Automobile Marketplace Droom Raises $30 Mn In Series D Funding

Sandeep Aggarwal-led Automobile marketplace Droom has raised $30 Mn in Series D round of funding led by Toyota Tsusho Corporation (TTC), a Toyota Group Corporation company and Japan-based Digital Garage. Four more new investors from family offices of Hong Kong, Southeast Asia, also participated in this funding round.

The startup plans to use the funding to further strengthen its position, make its ecosystem tools more scalable and advance its international expansion plans. Droom will also invest heavily in further developing its Machine Learning and Artificial Intelligence capabilities. 

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