03rd Feb 2018, Mumbai - Droom organized its first exclusive Seller Summit 2018 West India in Mumbai at Novotel Hotel. More than 200 automobile sellers from – Mumbai, Pune, Nagpur, Surat, Ahmedabad, and more, were the part of this prestigious and exclusive event. The Seller Summit 2018 West India was a successful event where sellers were excited to meet and interact with Droom’s leadership team and Mr. Sandeep Aggarwal (founder & ceo, Droom). Sellers admired 21st Century Droom ecosystem service tools and other marketplace platform offerings. The purpose of the event was to build the world’s largest seller community, recognize star sellers who have done a tremendous job of adopting Droom’s online platform, and help each seller understand more about the Droom platform and its offerings.

It was amazing to see overwhelming participation from our seller community in making this event memorable and successful.

A special thanks to our sponsors for making this event happen.

Seller Summit 2018
Seller Summit 2018
Seller Summit 2018
Seller Summit 2018

Marketplace Announcement

Droom’s Most Awaited Video Ad “Bittuji Ki Beemer” Released!

Droom’s most awaited video ad – Bittuji ki Beemer has been launched. The video is conceptualized to help users understand and take advantage of the 21st century experience that Droom provides through its innovative ecosystem services (Orange Book Value, History, ECO and Droom Credit) and platform offerings.

The video is a true epitome of fun with a nice rap music which is new and one of a kind way of demonstrating online services. The musical video narrates the story of a dreamer - Bittuji, who wants to own a beemer (BMW) and how he is left running from pillar to post in his quest for it and how Droom and its ecosystem services helped Bittuji get the car of his dreams.

Droom Commitment Fee (Token Amount)

Starting from 21st February Droom Commitment Fee (Token Amount) will be 2% of the Selling Price.

HOW COMMITMENT FEE (TOKEN AMOUNT) WORKS?

Transaction Flow

transaction Flow

Benefits to a Seller

Benefits to a Seller
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KNOW YOUR ORDER STATUS

Droom is a self-service platform that offers sellers complete freedom to sell online anywhere, anytime and using any device. When an order is received on Droom it passes through different stages, and in different stages it shows different order statuses. It is easy to understand the order status of an order.

Below is the list of various statuses for an order, which can help you understand in which stage your order is:

# Order Status Description
1 Payment Pending This status means that a buyer has initiated the payment for an order and is currently in the payment mode.
2 Committed An order is said to be committed for big assets when a buyer has paid the token amount.
3 Pending Buyer ID The order is in this status when it is waiting for a buyer to upload his valid ID in the system.
4 Pending Call Verification In this status, an order is in call verification process stage.
5 Sold In this stage the seller has marked a vehicle as sold on which buyer has to give a confirmation.
6 Pending RC Documents This status means the order is waiting for a seller to upload the old and new RC in the system.
7 Delivered Pending Verification Order is in document verification process stage.
8 Completed The order has moved to the final stage from where after the verification it will be eligible for payment.
9 Settled In this stage the payout for an order has been sent to the seller.
10 Incomplete In this status means that the buyer has once initiated the payment but the payment does not get completed.
11 Disputed In case of any discrepancy between a buyer and a seller, the order goes in disputed status.
12 Refunded This means that the amount paid by the buyer has been given back or refunded to buyer in case of order cancellation/dispute.
13 Order Cancelled When a buyer cancels an order, it goes in the order cancelled status. A buyer can cancel the order in first 5 hours of placing the order.
14 Order Placed When a buyer makes a successful payment for a service order, the status is shown as order placed.
15 In Progress This means the seller has given confirmation for an order after it has been placed.
16 Service Delivered A service order shows as service delivered after the seller has marked the service as delivered.
17 Service Delivery Confirmed Either the buyer marks it as delivered or it gets delivered after 24 hours if the buyer has not taken any action.
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