About DroomCredit
DroomCredit is a company based in Delhi (India) founded in 2017. The company has 127 employees as of March 23, 2024. DroomCredit offers products and services including Car Loan, Bike Loan, Scooter Loan, EMI Calculator, and Free Credit Score. DroomCredit operates in a competitive market with competitors including CreditMate, Kuwy, Perpetuity Capital, AMU Leasing and Autovert, among others.
- Headquarter Delhi, India
- Employees 127 as on 23 Mar, 2024
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Droom Technology Limited
- Jurisdiction Faridabad, Haryana, India
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Annual Revenue
$31.58 M (USD)-32.69as on Mar 31, 2023
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Net Profit
-$7.47 M (USD)54.66as on Mar 31, 2023
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EBITDA
-$8.01 M (USD)51.4as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
127
as on Mar 23, 2024
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Products & Services of DroomCredit
DroomCredit offers a comprehensive portfolio of products and services, including Car Loan, Bike Loan, Scooter Loan, EMI Calculator, and Free Credit Score.
Provides financing options for purchasing cars.
Offers loans for buying bikes and motorcycles.
Facilitates loans for scooter acquisitions.
Tool to calculate equated monthly installments for loans.
Service for checking and monitoring personal credit scores.
Funding Insights of DroomCredit
Investments & Acquisitions by DroomCredit
Financial Statements - DroomCredit
Droomcredit Comparisons
Competitors of DroomCredit
DroomCredit 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 CreditMate, Kuwy, Perpetuity Capital, AMU Leasing and Autovert, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Overdue payments are collected from borrowers for multiple lenders.
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| domain | founded_year | HQ Location |
Automotive financing is provided via an app-based marketplace.
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| domain | founded_year | HQ Location |
Online auto loans for vehicles are provided through digital platforms.
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| domain | founded_year | HQ Location |
Electric vehicle financing services are provided to customers in India.
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| domain | founded_year | HQ Location |
Online platform for electric vehicles financing
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| domain | founded_year | HQ Location |
Delivers comprehensive car loan solutions to facilitate vehicle financing.
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Latest news on Droomcredit
Frequently Asked Questions about DroomCredit
DroomCredit was founded in 2017.
DroomCredit is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
As of Mar 23, 2024, the latest employee count at DroomCredit is 127.
Annual revenue of DroomCredit is $31.58M as on Mar 31, 2023.
DroomCredit was founded in 2017 in Delhi, India, within the fintech sector focused on auto financing. An online platform is operated where users access loan options by processing PAN details, credit scores, and income statements through a proprietary algorithm-based credit risk engine. EMI options are checked, and lenders are selected accordingly. A self-service panel is offered to lenders for managing eligibility criteria and loan lifecycles.
DroomCredit's top competitors include CreditMate, Tata Motors Finance and Kuwy.
DroomCredit offers Car Loan, Bike Loan, Scooter Loan, EMI Calculator, and Free Credit Score.