IPO funding round tar... |
28.07.2021 | Droom raises first tranche of $200 m pre-IPO round at $1.2 billion valuation | Funds will be utilised to further penetrate top 100 cities, last mile delivery and international expansion
Droom, the AI-driven online automobile marketplace, raised the first tranche of its ongoing $200-million pre-IPO round, valuing it at... |
28.07.2021 | India's Droom aims to list on Nasdaq, valuation crosses $1.2 billion | - |
28.07.2021 | Automobile marketplace Droom gets pre-IPO funding at $1.2 billion valuation | PTI
Mumbai: Droom has received the first tranche of its $200-million, pre-IPO funding round at a valuation of $1.2 billion, making the online automobile marketplace the latest entrant into the coveted unicorn club.
Existing and new investor... |
28.07.2021 | Droom closes pre-IPO growth funding round one at $1.2 billion valuation | Droom closes pre-IPO growth funding round one at $1.2 billion valuationPremiumDroom co-founder and CEO Sandeep Agarwal expects automobile buying and selling to shift online rapidly in a post-pandemic world. Photo: Mint 1 min read . Updated:... |
27.07.2021 | Indian automobile marketplace Droom valued at $1.2 billion in pre-IPO funding | An online marketplace for automobiles has become the latest Indian startup to attain the coveted unicorn status.
Gurgaon-headquartered Droom said on Wednesday it is raising up to $200 million in what it described as a pre-IPO growth funding... |
20.02.2020 | Droom aims to hit profit by year-end, to raise $150 million before IPO | Droom co-founder and CEO Sandeep Agarwal. Photo: Mint Droom aims to hit profit by year-end, to raise $150 million before IPO 2 min read . Updated: 20 Feb 2020, 12:47 PM IST PTI
Droom clocked a net revenue of $32 million in 2019
Droom is pla... |
02.07.2019 | India Digest: Sequoia, DST eye Khatabook; Droom to raise $200m; Airtel Payments gets $47m | Premium
In the startup funding space, digital ledger Khatabook is in talks to raise $20 million in a Series A round while Droom is looking to raise $200 million. Separately, Airtel Payments Bank has secured Rs 325 crore (about $47 million) ... |
21.06.2019 | India Dealbook: FnO raises $2m; Droom gets $10m from parent | Premium
In the latest startup funding, FnO has raised $2 million in an angel funding round while Droom has received $10 million from its Singapore-based holding entity.
Continue reading this story with a subscription to DealStreetAsia.
Subs... |
20.06.2019 | Droom picks up $10 Mn from Singapore-based holding entity | Automobile marketplace Droom has received $10 million (Rs 69.54 crore) from the Singapore-based holding entity. The infusion from the offshore entity has come at a time when the Gurugram-based firm has been scouting for a Series F round.
Ac... |
08.10.2018 | Indian online car dealer Droom raises yet another US$30m | Following its US$30m financing round back in May 2018, Droom, an Indian online automobile marketplace, is about to secure yet another US$30m via a Series E financing round.
This latest fundraising, bringing the company’s total financings to... |
04.10.2018 | Vehicle marketplace Droom raises $30 mn in Series E round | Droom, an online marketplace for new and used vehicles, has closed its Series E funding round at $30 million (Rs 220 crore at current exchange rates), a company statement said.
The round was led by the family office of Japanese investor Joe... |
04.10.2018 | Droom raises $30mn in Series E funding led by Japanese investor Joe Hirao | Online automobile marketplace Droom has raised $30 million in its Series E funding round led by the Japanese investor Joe Hirao, founder of ZIGExN.
“The company is aiming for an IPO in Nasdaq by 2020 under Droom Singapore and the internatio... |
04.10.2018 | Droom raises $30 million to boost credit, certification services | Droom co-founder and CEO Sandeep Agarwal. Photo: Mint Droom raises $30 million to boost credit, certification services 2 min read . Updated: 04 Oct 2018, 11:48 PM IST Aakanksha Ahuja
Droom plans to utilize the capital to boost its credit se... |
04.10.2018 | India: Online auto marketplace Droom closes $30m Series E round | Premium
Barely five months after its previous $30-million funding round, Indian online automobile marketplace Droom has raised a similar sum in its Series E round.
Continue reading this story with a subscription to DealStreetAsia.
Subscribe... |
17.05.2018 | Droom raises USD 30 million from Toyota, Digital Garage, others | -->
Online automobile marketplace Droom on Thursday said it has raised USD 30 million in Series D funding round. |
17.05.2018 | India: Automobile marketplace Droom raises $30m for Southeast Asia expansion | Premium
Online automobile marketplace Droom has raised $30 million in its Series D round of funding led by Japanese firms Toyota Tsusho Corporation and Digital Garage.
Continue reading this story with a subscription to DealStreetAsia.
Subsc... |
17.05.2018 | Droom raises $30 million in Series D round funding | Droom, an automobile marketplace, has raised USD 30 million in Series D, led by Toyota Tsusho Corporation and co-led by Digital Garage of Japan.
The funds will be used to further strengthen Droom's domination in the online automobile market... |
17.05.2018 | Droom gets $30 million funding jointly led by Toyota Tsusho, Digital Garage | Droom was launched in 2014 by Sandeep Aggarwal, a co-founder of e-commerce firm ShopClues. Droom gets $30 million funding jointly led by Toyota Tsusho, Digital Garage 1 min read . Updated: 17 May 2018, 07:45 PM IST Yuvraj Malik
Toyota Tsush... |
17.05.2018 | Droom raises $30 Mn Series D round, eyes $3.5 Bn GMV before IPO | Online automobile marketplace Droom has raised $30 million in Series D round led by Japan’s auto major Toyota’s investment arm Toyota Tsusho and VC firm Digital Garage.
This is the first ever investment by the Japanese automaker in Indian s... |
05.07.2017 | Droom raises $20 million in Series C investment from IAM, Digital Garage | Rishab Malik, Co-Founder and VP - Business Development, Droom and Mr. Sandeep Aggarwal,Founder & CEO, Droom
Moneycontrol News
Gurgaon based online transaction platform for automobiles Droom, has raised USD 20 million in Series C funding... |
05.07.2017 | Droom raises $20 million in Series C round | Online marketplace for pre-owned automobiles, Droom has rasied $20 million in series C round led by Integrated Asset Management. The round also followed the participation of existing investors (Lightbox, Beenos, Digital Garage and Beenext) ... |
05.07.2017 | Indian online automobile marketplace Droom raises $20m in Series C round | Premium
Online automobile market place Droom has raised an $20 million in its Series C round of funding led by Integrated Asset Management and existing investor Digital Garage.
Continue reading this story with a subscription to DealStreetAs... |
05.07.2017 | Automobiles portal Droom raises $20 mn in Series C funding | Online marketplace for automobiles Droom Technology Pvt. Ltd has raised $20 million in a Series C round led by Integrated Asset Management (Asia) Ltd and Digital Garage Inc, the company said in a statement.
Existing investors Lightbox India... |
06.06.2017 | India-focused Lightbox may raise new fund of $100m next year | Premium
Venture capital (VC) firm Lightbox, which has so far raised two India-focused funds and backed start-ups such as Faasos, Embibe, Furlenco and Droom, may raise a new fund next year after completing the last few investments from its c... |
02.06.2016 | Indian used car platform Droom gets Series B to enter Southeast Asian markets | Droom, one of several startups taking advantage of India’s booming secondhand vehicle market, is planning to enter new countries after raising a Series B from Beenext and Digital Garage. The company hasn’t disclosed the amount of the round,... |
03.08.2015 | Daily funding roundup - August 3, 2015 | Snapdeal raised $500M; Driveway Software bagged $10M; Meal Box got $3.6M
Snapdeal has raised another $500 million in funding, according to a report from ReCode on Sunday. Investors included Chinese e-commerce giant Alibaba, along with Foxco... |
02.08.2015 | Droom Raises $16M in Funding | Droom, an Indian online automobile marketplace, raised $16m (Rs 100 crore) in funding.
Backers included Lightbox Ventures and Japanese internet firm Beenos.
The compay will use the funds to continue to expand operations.
Led by Sandeep Agga... |
30.07.2015 | Used vehicles marketplace Droom raises $16M from Lightbox and Beenos | Droom Technology Pvt. Ltd, which runs online marketplace for pre-owned automobiles Droom.in, has raised Rs 100 crore ($16 million) in Series A investment from venture capital firm Lightbox and Japanese e-commerce firm Beenos.
Droom will use... |
- | GoZoomo Shuts Shop Citing Unit Economics, Rivals Droom and Spinny Remain Keen On Market | Letting go gracefully of things not meant for you is an art. An art that not many startups possess. Usually, in the startup world, layoffs and firings are surprises hurled at employees in the worst possible way. Take for instance the case o... |
- | Online Automobile Marketplace Droom Targets INR 1,000 Cr IPO Early Next Year | The Indian market has seen a sudden surge in the number of Indian startups going for IPOs and early next year is set to witness some heavyweights like OYO, BYJU’s and Ola joining the IPO race. Now, online automobile marketplace Droom, which... |
- | Used Cars Marketplace Truebil Raises $3 Mn From Shunwei Capital | Mumbai-based online marketplace for buying and selling secondhand cars Truebil has secured $3 Mn from Chinese VC firm Shunwei Capital. The funding was raised as a follow-on Series A round.
Shunwei Capital was founded in 2011 by Jun Lei and ... |
- | Droom Raises Series B From BEENEXT And Digital Garage To Dominate The Indian Online Automobile Market | Gurgaon-based online automobile marketplace, Droom, has raised an undisclosed amount in its series B round of funding led by BEENEXT, a Singapore-based early stage technology fund and Digital Garage of Japan. Existing investors LightBox Ven... |
- | Automobile Marketplace Droom Raises $30 Mn Series E Round | Gurugram-headquartered online automobile marketplace Droom has raised $30 Mn in a Series E round of funding, led by the family office of Joe Hirao, founder of ZIGExN. Another Japan-based family office fund also participated in this round of... |
- | Why “Pre-Owned Goods Marketplace For Vehicles” Has Started Witnessing Launch Of More Startups Topped With Investor Interests? | Buying used vehicles and other products is no more a reason to be looked down upon. With the advent of various online portals for used vehicles, electronic gadgets, the sector has started witnessing large amount of customer attraction.
The ... |
- | Online Auto Marketplace Droom Files DRHP For INR 3,000 Cr IPO | Online car marketplace platform Droom has filed its draft red herring prospectus to raise INR 3,000 Cr through the public market. The IPO offer includes, a fresh issue of shares worth upto INR 2,000 Cr and an offer for sale worth INR 1,000 ... |
- | Droom Ready To Raise $250 Mn Ahead Of IPO in 2021; Plans Major Global Expansion | Automobile marketplace Droom has said it’s in the market to raise $250 Mn in a pre-IPO round. The company said it’s in talks with multiple institutional and strategic investors, as well as existing investors.
Droom founder Sandeep Aggarwal ... |
- | Automobile Marketplace Droom Raises $20 Mn Funding, Eyes IPO | Online automobile marketplace Droom has raised $20 Mn (INR 130 Cr) Series C round led by Integrated Asset Management and Japan’s Digital Garage. Integrated Asset Management (Asia) Limited is a Hong Kong-based private investment office.
The ... |
- | IPO-Bound Droom’s Revenue Took A 25% Drubbing In FY21, Plummeted To INR 136 Cr | Online auto marketplace unicorn Droom has filed its draft red herring prospectus (DRHP) to raise INR 3,000 Cr through the public market. The IPO offer includes a fresh issue of shares worth up to INR 2,000 Cr and an offer for sale worth INR... |
- | Automobile Marketplace Droom Raises $30 Mn In Series D Funding | Sandeep Aggarwal-led Automobile marketplace Droom has raised $30 Mn in Series D round of funding led by Toyota Tsusho Corporation (TTC), a Toyota Group Corporation company and Japan-based Digital Garage. Four more new investors from family ... |
- | Startup Bubble Hasn’t Burst, It’s Cementing Itself Into Something Concrete: Sandeep Aggarwal Of Droom | Sandeep Aggarwal is an active angel investor, philanthropist and Internet visionary. His impeccable business acumen, strong domain knowledge and an undying passion to never give up has helped him grow from being an associate with Kotak Secu... |
- | Ferrari, Lamborghini, Hummer, Uber Has It All For Free for Its Delhi Riders Today | If you have ever wished to ride in a supercar like Ferrari, Lamborghini or Hummer, here’s a chance to live your dream, if you are residing in Delhi.
Uber is providing a free ride in Delhi in any of the supercar available for 15 minutes . Th... |
- | Sandeep Aggarwal’s New Venture Droom Grabs $16 Mn From Lightbox & Beenos | Ex-Shopclues CEO, Sandeep Aggarwal’s new venture, an online automobile marketplace, Droom has raised about $16 Mn (INR 100 Cr.) in a funding round led by Mumbai-based LightBox Ventures & Japanese internet firm Beenos.
Sandeep had founde... |