About Droom
Droom is a company based in Gurugram (India) founded in 2014 by Sandeep Aggarwal. Droom has raised $344.27 million across 10 funding rounds from investors including Toyota Tsusho, Digital Garage and Beenos. Droom has completed 1 acquisition, including Visiolab Ideas. Droom offers products and services including Buy Used, Loan Services, Insurance Services, and Rental Platform. Droom operates in a competitive market with competitors including Carvana, Carro, Spinny, ACV Auctions and CarDekho, among others.
- Headquarter Gurugram, India
- Founders Sandeep Aggarwal
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$344.27 M (USD)
in 10 rounds
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Latest Funding Round
$3 M (USD), Series G
Mar 26, 2025
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Investors
Toyota Tsusho
& 12 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Droom
Droom offers a comprehensive portfolio of products and services, including Buy Used, Loan Services, Insurance Services, and Rental Platform.
Platform for purchasing pre-owned vehicles with inspections
Provides auto loans and real-time quotes for buyers
Offers vehicle insurance coverage and renewals
Facilitates daily and corporate vehicle rentals
People of Droom
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Funding Insights of Droom
Droom has successfully raised a total of $344.27M across 10 strategic funding rounds. The most recent funding activity was a Series G round of $3 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series G — $3.0M
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First Round
First Round
(01 May 2014)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series G - Droom | Valuation | India Accelerator , Finvolve | |
| Jul, 2021 | Amount | Series G - Droom | Valuation |
investors |
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| Jun, 2019 | Amount | Series F - Droom | Valuation |
investors |
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Investors in Droom
Droom has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Toyota Tsusho, Digital Garage and Beenos.
| Investor | Description | Founded Year | Domain | Location |
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Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
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Founded Year | Domain | Location | |
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Venture capital funding, wealth management, and startup investment services in India.
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location |
Investments & Acquisitions by Droom
Droom has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Visiolab Ideas.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AR development services are provided by Visiolab Ideas in Gurugram.
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2019 |
Financial Statements - Droom
Droom Comparisons
Competitors of Droom
Droom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carvana, Carro, Spinny, ACV Auctions and CarDekho, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Pre-owned vehicles are sold online with financing and valuation services.
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| domain | founded_year | HQ Location |
Full-stack marketplace services for car ownership are provided.
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| domain | founded_year | HQ Location |
Retailer of inspected, certified pre-owned vehicles with service and finance options
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| domain | founded_year | HQ Location |
B2B online auctions for car dealers' inventory are facilitated.
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| domain | founded_year | HQ Location |
Retailer of new automobiles, used vehicles, and related automotive news
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| domain | founded_year | HQ Location |
Automotive vehicle listings are managed via an app-based platform.
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Frequently Asked Questions about Droom
Droom was founded in 2014.
Droom is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Sandeep Aggarwal is the current CEO of Droom. They have also founded this company.
Droom is a funded company, having raised a total of $344.27M across 10 funding rounds to date. The company's 1st funding round was a Series F of $10M, raised on May 01, 2014.
Droom was founded in 2014 and is headquartered in Gurugram, India. The company operates in the automotive sector as an AI-powered marketplace for used vehicles. Transactions are facilitated by users submitting details such as location, personal information, payment methods, model specifications, and vehicle features. Buying and selling processes are streamlined digitally across the platform.
Droom offers Buy Used, Loan Services, Insurance Services, and Rental Platform.
Droom has made 1 acquisition, including Visiolab Ideas.
Droom has 13 investors. Key investors include Toyota Tsusho, Digital Garage, Beenos, India Accelerator, and IAM Group.
The valuation of Droom is $1.2B as of Jul 2021.