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Automobiles marketplace start-up Droom has raised Series E funding of $30 million. It was led by the Family office of Japanese investor Joe Hiram, Founder ZIGExN. So far, it has raised $125 million.
The company will use the fund for its international expansion, certification services, scaling up its operations in 100 more cities and its financial offering Droom Credit.
The company’s net revenue is $20 million and achieved gross merchandise value of $750 million. Droom plans to go for an IPO by 2020.
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