Droom

Droom

Droom is India’s first online marketplace to buy and sell new and used automobiles and automobile services.

About Droom

"Founded in April 2014 in Silicon Valley, Droom is India’s first online marketplace to buy and sell new and used automobiles and automobile services. Droom has taken a completely innovative and disruptive approach to building trust and pricing advantages for buyers.

The current experience of buying and selling an automobile is completely broken, antiquated and full of pitfalls. Droom offers a truly 21st century experience in buying and selling automobiles. With its technology-driven marketplace approach, Droom enables transactions between buyers and sellers by bringing transparency, building trust and mitigating information asymmetry. Droom is a mobile-first marketplace with a presence on three platforms i.e. Android, iOS and Desktop.

Droom is amongst the fastest growing consumer Internet companies in India with 9k+ B2C sellers, 15k+ products, 6k+ listings, $85mil.+ in listed GMV, 700k+ FB Community members (highest for any automobile community in India) and over 500k+ downloads for mobile apps.

Droom has raised closed to $20 million and is funded by some of the leading global venture investors and has a very strong and proven founding team with 75 years of combined experience in technology, Internet, E-Commerce and FMCG including 35 years in Silicon Valley. Droom has a team of 85+ in its offices in Gurgaon (India) and Silicon Valley (USA).

Team

Rishab Malik
Rishab Malik Co founder Jan, 2015 - Present

Funding

INVESTOR
STAGE
AMOUNT
DATE
Round: Series C
Round Size: US$20M
Date: Jul 2017

Singapore

Round: Series B
Round Size: Undisclosed
Date: Jun 2016