Startups

Indian automobile marketplace Droom valued at $1.2 billion in $200 million pre-IPO funding


An online marketplace for automobiles has become the latest Indian startup to attain the coveted unicorn status. Gurgaon-headquartered Droom said on Wednesday it has raised $200 million in what it described as a pre-IPO growth funding round. The new investment valued the seven-year-old startup at …

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