AutomobileStartUp News

GMV of INR 104 cr in just 19 months

An exceptional 21st century experience for buying and selling automobiles

Continuing with Droom’s success story, this progressive online automobile transactional marketplace begs big business achievement with its disruptive offerings, Recently it came forward that Droom has been able to successfully generate a monthly gross merchandise value (GMV) of INR 104cr in just last 19 months.Morover, it is one of the fastest growing consumer Internet companies in India with 25K+ products, 78K+ B2C sellers,  113K+ listings and over 3.4 Mil+ downloads for mobile apps.

The platform has already registered over INR 1,200 crore in annual GMV, with future plans to achieve INR 3,000 crore by March 2017. With their innovation engine running on an overdrive mode, Droom believes to increase its growth digits within a span of 5-6 months.

Reporting a 30% month-on-month growth, it has also set a precedent of incurring low marketing costs by spending a mere 4.5% of the total allocation and yet achieving such enormous expansion figures. Looking forward for more exciting updates from the team behind  Droom.

Subscribe with us to get your dose of interesting news, research & opinions in the startup segment. Fill the form below:

[email-subscribers namefield=”YES” desc=”” group=”Public”]


Get Free Email Updates!

Signup now and receive an email once I publish new content.

I agree to have my personal information transfered to ConvertKit ( more information )

I will never give away, trade or sell your email address. You can unsubscribe at any time.

The Author

Startup-Buzz Team

Startup-Buzz Team

Startup-buzz Team is a collaborative group of entrepreneurs, researchers, writers and experienced professionals. Tied up together to bring the latest Startup Buzz going around the globe.

Previous post

Mahindra Holidays Gains 12% Stakes in Giftxoxo & Frogo

Next post

Google Showcases Its Latest Daydream View VR Headset