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2 mins read
Automobile marketplace Droom is raising $200 million in a pre-IPO round at unicorn valuation
Online automobile marketplace Droom has got the wheels rolling for its initial public offering (IPO…
3 mins read
Droom files for ₹3,000 crore IPO — the online car dealer wants ₹400 crore for acquisitions
Online automobile marketplace Droom has filed its draft red herring prospectus (DRHP) for its ₹3,00…
2 mins read
Jewellery retail chain Joyalukkas withdraws ₹2,300 crore IPO
Kerala-based jewellery retail chain Joyalukkas India withdrew its ₹2,300 crore initial public offer…
8 mins read
Three unicorns, hundreds of crore in loss and very little market share — What's the hype around online car retailers?
In this same time span, CarTrade has hit the public market and Droom has formally announced its …
1 min read
Droom goes Fast & Furious with marketing ahead of a US IPO
Indian automobile marketplace Droom is the official partner for the new Fast & Furious: Hobbs &…
2 mins read
Used car marketplace Cars24 has raised as much as Dream11 this year to set up operation overseas
Cars24 will use the recently-raised capital to fuel its brand’s global expansion in the Midd…
4 mins read
Droom founder explains why he is considering a US IPO and where he intends to spend the money
Online automobile marketplace Droom is all set to go for an initial public offering (IPO) in the ne…
2 mins read
Bike Bazaar raises $21 million from Women’s World Banking
The Pune-based company secured the funding from a consortium led by Women’s World Banking Asset …
3 mins read
EXCLUSIVE: Droom has big plans for 2020 – be a unicorn, raise pre-IPO funds, and expand to 9 new countries
In an interview with Business Insider, Sandeep Aggarwal said that the company has clocked $1.2 b…
1 min read
Droom launches Corona Shield service, a way of virus-proofing vehicles
The technology guards surfaces against harmful microbes by inhibiting the growth of microorganisms
1 min read
This start up dealing in preowned cars, choppers and yachts has an amazing workplace culture. Check out their Gurgaon office
Not just that. The start up dealing in both new and pre-owned cars has a swanky office in Gurgaon. …
2 mins read
EXCLUSIVE: This is what has changed in 2016 for consumers in the online car market
According to reports, unlike the new car market, India's used car market has had a relatively stabl…
6 mins read
Loss-making Cars24 is worth more than a profitable CarTrade — here’s why
Gurugram-based used cars marketplace Cars24 became a unicorn last year and raised some more money n…
5 mins read
How millennials and the pandemic are powering India's used-car market, where 4 startups hit unicorn status in one year
The demand for pre-owned cars has soared across the world. India is an under-penetrated market: Onl…
Vasudevan Sridharan
1 min read
'Droom History': India's first national repository for used vehicles launched
'Droom history' is an unbiased report that will tell you your vehicle's background using historical…
2 mins read
Maruti Suzuki remains the most preferred brand amongst Indian automobile buyers, reveals Droom’s annual report
According to the report, 59% of queries and online sales closed by Droom comprised two-wheelers (41…
2 mins read
Used car selling platform Spinny to hire over 5,000 people by the end of 2022
Spinny, which is a used car marketplace, is looking to hire 5,000 individuals by the end of 2022 to…
2 mins read
In India, used car businesses see renewed interest from investors with CarDekho raising $110 million
The slew of funding for Indian startups continues in 2019 with Jaipur-based CarDekho raising $110 m…
3 mins read
This budget may help every Indian to own a car? Here’s how
This sector contributes 7.1% of overall GDP and almost 49% of the manufacturing sector GDP. One of …
2 mins read
India is home to 81 unicorns now as Mamaearth, Globalbees make it to the list
The company runs on a Thras.io model, which is a New York-based e-commerce player that acquire…