India's Most Valuable Companies 2023 edition · Source: Hurun India
Rank#414- Valuation
- ₹8,900 Cr
2022 #333 2021 #344
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About Droom
Droom is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2014 by Sandeep Aggarwal. Used vehicles are bought and sold through an AI platform. Droom has raised $344.27 million across 10 funding rounds from investors including Pindrop Security, Toyota Tsusho and Digital Garage. The company has 382 employees. Droom has completed 1 acquisition, including Visiolab Ideas. Droom was last valued at $360 million in March 2025. Its chief executive, as recorded, is Sandeep Aggarwal. Its website droom.in draws about 1.1 million monthly visits. Its Indian entity Droom Technology Private Limited reported revenue of ₹169 Cr. Droom offers products and services including Buy Used, Loan Services, Insurance Services, and Rental Platform. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Multi Category. Its competitors include Spinny, CarDekho and CarWale; 3 of its 3 listed competitors have raised funding.
Company details
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.
Recognitions & Rankings of Droom
- Headquarters Gurugram, India
- Employees 382
- Founders Sandeep Aggarwal
- Stage Unicorn
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles
- Email••••••••
- Phone•••• ••••
- Website droom.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Droom Technology Private Limited
- Date of Incorporation 09 Sep, 2014
Key Metrics
- Annual Revenue₹169 Cr
FY 2025 · +88% YoY
- Net Loss-₹46.35 Cr
FY 2025 · -27% margin
- EBITDA-₹43.46 Cr
FY 2025 · -26% margin
- Total Equity Funding$344.27M (USD)
in 10 rounds
- Latest Funding Round$3M (USD), Series G
Mar 2025
- InvestorsPindrop Security
& 26 more
- Employee Count382
- Investments & Acquisitions
Associated legal entities of Droom
Droom is associated with 2 registered companies on The Company Check; the primary company is Droom Technology Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Droom Technology Private Limited CIN U72300HR2014PTC139804 | Active | 09 Sep 2014 | ₹169 Cr | 127 | 3 | View details | |
| Droom Technology Private Limited CIN U72300DL2014PTC271386 | Active | 09 Sep 2014 | Faridabad, Haryana, India | View details |
Products & Services of Droom
Droom offers a comprehensive portfolio of products and services, including Buy Used, Loan Services, Insurance Services, and Rental Platform.
Buy Used
Ecommerce
Platform for purchasing pre-owned vehicles with inspections
Loan Services
Financing
Provides auto loans and real-time quotes for buyers
Insurance Services
Protection
Offers vehicle insurance coverage and renewals
Rental Platform
Sharing
Facilitates daily and corporate vehicle rentals
Apps and channels of Droom
Droom publishes 2 mobile apps with over 5M+ downloads; its YouTube channel Droom - India's Most Trusted Automobile Platform has 30K subscribers and 30 videos.
Videos from Droom
The most watched videos on Droom's YouTube channel, Droom - India's Most Trusted Automobile Platform (30K subscribers). Click a video to play it here.
BMW Z4 sdrive35i || Droom || Droom Rental || 2025 #bmw
Droom Rental || Droom || 2025 || #droomrental
Mastering Self-Inspection: A Step-by-Step Guide for Car Sellers | Droom
How OBV works for Businesses | Droom Cloud Services | Vehicle Pricing Service
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 $344.27M
- Total Rounds 10
- Last Round Series G — $3M
- First Round $1.5M
(May 2014)
- Investors Count 27
All 10 funding rounds of Droom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $3M | Series G | – | India Accelerator, Finvolve | |
| Jul 2021 | $200M | Series G | $1.2B | – | |
| Jun 2019 | $10M | Series F | – | – | – |
| Oct 2018 | $30M | Series E | – | Joe Hirao | – |
| May 2018 | $30M | Series D | – | Digital Garage, Toyota Tsusho | |
| Jul 2017 | $20.02M | Series C | – | Digital Garage | |
| Jun 2016 | $29.75M | Series B | $200M | – | |
| Jul 2015 | $16M | Series A | – | – | |
| Oct 2014 | $4M | Seed | – | – | – |
| May 2014 | $1.5M | Seed | – | – | – |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Jul 2021 | $1.2B | •••••••• |
| Jun 2016 | $200M | •••••••• |
Last known valuation $360M (Mar 2025). 27 investors in total: 17 institutional and 10 angel.
Investors in Droom
Droom has secured backing from 27 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Pindrop Security, Toyota Tsusho and Digital Garage.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup acceleration, funding, and mentorship services are delivered by India Accelerator. | 2017 | indiaaccelerator.co | Gurugram, India | |
Venture capital funding, wealth management, and startup investment services in India. | 2022 | finvolve.co | Gurugram, India | |
Private equity firm | 57stars.com | Washington, Dc, United States | ||
Investing, growth advisory, and financing services are provided to businesses. | seventrainventures.com | New York, United States | ||
Early-stage venture capital fund | beenext.com | Singapore, Singapore | ||
Seed-stage tech-focused VC Firm funding companies in Asia, the Middle East and the US | 1999 | beenos.com | Tokyo, Japan | |
Venture capital investments are directed toward India's consumption market businesses. | lightbox.vc | Mumbai, India | ||
Early-stage healthcare investments are managed by LionBird venture capital firm. | lionbird.com | Tel Aviv, Israel | ||
DG Ventures is engaged in investing in startup companies. | dgventures.com | San Francisco, United States | ||
Seed & early stage focused VC firm investing in the US, India & China | axis-cap.com | Hong Kong, China |
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Investor details for Droom
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Droom Technology Private Limited (Droom)
Droom Technology Private Limited is the primary company behind Droom. The board of Droom Technology Private Limited currently have 3 directors; the longest-serving is Amarpreet Singh, appointed in 2019. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amarpreet Singh DIN 08193931 | Whole-time director | 07 Jan 2019 | 7 yrs 9 mo | Droom Technology Private Limited |
| Sandeep Aggarwal DIN 01078744 | Whole-time director | 29 Jul 2020 | 6 yrs 2 mo | Droom Technology Private Limited |
| Rishab Suresh Malik DIN 01788466 | Director | 16 Oct 2021 | 5 yrs | Droom Technology Private Limited |
People of Droom
45 people are tracked at Droom (11 in leadership, 34 in team); the tracked headcount is 382.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Nitin Kumar Pal | Director of Growth | Leadership |
Azim Alam | Director Business Development | Leadership |
Sudhir Singh | Chief Technology Officer | Leadership |
| CFO | Leadership | |
Pankaj Judge | VP Business | Leadership |
Seemant Shankar | Chief Product Officer | Leadership |
Babita Vaishnawa | Head Of HR | Leadership |
Vikas Singh | Associate Director Engineering - B2c & Fintech | Leadership |
Asheesh Chandolia | Senior Director HR | Leadership |
Harminder Kaur | Senior Executive Assistant To CEO & Founder | Leadership |
Shivam Shukla | Sr. Frontend Developer | Team |
Manohar Kumar | Associate Software Engineer | Team |
Satya Deva Sai Pavan Medida | Product Manager | Team |
Nandini Porwal | Business Development | Team |
Prafful Rajput | B2B Sales | Team |
Vikrant Rohilla | Sr. Ios Developer | Team |
Nivedita Dhanai | Sr. Frontend Developer | Team |
Ravi Bansal | Senior Database Administrator | Team |
Omprakash Patel | Associate Software Engineer | Team |
25 more people are available in the full profile.
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Financials of Droom
Figures of Droom Technology Private Limited, the primary company behind Droom, for FY 2025. Revenue was ₹169 Cr (+88% year on year). Net loss was -₹46.35 Cr (-27% margin). EBITDA was -₹43.46 Cr (-26% margin). Revenue has grown at a compounded annual rate of -24% over three years and -1% over five years.
- ₹169 CrRevenue · FY 2025 · +88% YoY
- -₹46.35 CrNet loss · -27% margin
- -₹43.46 CrEBITDA · -26% margin
- ₹19.38 CrPaid-up capital
- 127Employees (provident fund records)
- -24%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Droom Technology Private Limited are on its company page.
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Detailed financial statements for Droom
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Investments & Acquisitions by Droom
Droom has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Visiolab Ideas.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AR development services are provided by Visiolab Ideas in Gurugram. | visiolabideas.com | Gurugram, India | 2019 | Oct 2020 | •••• |
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Complete acquisition details for Droom
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Timeline of Droom
6 dated milestones of Droom across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Droom is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Visiolab Ideas.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series G, of $3.0M.
Competitors of Droom
Droom has 3 listed competitors in our database, 3 of them funded. They include Spinny, CarDekho and CarWale.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spinny.com | 2015 | Gurugram, India | $741.46M | 5,736 | Retailer of inspected, certified pre-owned vehicles with service and finance options | |
| cardekho.com | 2008 | Jaipur, India | $60M | 2,381 | Retailer of new automobiles, used vehicles, and related automotive news | |
| carwale.com | 2003 | Mumbai, India | $5.89M | 1,150 | Second-hand cars are listed online to connect buyers and sellers. |
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Detailed competitors of Droom
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Web traffic of Droom
The website of Droom (droom.in) receives about 1.1M visits a month and ranks #52,163 among all websites worldwide, #994 in Vehicles.
- Monthly visits1.1M
▲ 5.8% vs previous month
- Unique visitors682.8K
per month
- Global rank#52,163
among all websites
- Category rank#994
Vehicles · Vehicles
Visitor engagement
- Bounce rate43%
- Pages per visit2.9
- Average visit59 sec
- DevicesDesktop 10% · Mobile 90%
Similar websites
Websites whose visitors overlap most with Droom. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bigboytoyz.com | 100% | 690.4K | #102,293 | View details | |
| cartrade.com | 97% | 1.9M | #30,687 | View details | |
| orangebookvalue.com | 91% | 234.7K | #194,526 | View details | |
| bikes4sale.in | 91% | 822.8K | #64,512 | View details | |
| spinny.com | 88% | 7.3M | #7,428 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as Droom (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Related news about Droom
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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 CEO of Droom, as recorded in our data. 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 Seed of $1.5M, raised on May 2014.
Droom has 382 employees.
The primary company behind Droom, Droom Technology Private Limited, reported revenue of ₹169 Cr for FY 2025, up 88% year on year.
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 27 investors. Key investors include Pindrop Security, Toyota Tsusho, Digital Garage, Beenos, and India Accelerator.
The valuation of Droom is $360M as of Mar 2025.