Droom, an automobile e-commerce platform has raised $3 million (~₹24.75 crore) in a fresh funding round.

The funding, co-led by India Accelerator and Finvolve, with notable participation from angel investors including Hardik Kothiya, founder of Rayzon Solar, will be pivotal in accelerating the company’s growth plans.

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“This funding round represents a pivotal moment for Droom,” said Sandeep Aggarwal, Founder and CEO. “We are committed to transforming the automotive e-commerce landscape in India through technology, innovation, and customer-centric solutions.”

The fresh capital injection will be strategically deployed across three key focus areas: strengthening technological infrastructure, expanding customer acquisition strategies, and scaling operations across India.

Beyond vehicle sales, Droom has strategically expanded its offerings to encompass car financing solutions, automotive software platforms, targeted automobile advertising, and car rental services. This diversified approach has allowed the company to strengthen its presence in the automotive ecosystem.