Aggarwal, a second-time entrepreneur, finalized the idea to start Droom<\/a> in April 2014. \"I looked at a lot of ideas, but finally settled on Droom because India is the third largest automobile market in the world and an online marketplace to buy used automobiles made sense. We finally launched Droom on November 21, 2014, a date which is important to me since I had started ShopClues on the same date three years before,\" says Aggarwal. Sandeep Agarwal, automobile-to-airplane市场Droom的创始人称,印度将在2020年创造2500亿美元的互联网财富。 Aggarwal,第二次创业,最终开始Droom2014年4月。“我看了很多不同的想法,但最后选定了Droom因为印度是世界上第三大汽车市场,一个在线市场买二手汽车是有道理的。2014年我们终于推出了Droom 11月21日,一个日期,对我很重要,因为我已经开始ShopClues在同一日期之前三年,“Aggarwal说。
\nSince then, Droom has expanded to 15 categories, which include bicycles, scooters, motorcycles, cars, luxury cars, super bikes, and even planes and helicopters. \"We did not want to be limited to automobiles and expanded to automobile services,\" says Aggarwal.
\n
\nBusiness has been brisk for Droom as Aggarwal was recently said the company has 47,000 B2C sellers on board, 55,000 listings and its annualized GMV at the end of April was at $160 million. Aggarwal says the company is now targeting gross merchandise sales of $10 billion by 2020.
\n
Explaining how the company makes money, Co-founder and VP, Business Development, Rishab Malik<\/a> says Droom charges a commission on everything sold on Droom. \"A two-wheeler has a commission of 2 %, a car has 1.5 % of the value of the transaction and depending on the category the commission rate changes. We also have a services business that includes auto inspection, car-care and detailing, road-side assistance among others and in this business we make about 12% commission. Most of our business comes from commission on selling cars and bikes, but another revenue avenue for us has been in the form of advertisement from automobile and financial services companies,\" says Malik.
\n
At a time when most companies are struggling to raise money, Droom's business has seen validation from investors in the latest funding round. The Series B round of equity financing has been led by Singapore-based investor Beenext<\/a>, who has also backed ShopClues.
\n
\n\"If you are an entrepreneur, you should see an opportunity the size of a Mount Everest when others regard it as a pebble. Never jump into the entrepreneurial bandwagon simply because it is glamorous and you want to be your own boss. Being an entrepreneur is one of the toughest jobs in the world and is lonely and draining,\" says Aggarwal.
\n
\n\n<\/p><\/body>","next_sibling":[{"msid":52775128,"title":"Coding becomes a child's play as self-taught Indian kids make their presence felt globally","entity_type":"ARTICLE","link":"\/news\/coding-becomes-a-childs-play-as-self-taught-indian-kids-make-their-presence-felt-globally\/52775128","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":52775602,"entity_type":"ARTICLE","title":"India's digital revolution similar to Europe's industrial revolution: Droom's Sandeep Aggarwal","synopsis":"Sandeep Agarwal, the founder of automobile-to-airplane marketplace Droom, says India is poised to create $250 billion in Internet wealth by 2020.","titleseo":"telecomnews\/indias-digital-revolution-similar-to-europes-industrial-revolution-drooms-sandeep-aggarwal","status":"ACTIVE","authors":[{"author_name":"Pranbihanga Borpuzari","author_link":"\/author\/479234120\/pranbihanga-borpuzari","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479234120.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479234120,"author_name":"Pranbihanga Borpuzari","author_seo_name":"pranbihanga-borpuzari","designation":"Associate Editor","agency":false}},{"author_name":"Ashutosh Bhattacharya","author_link":"\/author\/479245123\/ashutosh-bhattacharya","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479245123.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479245123,"author_name":"Ashutosh Bhattacharya","author_seo_name":"ashutosh-bhattacharya","designation":"Contributors","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Online","artdate":"2016-06-16 11:40:35","lastupd":"2016-06-16 11:42:51","breadcrumbTags":["Internet","Sandeep Aggarwal","My Big Plunge","Droom","Beenext","Rishab Malik"],"secinfo":{"seolocation":"telecomnews\/indias-digital-revolution-similar-to-europes-industrial-revolution-drooms-sandeep-aggarwal"}}" data-authors="[" pranbihanga borpuzari","ashutosh bhattacharya"]" data-category-name="" data-category_id="" data-date="2016-06-16" data-index="article_1">
印度的数字革命类似于欧洲的工业革命:Droom Sandeep Aggarwal
从那时起,Droom已经扩大到15个类别,其中包括自行车,摩托车,摩托车、汽车、豪华车、超级自行车,甚至飞机和直升机。“我们不想是有限的汽车和汽车服务,扩展到“Aggarwal说。
业务已经快步Droom Aggarwal最近表示,该公司拥有47000 B2C卖家,55000年上市和其年度GMV 4月底是1.6亿美元。Aggarwal说公司目前针对商品销售总额到2020年的100亿美元。
解释公司赚钱,联合创始人兼副总裁,业务发展,Rishab马利克委员会Droom指控说一切Droom出售。“摩托的2%的佣金,一辆车价值1.5%的事务,根据类别佣金率的变化。我们也有一个服务业务,包括汽车检测、汽车保养和详细,路边援助等等,我们在这个行业12%的佣金。我们的大部分业务来自委员会出售汽车和自行车,但另一个税收大道上我们已经从汽车广告的形式和金融服务公司,”马利克说。
在大多数公司都在努力筹集资金,Droom来自投资者的业务已经验证的最新一轮融资。系列B轮股权融资已由新加坡投资者Beenext,他也支持ShopClues。
“如果你是一个企业家,您应该看到一个机会大小的珠穆朗玛峰当其他人认为这是一个卵石。从来没有进入创业浪潮仅仅因为它是迷人的,你想成为自己的老板。创业是世界上最艰难的工作之一,是孤独和排水,“Aggarwal说。
Aggarwal, a second-time entrepreneur, finalized the idea to start Droom<\/a> in April 2014. \"I looked at a lot of ideas, but finally settled on Droom because India is the third largest automobile market in the world and an online marketplace to buy used automobiles made sense. We finally launched Droom on November 21, 2014, a date which is important to me since I had started ShopClues on the same date three years before,\" says Aggarwal.
\nSince then, Droom has expanded to 15 categories, which include bicycles, scooters, motorcycles, cars, luxury cars, super bikes, and even planes and helicopters. \"We did not want to be limited to automobiles and expanded to automobile services,\" says Aggarwal.
\n
\nBusiness has been brisk for Droom as Aggarwal was recently said the company has 47,000 B2C sellers on board, 55,000 listings and its annualized GMV at the end of April was at $160 million. Aggarwal says the company is now targeting gross merchandise sales of $10 billion by 2020.
\n
Explaining how the company makes money, Co-founder and VP, Business Development, Rishab Malik<\/a> says Droom charges a commission on everything sold on Droom. \"A two-wheeler has a commission of 2 %, a car has 1.5 % of the value of the transaction and depending on the category the commission rate changes. We also have a services business that includes auto inspection, car-care and detailing, road-side assistance among others and in this business we make about 12% commission. Most of our business comes from commission on selling cars and bikes, but another revenue avenue for us has been in the form of advertisement from automobile and financial services companies,\" says Malik.
\n
At a time when most companies are struggling to raise money, Droom's business has seen validation from investors in the latest funding round. The Series B round of equity financing has been led by Singapore-based investor Beenext<\/a>, who has also backed ShopClues.
\n
\n\"If you are an entrepreneur, you should see an opportunity the size of a Mount Everest when others regard it as a pebble. Never jump into the entrepreneurial bandwagon simply because it is glamorous and you want to be your own boss. Being an entrepreneur is one of the toughest jobs in the world and is lonely and draining,\" says Aggarwal.
\n
\n\n<\/p><\/body>","next_sibling":[{"msid":52775128,"title":"Coding becomes a child's play as self-taught Indian kids make their presence felt globally","entity_type":"ARTICLE","link":"\/news\/coding-becomes-a-childs-play-as-self-taught-indian-kids-make-their-presence-felt-globally\/52775128","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":52775602,"entity_type":"ARTICLE","title":"India's digital revolution similar to Europe's industrial revolution: Droom's Sandeep Aggarwal","synopsis":"Sandeep Agarwal, the founder of automobile-to-airplane marketplace Droom, says India is poised to create $250 billion in Internet wealth by 2020.","titleseo":"telecomnews\/indias-digital-revolution-similar-to-europes-industrial-revolution-drooms-sandeep-aggarwal","status":"ACTIVE","authors":[{"author_name":"Pranbihanga Borpuzari","author_link":"\/author\/479234120\/pranbihanga-borpuzari","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479234120.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479234120,"author_name":"Pranbihanga Borpuzari","author_seo_name":"pranbihanga-borpuzari","designation":"Associate Editor","agency":false}},{"author_name":"Ashutosh Bhattacharya","author_link":"\/author\/479245123\/ashutosh-bhattacharya","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479245123.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479245123,"author_name":"Ashutosh Bhattacharya","author_seo_name":"ashutosh-bhattacharya","designation":"Contributors","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Online","artdate":"2016-06-16 11:40:35","lastupd":"2016-06-16 11:42:51","breadcrumbTags":["Internet","Sandeep Aggarwal","My Big Plunge","Droom","Beenext","Rishab Malik"],"secinfo":{"seolocation":"telecomnews\/indias-digital-revolution-similar-to-europes-industrial-revolution-drooms-sandeep-aggarwal"}}" data-news_link="//www.iser-br.com/news/indias-digital-revolution-similar-to-europes-industrial-revolution-drooms-sandeep-aggarwal/52775602">
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