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1. www.strategyboffins.com › start_up_strategy › spinnySpinny vs Cars24 vs OLX Autos vs Droom - Strategy Boffins

   www.strategyboffins.com › start_up_strategy › spinny

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   Feb 24, 2024 · Spinny, valued at $1.6 billion, emphasizes a full-stack, customer-centric approach in the used car market, distinguishing itself with quality checks and transparent pricing. Competitors like Cars24, OLX Autos, and Droom vary in focus, with Cars24 also reaching high valuations through technology-driven operations, while OLX and Droom leverage broader marketplaces and data analytics

2. auto.economictimes.indiatimes.com › newsUsed car marketplace 'Droom' plans to come up with IPO in ...

   auto.economictimes.indiatimes.com › news

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   Nov 30, 2023 · That number is now at 1.65 cars sold per year, as against one new car in India. The founder and CEO of used car marketplace ' Droom ', Sandeep Aggarwal said on Wednesday that the company plans to ...

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3. www.bignewsnetwork.com › news › 274049495Used car marketplace 'Droom' plans to come up with IPO in ...

   www.bignewsnetwork.com › news › 274049495

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   Nov 30, 2023 · According to a study roughly 10 years ago, for every new car, 1.2 used cars were sold. That number is now at 1.65 cars sold per year, as against one new car in India. The best ratio of used car sales is in the United Kingdom at 3.3. The second-best ratio is in Germany, Japan and the USA, with around 2.8 used cars sold as against one new car sale.

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. www.businessinsider.in › business › startupsAutomobile marketplace Droom is raising $200 million in a pre ...

   www.businessinsider.in › business › startups

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   Online automobile marketplace Droom has got the wheels rolling for its initial public offering (IPO). The company has raised $200 million in a pre-IPO funding round, at a valuation of $1.2 billion.

6. www.moneysense.ca › auto › best-used-cars-in-canadaBest used cars in Canada for 2024 - MoneySense

   www.moneysense.ca › auto › best-used-cars-in-canada

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   Jun 27, 2024 · Our top pick overall: Honda Accord. Our top pick for best-value used car in Canada is the Honda Accord, which continues to hold up its reputation as a safe, reliable and spacious people mover ...

7. People also ask

   Who are the top car & Droom competitors?

   • Competitors like Cars24, OLX Autos, and Droom vary in focus, with Cars24 also reaching high valuations through technology-driven operations, while OLX and Droom leverage broader marketplaces and data analytics

   Spinny vs Cars24 vs OLX Autos vs Droom - Strategy Boffins

   www.strategyboffins.com/start_up_strategy/spinny-vs-cars24-vs-olx-autos-vs-droom/

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   Why will people invest in Droom as an e-commerce second-hand car company?

   • Talking about why someone will invest in Droom as an e-commerce second-hand car company, Aggarwal said that a decade ago, it used to be roughly six to seven years and right now it's around five years. Droom is a pure-play e-commerce company. India is now very attractive globally.

   Used Cars: Used car marketplace 'Droom' plans to come up with IPO in

   auto.economictimes.indiatimes.com/news/aftermarket/used-car-marketplace-droom-plans-to-come-up-with-ipo-in-march-2025/105615465

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   Who financed Droom?

   • 57 Stars, Seven Train Ventures and several existing investors financed the new round, said the startup, which counts Toyota and Lightbox among its early backers and had raised about $125 million prior to the new investment. Droom operates a marketplace in India to help people buy and sell used multi-category vehicles such as cars and motorbikes.

   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 profitable company?

   • “Droom’s current annual run-rate is $1.7 billion for GMV and $54 million for net revenue. The company remains on track to touch a GMV of $2 billion and a net Revenue of $65 million in CY2021,” it said in a brief statement. “With the current scale, technology-oriented business, and operational efficiency Droom is nearing profitability.”

   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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   What is the difference between Droom & OLX autos?

   • Droom distinguishes itself with a strong emphasis on data and analytics tools, whereas OLX Autos leverages its vast marketplace reach. Each player has carved out a niche based on its unique strengths, contributing to a dynamic and competitive used car ecosystem.

   Spinny vs Cars24 vs OLX Autos vs Droom - Strategy Boffins

   www.strategyboffins.com/start_up_strategy/spinny-vs-cars24-vs-olx-autos-vs-droom/

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   What is the difference between Droom & cars24?

   • Droom: Maintains a strong online presence with a wide array of vehicle categories, focusing on technological tools and a large-scale marketplace to engage users. Cars24: Invests heavily in technology to streamline operations and customer interactions, utilizing AI and data analytics extensively for valuation and sales processes.

   Spinny vs Cars24 vs OLX Autos vs Droom - Strategy Boffins

   www.strategyboffins.com/start_up_strategy/spinny-vs-cars24-vs-olx-autos-vs-droom/

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8. 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 ...