Thursday 15 December 2016

Sandeep Aggarwal – Revolutionizing Business with Technology


Sandeep Aggarwal is the founder of ShopClues – India’s first managed marketplace, and Droom – India’s first marketplace for Automobiles and related services. Known as the father of marketplaces in the Indian start-up ecosystem, Sandeep Aggarwal is extremely passionate about mentoring the start-ups in the country to help them develop their expertise on the entrepreneurial front. He founded ShopClues in early 2011, and started Droom in April 2014. While ShopClues witnessed a great success under his leadership, Droom is seeing a tremendous growth with Sandeep Aggarwal running it as the Founder & CEO. 

Sandeep Aggarwal CEO single-handedly raised a fund of $1.95M from 16 of his friends and close aids in the initial days after the official launch of ShopClues. Although the company was the 35th entrant in the Indian E Commerce segment, it went on to become the 4th largest E Commerce company within the initial 8-9 months under his leadership. 

Droom has been witnessing a tremendous growth in terms of adoption by sellers, number of categories and listings, and GMV/transactions. Moreover, the company has geographical presence in 142 cities across the country. Droom is permanently changing the way automobiles should be bought and sold online by creating modern tools for the 21st century customers and building trust and transparency on pricing of used vehicles. The services offered by Droom have generated healthy revenue with more than 15% of the sellers having signed on for the subscription services and this figure is expected to increase to 40% by December 2017.

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