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1. droom.in › yellowbookIndian Auto Industry Data Book - Market Growth ... - Droom

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   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. inc42.com › features › indias-used-cars-raceIndia's Used Cars Race: Comparing FY22 Numbers For CARS24 ...

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   Jul 20, 2023 · All three startups ended FY22 in the red. While CARS24 saw its net loss increase 29% to INR 248 Cr in FY22 from INR 192 Cr in FY21, Droom’s loss almost doubled to INR 137 Cr from INR 68.8 Cr in ...

3. fada.in › images › press-releaseFADA releases Mar'24 and FY'24 Vehicle Retail Data

   fada.in › images › press-release

   New Delhi - 110 001 (INDIA) T +91 11 6630 4852, 2332 0095, 4153 1495 E fada@fada.in CIN U74140DL2004PNL130324 www.fada.in FOR IMMEDIATE RELEASE FADA Releases March’24 & FY’24 Vehicle Retail Data Brief Analysis for Mar’24 § Modest Growth in Auto Sector: The Indian Auto Retail sector witnessed a growth of 3.14% YoY, with

4. techcrunch.com › 2021/07/27 › indian-automobileIndian automobile marketplace Droom valued at $1.2 billion in ...

   techcrunch.com › 2021/07/27 › indian-automobile

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   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 ...

5. the-ken.com › story › perhaps-the-most-ingeniousInside the incredible world of Droom, India's 6th largest e ...

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   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.

6. www.news18.com › news › autoFuture of Automobile Buying & Selling in India and Rise of ...

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   Mar 8, 2021 · Indian consumers are becoming more and more aware of this depreciating asset phenomena. Besides, economic uncertainty along with India scrap policy keeping vehicles longer on roads, the used automobile demand has been accelerating. 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.

7. People also ask

   How does Droom work in India?

   • Droom operates a marketplace in India to help people buy and sell used multi-category vehicles such as cars and motorbikes. The startup provides verified listings for buyers along with tools to view, schedule, negotiate and communicate with the seller. Sellers are provided with tools to manage their listings and estimate prices and dispute issues.

   Indian automobile marketplace Droom valued at $1.2 billion in pre-IPO

   techcrunch.com/2021/07/27/indian-automobile-marketplace-droom-valued-at-1-2-billion-in-200-million-pre-ipo-funding/

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   Does Droom sell cars?

   • On websites like Carwale and CarDekho and Olx and many others. We have our listings, and if someone likes them, we sell. Now, the Droom salesperson came to us last year with a proposal. He said, ‘Why don’t you sell your cars on Droom?’

   Inside the incredible world of Droom, India's 6th largest e-commerce

   the-ken.com/story/perhaps-the-most-ingenious-story-of-the-indian-internet-startup-ecosystem-of-this-decade/

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   How much money does Droom raise?

   • Updated at 1.06 pm on July 28: The story was updated to note that Droom is raising up to $200 million — and hasn’t yet raised all of it. An online marketplace for automobiles has become the latest Indian startup to attain the coveted unicorn status.

   Indian automobile marketplace Droom valued at $1.2 billion in pre-IPO

   techcrunch.com/2021/07/27/indian-automobile-marketplace-droom-valued-at-1-2-billion-in-200-million-pre-ipo-funding/

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   How did India's auto retail sector perform in FY'23?

   • Reflecting on FY’23, FADA President Mr. Manish Raj Singhania commented, "The Indian Auto Retail sector achieved a commendable double-digit growth of 10% YoY across all categories, with 2W, 3W, PV, Trac and CV registering increases of 9%, 49%, 8.45%, 8% and 5% respectively.

   FADA releases Mar'24 and FY'24 Vehicle Retail Data

   fada.in/images/press-release/16613636250c94FADA releases March 2024 and FY 2024 Vehicle Retail Data.pdf

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   Why is used car demand accelerating in India?

   • Besides, economic uncertainty along with India scrap policy keeping vehicles longer on roads, the used automobile demand has been accelerating. 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.

   Future of Automobile Buying & Selling in India and Rise of Used Car

   www.news18.com/news/auto/future-of-automobile-buying-selling-in-india-and-rise-of-used-car-market-interview-droom-3505133.html

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   What percentage of automobile is online in India?

   • In any country automobile industry is 8% to 12% of GDP and the largest or among the top 3 retail categories. However, unlike travel, mobile phones, electronics, fashion, food or jobs, automobile is very low penetrated online. When Droom was started only 0.1% of automobile in India was online and while it remains very low, it is now at 0.7%.

   Future of Automobile Buying & Selling in India and Rise of Used Car

   www.news18.com/news/auto/future-of-automobile-buying-selling-in-india-and-rise-of-used-car-market-interview-droom-3505133.html

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8. www.grantthornton.in › globalassets › 1Sector flash: Indian auto industry - Grant Thornton Bharat

   www.grantthornton.in › globalassets › 1

   2025 2026. The year mentioned above is fiscal year April-March. Automobile service market includes auto loans, insurance, automotive tyre and automotive after market. In 2019, the auto loan segment accounted for 43.0% of the auto services industry3. The market share for auto loans increased from 43.0% in 2019 to 45.6% in 20263.