Indian automobile marketplace Droom valued at $1.2 billion in $200 million pre-IPO funding

Indian automobile marketplace Droom valued at $1.2 billion in $200 million pre-IPO funding

3 years ago
Anonymous $drS9DEX_Sj

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.

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