>About Droom
Droom is a tech and AI-driven 21st-century futuristic online platform revolutionizing the Indian automotive market. Droom is the only online automobile platform in India that sells both used and new automobiles and everything from bicycles to planes. Droom has helped 2.5million+ customers buy, sell, finance, insure, or inspect/certify vehicles with trust, convenience, and peace of mind backed by Droom’s managed marketplace platform and proprietary tech & AI-driven ecosystem of products and services.
Droom offers India’s largest selection of automobiles online with over 250k automobiles across 12 categories in 1,174 cities with trust, selection, low price, and convenience second to none. Every vehicle sold at Droom goes through a proprietary and technology-driven rigorous 1,100-point inspection and certification for its condition, pricing, and history. Because Droom invests in technology and AI vs. physical dealerships and people-heavy operations, the automobiles sold at Droom are cheaper than other options available to consumers. Droom offers loans, insurance, escrow payments, warranty, return, last-mile delivery, and ownership transfer. For individual sellers, Droom offers QuickSell, a highly innovative, transparent, and convenient solution to sell or exchange pre-owned vehicles at lightning-fast speed and fair price via our vast network of 23k+ dealers in 1,174 cities.
Droom has built a highly advanced managed marketplace platform online that is category, geography, and condition agnostic offering unparalleled selection. In order to build trust and convenience, Droom has built a proprietary technology and AI-driven ecosystem of products and services including Orange Book Value (algorithmic pricing engine | 776 Mn+ Queries I US Patent), ECO (tech, AI and IoT driven 1,100+ points vehicle inspection, 16k+ auto mechanics in 1k+ cities), History (India’s largest repository for used vehicle historical records | Database of 250 Mn+ vehicles | up to 50 vehicle historical records), Droom Fintech (Loan & Insurance), and Velocity (last mile fulfillment and delivery services). Droom’s tech stack is used as SaaS by some of the largest enterprises in the automobile sector including HDFC, IDFC, Yamaha, TVS, Toyota, etc
Droom was founded by Sandeep Aggarwal, who is the only tech founder in India to have founded two unicorns back-to-back in the last 10 years backed by an all-star team. Droom is among the most trusted consumer Internet brands in India often recognized for its disruptive approach and innovative technology stack and is backed by some of the marquee global investors including Lightbox, Digital Garage, Toyota Group, Beenext, 57 Stars, and many multibillion-dollar family offices in SE Asia and Hong Kong.
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