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July 28, 2021 06:54 am GMT

Indian automobile marketplace Droom valued at $1.2 billion in 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 is raising up to $200 million in what it described as a pre-IPO growth funding round. The new investment, part of which has been secured, valued the seven-year-old startup at $1.2 billion, […]

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