Droom - About the company
Droom is a series G company based in Gurugram (India), founded in 2014 by Sandeep Aggarwal and Mayank Chaudhary. It operates as an Online retailer of used and new automobiles, plus related services. Droom has raised $344M in funding from investors like Digital Garage, Toyota Tsusho and India Accelerator, with a current valuation of $360M. The company has 5225 active competitors, including 62 funded and 311 that have exited. Its top competitors include companies like Carvana, Spinny and Cars24.
Sectors and market segments that Droom operate in
Droom serves in the Auto Tech, Auto market segments.The primary business model of Droom are:Company Details
Online retailer of used and new automobiles, plus related services. It provides a platform for individuals to buy, sell, exchange, finance, insure, inspect, and certify vehicles. The platform offers a selection of automobiles across multiple categories. It facilitates vehicle inspection and certification for condition, pricing, and history. The company provides loans, warranty, and vehicle delivery services.
- Website
- droom.in
- Social
- Email ID
- *****@droom.in
- Phone Number
- +91 **********
- Registered Address
- Plot No. 336, Ground Floor, Udyog Vihar, Phase 4, Industrial Complex Dundahera, Gurgaon, Industrial Complex Dundahera, Haryana, India, 122016
Key Metrics
Founded Year
2014
Location
Gurugram, India
Stage
Series G
Total Funding
$344M in 10 rounds
Latest Funding Round
Post Money Valuation
$360M as on Mar 01, 2025
Investors
Ranked
5th among 5225 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
387 as on Aug 31, 2026
Legal entities associated with Droom
Droom is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DROOM TECHNOLOGY PRIVATE LIMITED CIN: U72300HR2014PTC139804 , India, Active | Sep 09, 2014 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 69 (As on May 31, 2026) |
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Droom's funding and investors
Droom has raised a total funding of $344M over 10 rounds. Its first funding round was on May 2014. Its latest funding round was a Series G round on Mar 26, 2025 for $3M. 3 investors participated in its latest round. Droom has 34 institutional investors and 35 angel investors.
Here is the list of recent funding rounds of Droom:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 26, 2025 | $3M | Series G | - | - | ||
Jul 28, 2021 | $200M | Series G | $1.2B | 33.8x | - | |
Jun 20, 2019 | $10M | Series F | - | - | - | - |
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Droom's founders and board of directors
Founder? Claim ProfileThe founders of Droom are Sandeep Aggarwal and Mayank Chaudhary. Sandeep Aggarwal is the CEO of Droom.
Here are the details of Droom's key team members:
- Sandeep Aggarwal: Founder & CEO of Droom and founder of 1 other company. They are also an angel investor in 22 startups and serve on the boards of 2 companies.Contact Info: 2 phone numbers
- Mayank Chaudhary: Co-Founder, CTO of Droom.
Droom's Board of Directors
Droom's board has 4 active members. Rishab Malik, Sandeep Aggarwal and Amarpreet Singh are part of team and Koo Siew Gan is independent board member.Here is the list of Droom's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 10m | |
Team | - | Current | 4y 10m | |
Team | - | Current | 4y 10m | |
Independent board member | - | Current | 12y 2m | |
Independent board member | - | Past | 1y 2m | |
Independent board member | - | Past | 2y 7m | |
Independent board member | - | Past | 8y 2m | |
Independent board member | - | Past | 0y 0m |
View details of Droom's Founder profiles and Board Members
Droom's employee count trend
Droom has 387 employees as of Aug 26. Here is Droom's employee count trend over the years:
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Droom's Competitors and alternates
Top competitors of Droom include Carvana, Spinny and Cars24. Here is the list of Top 10 competitors of Droom, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Carvana 2012, Phoenix (United States), Public | Online dealer of pre owned cars | $460M | 84/100 | |
2nd | Retailer of inspected pre-owned vehicles with home delivery service options | $698M | 76/100 | ||
3rd | Retailer of used vehicles, new vehicle information, loans, and related services | $1.08B | 76/100 | ||
4th | TrueCar 2005, Santa Monica (United States), Acquired | Online new and used cars listing platform | $270M | 75/100 | |
5th | Online retailer of used and new automobiles, plus related services | $344M | 75/100 | ||
6th | Online platform for buying, selling, and managing used cars, providing a full-stack service for car ownership | $686M | 74/100 | ||
7th | CarGurus 2006, Cambridge (United States), Public | Online retailer of used and new cars with financing options | $1.75M | 73/100 | |
8th | App based platform offering car buying, selling, and comparison services | - | 73/100 | ||
9th | ACV Auctions 2014, Buffalo (United States), Series E | Online marketplace providing auction services for used vehicles to licensed dealers | $350M | 72/100 | |
10th | Copart 1982, Dallas (United States), Public | Online marketplace for used and salvaged vehicles | $1.1M | - | 72/100 |
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Droom's Latest cap tables and shareholding
Founders own 0.00%, Funds own 0.16%, Parent Entities (largest shareholder) own 99.19% and Enterprises own 0.08%.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | - | 160 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 0.16% | 5Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
Parent Entity | 99.19% | 3,070Cr | 7014665 | 2381667 | 5432968 | 7695508 |
Enterprise | 0.08% | 2.5Cr | 0 | 0 | 0 | 0 |
Angel | 0.35% | 11Cr | 0 | 0 | 0 | 0 |
Other People | 0.21% | 6.5Cr | 0 | 0 | 0 | 0 |
Total | 99.99% | 3,100Cr | 4845684 | 1799193 | 8983235 | 1761580 |
To unlock detailed Cap Table of Droom Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Droom's Shareholding
Droom's Investments and acquisitions
Droom has made 1 investment in Kidbea and acquired Visiolab Ideas.Reports related to Droom
Here is the latest report on Droom's sector:
News related to Droom
Filter this listMedia has covered Droom for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Finvolve And India Accelerator Invest In IPO-bound DroomBW Disrupt•Mar 25, 2025•Droom, Finvolve, India Accelerator
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Lightbox-backed Droom’s India arm raising fresh capital, revives IPO planVCCircle•Mar 17, 2025•Droom
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Droom Celebrates 10 Years of First Order with the Launch of Droom RentalsBusinessnewsthisweek•Jan 16, 2025•Droom
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