Advertisement

Advertisement

Advertisement

Advertisement

Droom’s Sandeep Aggarwal family office invests over Rs 25 Crore

Droom’s Sandeep Aggarwal family office has crossed the investment milestone of Rs 25 Crore as an angel investor with the latest investments in various National and International companies such as the US-based Venture Capital firm – Lionbird, India based full-stack cloud garage startup – Fixcraft, India’s leading B2B eCommerce player in the aftermarket tire vertical – Tyreplex, Media and content company – TSB Media Ventures, and World’s first commercially attractive, DNA-based data storage solution – Iridia.

Sandeep Aggarwal family office was set up by Sandeep Aggarwal in 2016 with a vision to give a boost to entrepreneurship and startups and provide support and guidance to the global online & e-commerce industry. Sandeep Aggarwal’s family office has made multiple strategic investments in startups across sectors such as auto services, financial services, healthcare, and technology platforms.

Commenting on the investment milestone, Sandeep Aggarwal, Droom said, “When I came to India in 2011, India had less than 200 startups, a handful of VCs and angel investors, and value of all public and private companies was less than 3 billion. I believe India will create $500 Billion in new wealth by 2025 and $1 trillion by 2030 from the startup revolution. More than wealth creation, the amount of job creation, social transformation, and helping India to reclaim its old glory will be second to none. I feel happy and blessed to be a part of this great revolution as a two times founder and teaming up with dozens of exceptional young entrepreneurs.”

Fundraiser Campaign

Sandeep has been encouraging young entrepreneurs and their ideas for the past couple of years through regular mentorship and multiple investments as an angel investor and venture capitalist.

During the pandemic-induced lockdowns, Sandeep has been consistently investing in startups to promote the global economy and drive growth in the industry. Sandeep has also been a catalyst to the growth of the startup ecosystem by judging various startup-focused reality shows such as MTV Dropout and offering keynote speeches in multiple top IIT institutes and B-Schools. The entire investments that Sandeep makes are through the wealth that he has accumulated throughout his career abroad as a two times Entrepreneur and investment professional.

In 2016, Sandeep invested close to 4 crores in more than seven early-stage firms in India and overseas such as California based firms Giveclub and Dataguise, Malaysia based – Duriana, Indonesia based – Dekoruma, and India based – Wittyfeed, Clan Connect, Wydr, Curo healthcare, and Shopsity, to name a few.

Ads

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More