We help you to choose the perfect vehicle for you
Founded in April 2014 in Silicon Valley, Droom is India’s first & largest marketplace to buy and sell new and used automobiles and automobile services. Droom has taken a completely innovative and disruptive approach to build trust and pricing advantages for buyers.
The current experience of buying and selling an automobile is completely broken, antiquated and full of pitfalls. Droom offers a truly 21st century experience in buying and selling automobiles. With its technology driven marketplace approach, droom enables transactions between buyers and sellers by bringing transparency, building trust, and mitigating information asymmetry. Droom is a mobile first marketplace with a presence on three platforms i.e. Android, iOS and Desktop.
Droom offers four marketplace formats i.e. B2C, C2C, C2B and B2B, and three pricing formats - Fixed Price, Best Offer and Auction. The platform offers wide range of categories from bicycle to plane and all automobile services such as warranty, RSA, insurance and auto loan. Droom uses data science to build trust at scale with a US Patent technology called Full Circle Trust Score. Droom has built also the de-facto pricing standard for used vehicles in India – OBV, which has a US patent. Droom has built the entire ecosystem for India so that the transaction for used automobiles can take place with least degree of information asymmetry and morale hazard.
Droom is not only the largest online automobile platform in India but also the 5th largest E-commerce company in India in terms of GMV. The automobile platform is category, seller, price, condition, and geography agnostic. It has built tech and data science heavy tools to create the entire ecosystem around used automobiles, including OBV (pricing engine), Eco (121 points vehicle inspection), History (200 mil vehicle history), Discovery (dozens of pre-buying tools) and Credit (India’s first and only loan marketplace for used vehicles).
Droom has a very strong and proven founding team with 50 years of combined experience in technology, Internet, E-Commerce and FMCG including 20 years in Silicon Valley. Sandeep Aggarwal is founder of Droom. Prior to Droom, Sandeep founded ShopClues.com, India’s first & largest managed marketplace and 5th Unicorn in the Consumer Internet in India. Droom has a team of 200+ and is funded by some of the leading global venture investors.
Droom’s culture is casual, fun loving, high energy, vibrant, and non-political. The two things that are placed on top are passion and merit.
Droom's culture is casual, fun loving, high energy, vibrant, and non-political. There are two things that are placed on top passion and merit.
The experience of buying and selling an automobile is completely broken and full of pain points and friction. With its disruptive marketplace approach, Droom is leveraging technology and data in a way that removes impediments why a transaction between two unknown people may not take place. With droom’s innovative approach buyers get huge selection, low prices, and develop trust while sellers get access to millions of online shoppers, higher trade velocity, and a full stack of sellers' tools and e-commerce services to self-manage their online store at droom.