FundedIQ
Commerce and Shopping

Droom

Droom is a tech and data science-driven online automobile marketplace, which offers 21st-century experience in buying and selling automobiles in India. As a marketplace, Droom offers Great Selection, Low Prices, Trust, Transparency, and Convenience second to none. Droom has 600K+ automobiles to choose from with a listed inventory of $14Bn+ from over 20K+ Auto Dealers and presence in 1,091 cities. Droom has 6.5 Mn+ Facebook followers, making it the largest auto-focused community in India. Droom has built an entire eco-system around used automobiles for the digital economy, including Orange Book Value (used vehicle pricing engine | 460 Mn+ Queries), ECO (1,000+ points vehicle inspection | 152K+ inspections), History (history records for used vehicles | Database of 250 Mn+ vehicles), Discovery (dozens of pre-buying research tools), and Financial Services (Loan & Insurance). With an 80% market share of the automobile transactions online, Droom is India’s largest automobile platform online and among the largest E-Commerce companies. Droom is among the most trusted consumer internet brands in India often recognized for its innovative approach and technology and is backed by marquee global investors.

droom.in Gurgaon, India 251-500 employees
Total raised
$200M
Rounds
1
Latest
Venture - Series Unknown
Jul 2021

Droom is a tech and data science-driven online automobile marketplace, which offers 21st-century experience in buying and selling automobiles in India. As a marketplace, Droom offers Great Selection, Low Prices, Trust, Transparency, and Convenience second to none. Droom has 600K+ automobiles to choose from with a listed inventory of $14Bn+ from over 20K+ Auto Dealers and presence in 1,091 cities. Droom has 6.5 Mn+ Facebook followers, making it the largest auto-focused community in India. Droom has built an entire eco-system around used automobiles for the digital economy, including Orange Book Value (used vehicle pricing engine | 460 Mn+ Queries), ECO (1,000+ points vehicle inspection | 152K+ inspections), History (history records for used vehicles | Database of 250 Mn+ vehicles), Discovery (dozens of pre-buying research tools), and Financial Services (Loan & Insurance). With an 80% market share of the automobile transactions online, Droom is India’s largest automobile platform online and among the largest E-Commerce companies. Droom is among the most trusted consumer internet brands in India often recognized for its innovative approach and technology and is backed by marquee global investors.

Droom has raised $200M across 1 round. Its most recent round was a Venture - Series Unknown of $200M in Jul 2021. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Jul 28, 2021
Venture - Series Unknown
$200M

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