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  1. Droom is the only online automobile platform in India that sells both used and new automobiles and everything from bicycles to planes. Droom has helped 2.5million+ customers buy, sell, finance, insure, or inspect/certify vehicles with trust, convenience, and peace of mind backed by Droom's managed marketplace platform and proprietary tech & AI-driven ecosystem of products and services.

  2. Jul 20, 2023 · On the other hand, IPO-bound Droom, a used-car and bikes marketplace which began operations in 2014, posted an operating revenue of INR 384.6 Cr in FY22. Sales jumped almost 207% during the year ...

  3. Mar 8, 2021 · Today for every new car 1.65x used cars are sold in India. This ratio was 1.2x when Droom was started 6 years back. However, this ratio is significantly lower than that of UK at 3.3x, USA and Germany at 2.8x and Japan at 2.5x. We believe by 2025, India will cross 2.5x used cars sold for every new car.

  4. Even Droom — which, on one hand, claims to have over 80% market share India’s online car sales — confirms it only has a 0.56% share in the overall sale of automobiles (both new and old) in ...

  5. Jul 27, 2021 · At the current run rate, the company is expecting to register GMV of $2 billion and net revenues of $65-70 million in CY2021. Online vehicle marketplace Droom is betting on an 8-fold growth in gross merchandise value (GMV) to $15 billion by 2025 from an estimated $2 billion in this calendar year, hoping to ride the shift in consumer preference ...

  6. Sep 18, 2018 · Nimbu-Mirchi. Inside the incredible world of Droom, India’s 6th largest e-commerce company. Ashish edits and writes stories at The Ken. Across subjects. In his last assignment, he was a Deputy Editor at Mint, a financial daily published by HT Media. The man smirks.

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  8. Jul 28, 2021 · Gurgaon-headquartered Droom said on Wednesday it is raising up to $200 million in what it described as a pre-IPO growth funding round. The new investment, part of which has been secured, valued ...

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