Droom is an AI and data science driven online transactional platform, which offers 21st century experience in buying & selling used & new automobiles in India & other emerging markets.

Droom is India's first and largest online marketplace to buy & sell used cars, bikes, scooters, bicycles, aero planes.

Droom was founded in 2014 by Sandeep Aggarwal. The company is headquartered in Gurgaon, Haryana, India. Droom has presence in 920+ cities across India.

 

Droom has built an entire eco-system around used automobiles for the digital economy, including Orange Book Value, Eco (1000+ points vehicle inspection), History (history records for used vehicles), Discovery, and Credit (India’s first & only marketplace for used auto loan & dealer financing)

 

Droom has four marketplace formats i.e. B2C, C2C, C2B and B2B, and three pricing formats - Fixed Price, Best Offer and Auction. The platform offers a wide range of categories from bicycle to plane and all automobile services such as warranty, RSA, insurance and auto loan.

 

Droom's platform has 300K+ auto dealers (largest auto dealer platform in World), 45 Mn+ monthly visitors, nearly 12 Mn+ app downloads & 6.5 Mn+ Facebook followers.

 

Droom is backed by Lightbox, 57 Stars, Seven Train Ventures, Beenext, Beenos, Digital Garage, Toyota Tsusho Corporation, and others. The company raised $200M in new round on Jul 28, 2021. This brings Droom's total funding to $333M to date. The new round valued the company at $1.2B post-money.

 

 

  • Year founded: 2014
  • Funding Info: $333M over 7 Rounds (Latest Funding Type: Pre-IPO Equity)
  • Yearly Revenue: $65M (2020)
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $1.2B as of July 28, 2021
  • City/Town: Gurgaon
  • State: Haryana
  • Country: India
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