172:
149:
36:
325:-based investor Beenext and Japanese incubator and venture capital firm Digital Garage. In July 2017, the company raised $ 20 million in Series C funding round from Integrated Asset Management and existing investor Digital Garage. In 2018, it secured $ 30 million in funding for a Series D round led by
266:
In 2016, the company entered into a partnership with CashCare and incorporated the Orange Book value pricing engine into its platform that helps in determining the fair market value of used automobiles. In
December of the same year, the company introduced Droom History, a national repository for
296:
In
December 2018, the company acquired Xeraphin Finvest in an all-cash deal. In March 2020, the company launched its Droom Health with Germ Shield sanitization services to make vehicles virus-proof. In April 2020 it extended its Germ Shield technology to Gurugram police to sanitize its fleet of
262:
on 21 November 2014 as a platform for used cars. Later, the company also added the buying and selling features for used cars and two-wheelers on its site and by 2015, it had operations in 100 cities across India.
344:
In 2018, Cyber
Security Researcher Sayaan Alam found a vulnerability in Droom API-vulnerability that exposed users' data like addresses, PAN cards, banking details, etc. Droom fixed the issue in December 2018.
333:
and co-led by
Digital Garage. The company raised $ 30 Mn in series E funding round. Droom raised $ 10 Million as part of a series F round of funding in 2019 from its Singapore Based holding entity.
651:
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945:
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270:
In 2017, the company launched Droom Credit for auto financing, Droom
Discovery for vehicle research, and ECO in 2019 for vehicle inspection.
309:
In
November 2021, the company announced that it had filed for an IPO to raise up to Rs 3000 crore (around $ 361.296 million) and listing on
349:
975:
920:
831:
298:
410:
321:
In 2015, Droom raised $ 16 million from
Lightbox Ventures, followed by its Series B funding for an undisclosed sum led by
258:, founded Droom with Rishab Malik in April 2014. The company was incorporated on 9 September 2014, and first launched in
251:
360:
analyst. In
February 2020 all the charges were dropped by DoJ against him. SEC also reached a settlement with Sandeep.
627:
806:
381:
336:
In July 2021, the company raised $ 200 million in Pre-IPO round funding led by 57 Stars and Seven Train
Ventures.
278:
231:
757:
93:
19:
This article is about the Indian automobile marketplace. For the
Canadian electronic music duo, see
46:
207:
24:
210:
for buying and selling used and new automobiles. Founded in April 2014, the company is based in
871:
839:
683:
652:"Droom Allocates Rs 1 Crore For CSR To Curb The Spread Of Virus With It s Germ Shield Coating"
602:
570:
506:
471:
227:
267:
vehicle history which provides used vehicle history by generating a vehicle history report.
255:
969:
326:
330:
247:
20:
439:"US justice dept drops insider trading charges against Droom's Sandeep Aggarwal"
382:"IPO-Bound Droom's Revenue Took A 25% Drubbing In FY21, Plummeted To INR 136 Cr"
357:
499:"Automobile marketplace Droom gets pre-IPO funding at $ 1.2 billion valuation"
164:
896:"Droom Fixes Security Flaw That Exposed Users' Private Data, Banking Details"
875:
843:
783:"Boat joins PharmEasy, Droom to shelve listing plans amid valuation concerns"
687:
606:
574:
510:
475:
322:
286:
243:
215:
65:
55:
35:
313:, but withdrew its filing a year later in 2022, citing market conditions.
290:
282:
223:
219:
130:
211:
464:"Droom Technology bets on four-fold demand in EVs by next three years"
310:
946:"US DoJ drops charges against Droom founder in insider trading case"
628:"Droom Acquires NBFC Xeraphin To Boost Credit, Auto Loans Vertical"
226:, besides 1,161 Indian town and cities. In July 2021, Droom became
259:
136:
348:
In 2013, the company founder, Sandeep Agarwal was charged by the
734:"Droom looks to raise ₹1,000 cr from share sale early next year"
274:
29:
807:"Automobiles portal Droom raises $ 20 mn in Series C funding"
301:-based AR startup Visiolab Ideas for an undisclosed amount.
190:
60:
50:
281:. In October, the company launched its platform in
185:
162:
143:
125:
115:
107:
99:
89:
273:In 2018, Droom became the official sponsor of the
758:"Droom withdraws IPO plans amid volatile market"
709:"Droom aims to list on the NASDAQ in H2 of 2022"
781:Gupta, Samie Modak & Aryaman (2022-10-28).
234:funding round at a valuation of $ 1.2 billion.
8:
921:"Droom, a lesson in efficiency for startups"
595:"Droom is the title sponsor for MTV Dropout"
242:Sandeep Aggarwal, who previously co-founded
84:
832:"Droom to raise $ 200 mn in pre-IPO round"
83:
375:
373:
864:"Auto platform Droom joins unicorn club"
432:
430:
380:Dayalani, Vaishnavi (13 November 2021).
356:(SEC) for insider trading when he was a
986:Internet properties established in 2014
369:
354:U.S. Securities and Exchange Commission
206:is an Indian company that maintains an
297:vehicles. In October, Droom acquired
7:
732:Dhanjal, Swaraj Singh (2021-09-19).
557:
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551:
493:
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462:Mukherjee, Sharmistha (2022-08-29).
404:
402:
707:Chengappa, Sangeetha (2021-03-24).
350:United States Department of Justice
14:
830:Mishra, Lalatendu (2021-07-27).
230:after raising $ 200 Mn in a pre-
171:
170:
148:
147:
34:
23:. For the 1980s video game, see
676:"Droom acquires Visiolab Ideas"
563:"Droom to foray into Thailand"
437:Mathur, Nandita (2020-02-19).
181:(US$ −8.3 million) (FY21)
1:
944:Alawadhi, Neha (2020-02-19).
305:Initial public offering (IPO)
981:Online marketplaces of India
713:www.thehindubusinessline.com
411:"Droom: Stepping On The Gas"
158:(US$ 16 million) (FY21)
1002:
626:Rawat, Aman (2019-11-03).
18:
950:www.business-standard.com
787:www.business-standard.com
327:Toyota Tsusho Corporation
976:Companies based in Delhi
204:Droom Technology Limited
85:Droom Technology Limited
49:, as no other articles
16:Automobile marketplace
409:Balachandaran, Manu.
279:Roadies’ 16th edition
214:and also operates in
103:Automotive e-commerce
86:
902:. 10 December 2019
868:The Times of India
680:The Times of India
599:The Times of India
567:The Times of India
503:The Economic Times
468:The Economic Times
208:online marketplace
68:for suggestions.
58:to this page from
25:Dread Dragon Droom
289:in December, and
212:Gurugram, Haryana
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535:Business Today
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505:. 2021-07-28.
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953:. Retrieved
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537:. 2016-07-13
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415:Forbes India
414:
389:. Retrieved
385:
347:
343:
335:
331:Toyota Group
320:
308:
295:
272:
269:
265:
248:Sanjay Sethi
241:
203:
202:
126:Headquarters
121:Rishab Malik
90:Company type
73:January 2024
70:
44:
21:Droom (band)
900:Gadgets 360
632:Inc42 Media
386:Inc42 Media
358:Wall Street
340:Controversy
970:Categories
955:2023-02-18
930:2023-02-18
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661:2023-02-18
656:BW Defence
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420:2023-02-18
364:References
352:(DoJ) and
165:Net income
64:; try the
51:link to it
876:0971-8257
844:0971-751X
836:The Hindu
688:0971-8257
607:0971-8257
575:0971-8257
511:0013-0389
476:0013-0389
323:Singapore
299:Delhi-NCR
287:Singapore
244:ShopClues
216:Singapore
179:−69 crore
156:136 crore
54:. Please
811:VCCircle
762:VCCircle
317:Finances
291:Thailand
283:Malaysia
224:Malaysia
220:Thailand
131:Gurugram
100:Industry
391:5 March
238:History
228:Unicorn
186:Website
144:Revenue
116:Founder
108:Founded
874:
842:
686:
605:
573:
509:
474:
311:Nasdaq
222:, and
193:.droom
94:Public
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260:Delhi
137:India
872:ISSN
840:ISSN
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684:ISSN
603:ISSN
571:ISSN
507:ISSN
472:ISSN
443:mint
393:2023
254:and
111:2014
329:of
275:MTV
232:IPO
195:.in
191:www
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