Indian automobile marketplace Droom valued at $1.2 billion in $200 million pre-IPO funding
https://techcrunch.com/2021/07/27/indian-automobile-marketplace-droom-valued-at-1-2-billion-in-200-million-pre-ipo-funding/
An online marketplace for automobiles has become the latest Indian startup to attain the coveted unicorn status.
Gurgaon-headquartered Droom said on Wednesday it has raised $200 million in what it described as a pre-IPO growth funding round. The new investment valued the seven-year-old startup at $1.2 billion, up from about $500 million in October 2018.