'Droom' Raises $200 Mn From Funding, Becomes India's 17th Unicorn
Online automobile startup "Droom" has raised $200 million in pre-IPO funding, taking its valuation to $1.2 billion and registering itself as India's 17th unicorn company. Investors like "57 Stars" and "Seven Train Ventures", participated in the fund-raiser along with others. The company said that it will use the fund to grow its market all over Indian cities and to international markets eventually.