Droom, headquartered in India, remains privately held in the online automobile marketplace space. Investors last valued the company at $1.2B. Its shares do not trade on a public exchange.
2 valuations. The latest, $1.2B post-money, was set by the Pre-IPO growth round in Jul 2021.
Droom runs an online marketplace for buying and selling used cars, motorbikes and other vehicles in India, with tools for listing verification, pricing and price negotiation. What began in 2014 as a used-vehicle marketplace has grown into a mobility super app that also covers vehicle rental, EV trading, loans, insurance, and inspection and repair services. Founder and CEO Sandeep Aggarwal previously founded ShopClues, making him the only tech entrepreneur to found two unicorns back to back.
Droom's MyDroom engine applies AI to predict vehicle health, repair needs and insurance renewals, drawing on a decade of transaction data, and the company holds 13 US patents across more than 20 tech and AI products.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Droom.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Droom availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Droom included.
No. Droom is a private company; its shares do not trade on a public exchange.
The last valuation is $1.2B.
Lead investors for each round are in the funding timeline.
The closest online automobile marketplace peers are on the competitors page.