Our Mission is to Make Buying and Selling Automobiles Easy, Quick and Trusted.
Droom is an AI and data science driven online transactional platform, which offers 21st century experience in buying and selling used and new automobiles in India and other emerging markets. Droom has built an entire eco-system around used automobiles for the digital economy, including Orange Book Value (used vehicle pricing engine), Eco (1,000+ points vehicle inspection), History (history records for used vehicles), Discovery (dozens of pre-buying research tools) and Credit (India’s first and only marketplace for used auto loan and dealer financing). Droom caters to individual buyers and sellers, dealers and large enterprise for not only for buying and selling but also entire life cycle management and all automobile ancillary services.
Droom has four marketplace formats i.e. B2C, C2C, C2B and B2B, and three pricing formats - Fixed Price, Best Offer and Auction. The platform offers a wide range of categories from bicycle to plane and all automobile services such as warranty, RSA, insurance and auto loan.
With 80% market share of the automobile transactions online. Droom is India’s largest automobile platform online and 4th largest E-Commerce company. Besides, India Droom is available in Singapore, Thailand and Malaysia and OBV is available in 38 countries globally, making OBV world’s number one benchmark pricing engine.
The company is currently generating $1.3 Billion in annualized GMV and growing at a rate of 100% Y/Y. Droom has presence in 1000+ cities across India (India’s largest hyper-local marketplace), 350K+ auto dealers (largest auto dealer platform in World), 35 Million+ monthly visitors, nearly 12 Million+ app downloads and 6.5 Million+ Facebook followers.
Droom is a Singapore Holding Company with subsidiaries in India and the United States. The company has so far raised close to $125 Million dollars over six rounds of funding. Some of the prominent investors are Lightbox, Beenext, Beenos, Digital Garage, Toyota Tsusho Corporation, and Integrated Assets Management. .
Became 3rd Largest eCommerce Company, ₹300 Cr Monthly Revenue, 1 Mil Daily Traffic
Launched Bittu ji Beemer Video Ad
Launched OBV for Used Mobile Phones
Launched Droom Discovery
Bittuji ki Beemer on Top 10 YouTube Ads Leaderboard Q3 – 2017 in India
Bittuji ki Beemer at 5th position in Economic Times Brand Equity
Launched Used Mobile Phones as Category
Launched Electric Vehicles
Droom ecosystem service Ads Won Bronze in Effie Awards
Awarded "30 fastest growing companies in Asia 2017" by Silicon Review magazine
Won Bronze in Telecom & Technology for OBV-Bakra Mat Bano ad and Won Silver in E-commerce, online Media, mobile apps for ECO ad
Asian Super Startup for the year 2017-18
Droom in association with the Lung Care Foundation successfully participated in the Guinness World Record for Largest Human Image Of An Organ.
Reached Anualized GMV of ₹ 4100 Cr
Droom Raised Series D Funding
Droom Raised $30 Mil in Series E funding
Droom Launched in Malaysia
Droom Launched in Singapore
Launch of AI Lab
Launch of ECO Lab
Launch of OBV and Discovery in Thailand
Launch of Droom Dashboard
Droom Launched Malaysia
Launch of Droom Labs
Launch of My Droom
OBV launched in 34 countries
Launch of Droom My Fleet
Launch of ECO inspection App in Vernacular Hindi
Launch of ML powered Recommendation Blocks
Launched Droom Garage Auto Magazine
Droom Launch Germ Shield
Droom Launched JumpStart
Droom Launched Germ Shield Franchise
Launched OBV for Real Estate Beta version
Launch of Droom Academy
Launched Pro-Seller 2.0
Launched OBV for Jobs Beta version
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.