Droom Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 385

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $16.8M

  • Investors
  • 14

Droom General Information

Description

Developer of an online automobile marketplace platform designed to make buying and selling automobiles easy, quick and trusted. The company's platform enables transactions between buyers and sellers by bringing transparency, building trust and mitigating information asymmetry, leveraging technology and data in a way that removes impediments as to why a transaction between two unknown people may not take place, enabling customers to buy a variety of cars and other vehicles online with proper information and details.

Contact Information

Website
www.droom.in
Formerly Known As
Droom Technology
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 77A, Building Number 1
  • Sector 18
  • Gurugram, Haryana 122015
  • India
+91 096500 00000
Primary Industry
Specialty Retail
Other Industries
Automotive
Vertical(s)
Mobility Tech, Industrials, E-Commerce, TMT
Corporate Office
  • 77A, Building Number 1
  • Sector 18
  • Gurugram, Haryana 122015
  • India
+91 096500 00000

Droom Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Droom Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC 07-Mar-2024 $16.8M 00000 Completed Generating Revenue
11. PIPE 12-Nov-2021 00.000 Cancelled Generating Revenue
10. IPO 11-Nov-2021 00000 Cancelled Generating Revenue
9. Later Stage VC 28-Jul-2021 00000 00000 00.00 Completed Generating Revenue
8. Later Stage VC 29-Jul-2019 00000 00000 Cancelled Generating Revenue
7. Later Stage VC (Series F) 20-Jun-2019 0000 00000 000.00 Completed Generating Revenue
6. Later Stage VC (Series E) 04-Oct-2018 0000 00000 Completed Generating Revenue
5. Later Stage VC (Series D) 17-May-2018 0000 00000 Completed Generating Revenue
4. Later Stage VC (Series C) 05-Jul-2017 $20M $71.6M 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 02-Jun-2016 $30.1M $51.6M 00000 Completed Generating Revenue
To view Droom’s complete valuation and funding history, request access »

Droom Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series E 000,000 00.000000 000.00 000.00 000.00 00.000
Series D 000,000 00.000000 000.00 000.00 000.00 00.000
Series C 000,000 00.000000 000.00 000.00 000.00 00.000
Series B 00,000 00.000000 0000.00 0000.00 0000.00 0.000
Series A 194,906 $0.143478 $38.47 $38.47 $38.47 17.68%
Ordinary 180,283 $0.143478 $17.09 $17.09 $17.09 2.36%
To view Droom’s complete cap table history, request access »

Droom Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online automobile marketplace platform designed to make buying and selling automobiles easy, quick and t
Specialty Retail
Gurugram, India
385 As of 2024
00000
0000000000 0 00000

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0000000000
Taguig, Philippines
00 As of 0000
0000
000000&0 0000

000000

laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in repreh
0000000000
Mumbai, India
0000 As of 0000
00000
000000000000
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Droom Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Carmudi Philippines Corporate Backed or Acquired Taguig, Philippines 00 0000 000000&0 0000
Mahindra First Choice Wheels Private Equity-Backed Mumbai, India 0000 00000 000000000000
Mynewcar Venture Capital-Backed Bangalore, India 00 00.000 0000000000 0 00.000
Rajamobil Venture Capital-Backed Jakarta, Indonesia 00 0000000000 0
CarTrade Private Equity-Backed Navi Mumbai, India 000 00000 00000000000 00000
You’re viewing 5 of 5 competitors. Get the full list »

Droom Executive Team (10)

Name Title Board Seat
Sandeep Aggarwal Co-Founder, Chief Executive Officer & Board Member
Amarpreet Singh Chief Financial Officer & Board Member
Navdeep Singh Co-Founder
Sahil Sethi Co-Founder
You’re viewing 4 of 10 executive team members. Get the full list »

Droom Board Members (4)

Name Representing Role Since
Amarpreet Singh Droom Chief Financial Officer & Board Member 000 0000
Sandeep Aggarwal Droom Co-Founder, Chief Executive Officer & Board Member 000 0000
Sarita Arora Self Board Member 000 0000
You’re viewing 3 of 4 board members. Get the full list »

Droom Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Droom Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
57 Stars Asset Manager Minority 000 0000 000000 0
SevenTrainVentures Venture Capital Minority 000 0000 000000 0
Digital Garage Corporation Minority 000 0000 000000 0
LionBird Venture Capital Minority 000 0000 000000 0
Joe Hirao (Family Office) Family Office Minority 000 0000 000000 0
You’re viewing 5 of 14 investors. Get the full list »

Droom Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Visiolab Ideas 01-Oct-2020 0000000000 Business/Productivity Software 000000 00
Xeraphin Finvest 02-Nov-2019 Merger/Acquisition 00.000 Specialized Finance 0000000 0
To view Droom’s complete acquisitions history, request access »

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Droom FAQs

  • When was Droom founded?

    Droom was founded in 2014.

  • Who is the founder of Droom?

    Sandeep Aggarwal, Mayank Chaudhary, Navdeep Singh, Sahil Sethi, and Rishab Malik are the founders of Droom.

  • Who is the CEO of Droom?

    Sandeep Aggarwal is the CEO of Droom.

  • Where is Droom headquartered?

    Droom is headquartered in Gurugram, India.

  • What is the size of Droom?

    Droom has 385 total employees.

  • What industry is Droom in?

    Droom’s primary industry is Specialty Retail.

  • Is Droom a private or public company?

    Droom is a Private company.

  • What is Droom’s current revenue?

    The current revenue for Droom is 00000.

  • How much funding has Droom raised over time?

    Droom has raised $358M.

  • Who are Droom’s investors?

    57 Stars, SevenTrainVentures, Digital Garage, LionBird, and Joe Hirao (Family Office) are 5 of 14 investors who have invested in Droom.

  • Who are Droom’s competitors?

    Carmudi Philippines, Mahindra First Choice Wheels, Mynewcar, Rajamobil, and CarTrade are competitors of Droom.

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