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

   inc42.com › features › indias-used-cars-race

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   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 ...

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

   www.news18.com › news › auto

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   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.

3. www.aninews.in › news › businessDroom Releases Resale Value Report 2024 for India's Compact ...

   www.aninews.in › news › business

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   New Delhi [India], January 5: Droom, India's pioneering online automobile transactional marketplace, today released its 'Resale Value Report 2024' for the highly competitive compact SUV segment in ...

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. economictimes.indiatimes.com › industry › autoDroom bets on eight-fold growth in GMV by 2025

   economictimes.indiatimes.com › industry › auto

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   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. droom.in › irInvestor Relations - Droom

   droom.in › ir

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   Droom offers India’s largest selection of automobiles with over 250k vehicles online in 1,174 cities — both used & new, cars & 2-wheelers, and other vehicles too. Because Droom invests in technology and AI vs. physical dealerships and people-heavy operations, the automobiles sold at Droom are cheaper than other options available to the ...

7. People also ask

   Is Droom a good place to buy a car in India?

   • Droom offers India’s largest selection of automobiles with over 250k vehicles online in 1,174 cities — both used & new, cars & 2-wheelers, and other vehicles too. Because Droom invests in technology and AI vs. physical dealerships and people-heavy operations, the automobiles sold at Droom are cheaper than other options available to the consumers.

   Investor Relations | DROOM

   droom.in/ir

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   Why should you buy a car at Droom?

   • Every vehicle sold at Droom goes through a proprietary and technology-driven rigorous 1,100-point inspection and certification for its condition, pricing, and history. Droom offers India’s largest selection of automobiles with over 250k vehicles online in 1,174 cities — both used & new, cars & 2-wheelers, and other vehicles too.

   Investor Relations | DROOM

   droom.in/ir

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   What is Droom?

   • Droom is a tech and AI-driven 21st-century futuristic online platform revolutionizing the Indian automotive market. Droom is the only online automobile platform in India that sells both used and new automobiles and everything from bicycles to planes.

   First Automobile E-Commerce Marketplace to Buy and Sell New and ... …

   droom.in/about

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   How much GMV does Droom make a year?

   • Droom clocked GMV of $ 1.2 billion, prior to the outbreak of the pandemic in 2019. Net revenues in the year stood at $32 million. At the current run rate, the company is expecting to register GMV of $2 billion and net revenues of $ 65-70 million in CY2021.

   Droom bets on eight-fold growth in GMV by 2025 - The Economic Times

   economictimes.indiatimes.com/industry/auto/cars-uvs/droom-bets-on-eight-fold-growth-in-gmv-by-2025/articleshow/84772136.cms

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   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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   Is Droom a trusted brand in India?

   • Droom is among the most trusted consumer Internet brands in India often recognized for its innovative approach and technology and is backed by marquee global investors including Lightbox, Digital Garage, Toyota Group, Recruit, Beenext, Beenos, 57 Stars and many multibillion-dollar family offices in SE Asia and Hong Kong.

   Investor Relations | DROOM

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8. droom.in › aboutFirst Automobile E-Commerce Marketplace to Buy and Sell New ...

   droom.in › about

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   Droom is a tech and AI-driven 21st-century futuristic online platform revolutionizing the Indian automotive market. 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 ...