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Droom plans to raise $50 mn, launches credit platform

Droom plans to raise $50 mn, launches credit platform

Friday, April 14, 2017, 8:12 AM

Sandeep Aggarwal, founder of Droom, plans to raise $50 million and to become a unicorn, a start-up with valuation of $1 billion, by the end of this financial year. The e-commerce platform launched Droom Credit, a marketplace to get loans to buy used automobiles, a first of its kind in India, on Thursday. Droom Credit is fully automated credit marketplace to get loan approval.
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