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Droom has raised Rs 100 crore from Lightbox

On Thursday, an online marketplace for automobiles Droom said that it has raised Rs 100 crore funding in Series A led by Lightbox.

The company said in a statement that, it is planing to utilise the funds for expanding operations to add 20 automobile and  12 service categories hosting over 50,000 sellers and two lakh listing in the next 18-24 months.

It further added that it also plans to expand into South-east Asia by early 2016.

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