Droom Overview
- Year Founded
-
2014

- Status
-
Private
- Employees
-
377

- Latest Deal Type
-
PIPE
- (Cancelled)
- Latest Deal Amount
-
$5.35M
- 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
- 90/31B
- First Floor, Malviya Nagar
- New Delhi, 110017
- India
Droom Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. PIPE | 12-Nov-2021 | $5.35M | Cancelled | Generating Revenue | ||
10. IPO | 20-Oct-2022 | 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 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
3. Early Stage VC (Series B) | 02-Jun-2016 | $30.1M | $51.6M | 00000 | Completed | Generating Revenue |
2. Early Stage VC (Series A) | 01-Jun-2015 | $16M | $21.5M | 000.00 | Completed | Generating Revenue |
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 | 1x | $17.09 | 2.36% |
Droom Comparisons
Industry
Financing
Details
Droom Competitors (4)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Mahindra First Choice Wheels | Private Equity-Backed | Mumbai, India | 0000 | 00000 | 000000000000 | |
00000000 | Venture Capital-Backed | Bangalore, India | 00 | 00.000 | 0000000000 0 | 00.000 |
0000000 0000000000 | Corporate Backed or Acquired | Taguig, Philippines | 00 | 0000 | 000000&0 | 0000 |
00000000 | Formerly PE-Backed | Mumbai, India | 000 | 00000 | 00000000 | 00000 |
Droom Executive Team (8)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Sandeep Aggarwal | Co-Founder, Chief Executive Officer & Board Member | ||
Amarpreet Singh | Chief Financial Officer & Board Member |
Droom Board Members (6)
Name | Representing | Role | Since |
---|---|---|---|
Amarpreet Singh | Droom | Chief Financial Officer & Board Member | 000 0000 |
Koo Gan | Droom | Board Member | 000 0000 |
Rajat Jain | Self | Board Member | 000 0000 |
Sandeep Aggarwal | Droom | Co-Founder, Chief Executive Officer & Board Member | 000 0000 |
Sarita Arora | Self | Board Member | 000 0000 |
Droom Signals
Droom Investors (14)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
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 |
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 |
Droom Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
Visiolab Ideas | Business/Productivity Software | Gurugram, India | 0000 |