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Droom technology acquires NBFC Xeraphin Finvest

Droom Technology has acquired Xeraphin Finvest of NBFC sector.

Shortpedia

Content Team
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Droom Technology has acquired Xeraphin Finvest of NBFC sector. The auto services company has paid an estimated 3 to 3.5 million dollars. The Delhi-based NBFC is expected to drive loan for purchasing pre-owned vehicles. Droom raised $30 million in equity and has processed over 10k loans over the last 12 months. Droom has raised about $125 million in equity and estimated to earn $200 million with Credit Suisse handling the mandate.


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