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1 min read

To list or not to list : 7 companies that deferred IPO plans amid volatile markets

To list or not to list : 7 companies that deferred IPO plans amid volatile markets

Bhakti Makwana   


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3 mins read

Hyundai Creta, Bajaj Pulsar emerge as the most popular car and bike: Droom report

Droom, India's leading automobile e-commerce platform, which provides the largest selection of auto…

ANI   


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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…

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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…

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Droom CEO Sandeep Aggarwal talks about dual-track IPO listing options in US and India

Droom CEO Sandeep Aggarwal, in an exclusive conversation with Business Insider, highlighted that US…

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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…

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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…

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India's latest unicorn is prepping for an IPO now

Droom, a 7-year old platform enabling sale of used cars is the first Indian startup from the auto s…

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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 …

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1 min read

Spinny is the latest used car platform to join Cars24, Droom and CarDekho in unicorn club

The company said the raised capital would be utilised to bolster the customer experience, streng…

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2 mins read

E-commerce and digitisation to accelerate India's auto sector growth, says report

Strong acceptance of e-commerce and digitisation is expected to accelerate the growth of India's au…

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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…

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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

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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 &…

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1 min read

Droom earmarks USD 100 mn capex for tech, marketing

"While we are aggressively expanding our international presence, we are also deepening our presenc…

PTI   


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1 min read

Charges by US Department of Justice have been dropped, dismissed: Sandeep Aggarwal

Aggarwal was charged by the DOJ and sued by the SEC in July 2013, relating to events that took …

PTI   


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1 min read

Charges by US Department of Justice have been dropped: Droom founder Sandeep Aggarwal

"Both the matters have been resolved. The charges by DOJ have been dropped and dismissed. A civil …

PTI   


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2 mins read

Droom aims to hit profit by year-end, to raise USD 150 mn before IPO

"The plan has always been to take the IPO route and we have considered four options (Mumbai, US, S…

PTI   


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2 mins read

Droom Launches Droom Credit – A Facility to get Auto Loan for Used Automobiles

A proprietary algorithm-based credit risk management engine is used to power this consumer cred…