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.

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