Droom
India's first AI and data-science-driven e-commerce marketplace for buying and selling new and used automobiles, offering ecosystem tools like Orange Book Value pricing, ECO inspection/certification, financing, insurance and vehicle rentals.
Droom: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 13 Mar 2025 | Pre-IPO | ₹25 Cr (~$2.9 Mn) | Finvolve IA Growth Opportunities Fund II Rameshchandra Shah | source |
| 27 Jul 2021 | Series G | Up to $200 Mn (pre-IPO) | 57 Stars Seven Train Ventures | source |
| 1 Jun 2019 | Series F | $10 Mn (Rs 69.54 Cr) | Droom Technology Pte Ltd | source |
| 1 Oct 2018 | Series E | $30 Mn | Joe Hirao | source |
| 17 May 2018 | Series D | $30 Mn | Toyota Tsusho Corporation Digital Garage | source |
| 5 Jul 2017 | Series C | $20 Mn | Digital Garage Integrated Asset Management | source |
| 2 Jun 2016 | Series B | $25–30 Mn (undisclosed) | BeeNext Digital Garage Beenos Lightbox Ventures | source |
| 30 Jul 2015 | Series A | $15.6 Mn (Rs 100 Cr) | Beenos Lightbox Ventures | source |
| 1 May 2014 | Seed | $1.5 Mn | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 1 Oct 2020 | Droom | Visiolab Ideas | Undisclosed | source |
| 2 Nov 2019 | Droom | Xeraphin Finvest | Undisclosed (est. $3–3.5 Mn) | source |
News on Droom
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Who founded Droom?
Droom was founded by Sandeep Aggarwal in 2014.
How much funding has Droom raised?
Droom has raised $310.08 Mn across 9 tracked funding round(s), most recently on 2025-03-13. Figures are compiled from cited public sources.
Who are the investors in Droom?
Investors in Droom include Finvolve, IA Growth Opportunities Fund II, Rameshchandra Shah, 57 Stars, Seven Train Ventures, Droom Technology Pte Ltd.
What does Droom do?
India's first AI and data-science-driven e-commerce marketplace for buying and selling new and used automobiles, offering ecosystem tools like Orange Book Value pricing, ECO inspection/certification, financing, insurance and vehicle rentals.
Where is Droom headquartered?
Droom is headquartered in Gurugram, Haryana, India.
What is Droom's business model?
Droom's core value proposition centers on Trust and transparency in used-vehicle transactions, Orange Book Value (OBV), ECO inspection and certification.
How does Droom make money?
Droom's cited revenue streams include E-commerce transaction fees, Financing and insurance commissions, Inspection and certification services, Rental commissions.