March 2nd, 2019
India's online car&bike selling company Droom is looking to hire as many as 500 employees in 2019.
One of the leading car&bike selling platforms in India, Droom has registered strong growth numbers while aggressively marketing its brand to users across the country. Now, the company hopes to take next stride with its latest...
October 6th, 2018Funding is an important and vital part of businesses these days. Through funding, businesses expand aggressively in the market and give a fight to the other competitors in the space. The company that raised the maximum funds this week was Droom that raised an amount of $30 million.
This week was very eventful in terms of fundraising...
October 5th, 2018Droom Technology, an online martketplace to buy and sell cars has raised an amount of $30 million (about Rs 221 crore) in Series E funding round. The round was led by family office of Joe Hirao, the founder of ZigExN, the Tokyo-headquartered company that owns and operates a number of content-focused websites.
The name of the second...
May 20th, 2018This week featured 9 funding articles amounting to $61.7 million (Rs 410 crores) (excluding two companies as their funding sum was undisclosed).
FreightBazaar
FreightBazaar, India’s first online portal for truck hiring intended for businesses, recently raised a pre-Series A funding round with Omphalos...
May 17th, 2018Droom, the automobile marketplace recently raised a Series D funding round of $30 million with Toyota Tsusho Corporation (TTC), daughter company of Toyota Group Corporation, leading the investment round. Existing investor Digital Garage and four additional new investors from Hong Kong also participated in the funding round.
The deal...
April 12th, 2018Droom, India's first and leading online marketplace to buy & sell second hand vehicles is on the verge of doubling its annualized sales and gross merchandise value (GMV) from Rs 4,000 crores to Rs 8,000 crores by the end of 2018.
The company also revealed that it is targeting Rs 275 crore of net revenue for 2018 and Rs 700 crores...
July 6th, 2017Online automobile e-commerce platform Droom has raised USD 20 million (nearly Rs 130 crore) in latest funding round led by Integrated Asset Management (IAM) and existing investor, Digital Garage. The fifth round of funding also saw participation from other existing institutional investors Lightbox, Beenos and Beenext.
"The funds will...
March 14th, 2017NEW DELHI: ShopClues co-founder Sandeep Aggarwal today said he has filed a criminal defamation case against other co-founders -- Sanjay Sethi and estranged wife, Radhika -- in Delhi courts earlier this month alleging them of downplaying his role in creation of the online marketplace.
The statement, issued by Sandeep's press team,...
January 19th, 2017Droom, an online marketplace for automobiles, expects to close this fiscal with a revenue of Rs 75 crore on the back of strong sales on its platform for both new and used cars.
Droom is expected to touch net annual revenues of Rs 60-75 crore by March 2017 with an annualised GMV in the range of INR 2,500-3,000 crore, Droom said in a...
December 23rd, 2016In a move that once again underlines its pioneering status in the country’s automobile industry, Droom, India’s pioneering online automobile transactional marketplace, has announced the launch of Droom History. Droom History is an unbiased report which curates historical data available through various authorised data providers to...
September 1st, 2016India's pioneering online automobile transactional marketplace Droom is geared to launch a mega promotional campaign with a budget of Rs. 100 crore.
The new campaign is being launched for television, YouTube, print, digital and social media and will also be seen outdoors on billboards and external installations. The entire campaign is...
June 1st, 2016Online automobile marketplace Droom today said it has raised an undisclosed amount from BEENEXT, Digital Garage and other existing investors to expand its presence in the South East Asian countries like Indonesia. However, according to sources, Droom has raised nearly Rs 200 crore in this round of funding.
The company will also use...
