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Sandeep Aggarwal
Indian automotive e-commerce company
Sandeep Aggarwal is a prominent Indian entrepreneur, angel investor, and philanthropist who has founded two unicorn startups in India.12 Here are some key details about his background and accomplishments:
Career Highlights
Sandeep Aggarwal is best known as the founder and CEO of Droom Technology, an online marketplace for buying and selling automobiles.3 He founded Droom in April 2014 and has grown it into a unicorn company valued at over $1 billion.23
Prior to Droom, Sandeep co-founded ShopClues.com in 2011, which also became a unicorn startup.12 He is recognized as one of the few Indian entrepreneurs to have founded two unicorn companies.2
Professional Background
Before becoming an entrepreneur, Sandeep had an extensive career in finance and technology:
- He worked as a Wall Street analyst for several top firms including Caris & Company, Collins Stewart, and Oppenheimer & Co.1
- He held positions at major companies like Microsoft and Charles Schwab.1
- His experience spans equity research, financial consulting, and internet technology analysis.1
Entrepreneurial Journey
Sandeep's entrepreneurial path has had both triumphs and challenges:
- He launched ShopClues in 2011, which quickly became one of India's top e-commerce platforms.2
- In 2013, he faced legal troubles in the US related to insider trading charges from his time as a Wall Street analyst.2
- After resolving his legal issues, he founded Droom in 2014 and rebuilt his career.23
- Droom has grown rapidly, operating in multiple countries and achieving unicorn status in 2021.3
Achievements and Recognition
- Sandeep is credited with being one of the first Indians to create multiple unicorn startups.24
- He has successfully raised hundreds of millions of dollars in funding for his ventures.23
- Droom has expanded to over 1,100 cities worldwide and has sold over 400,000 vehicles.2
Sandeep Aggarwal's story is one of resilience and entrepreneurial success, overcoming personal setbacks to build innovative technology companies in the Indian startup ecosystem.