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Entrepreneurship will never be a straight line, advises Droom CEO

It doesn’t matter if someone believes in your conviction or not. You have to wear a salesman hat and convince someone to put money in you, advises Droom CEO Sandeep Aggarwal.

July 28, 2017 / 04:51 PM IST
Rishab Malik, Co-Founder and VP - Business Development, Droom and Mr. Sandeep Aggarwal,Founder & CEO, Droom

Rishab Malik, Co-Founder and VP - Business Development, Droom and Mr. Sandeep Aggarwal,Founder & CEO, Droom

Sandeep Aggarwal, CEO and founder of Droom, a marketplace to buy and sell automobiles and related services also co-founded ShopClues in 2011.

After working as a financial analyst at a US based firm, he decided to pitch the idea for Shopclues to several investors but he faced dejection.  Now he keeps a pocketbook, which gives a detailed plan about how his companies will work for next years. His new startup Droom has raised close to USD 65 million. Excerpts from a quick interview:

1.What are the lessons you learnt from facing 25 rejections from investors while starting your first company?

It is not easy. The lessons I learnt was that you have to believe in your conviction, it doesn’t matter if others believe it or not.