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About Droom

Droom is India’s first and only online marketplace for buying and selling new and used automobiles. At over 65% of the automobile transactions market share online, Droom is the largest auto portal in India. Droom is the only fully transactional online platform enabling end-to-end transaction between buyer and seller. Our Full Circle Trust Score, Buyer’s Protection, Orange Book Value, Droom History and Eco Inspection addresses all the buyers' pain points and hassles involved in the stressful process of buying or selling a used vehicle. The platform offers broad catalog of vehicles and deals in all automobile categories - everything from bicycles to planes.

Droom offers widest collection of used vehicles at best prices from verified sellers only. Buyers looking to invest in new cars, bikes and scooters can also trust Droom to find their dream vehicle with pre-approved loan. Droom further eases the buyers’ and sellers’ pain by providing extended support from Droom Assist team. Call 1800-407-070707 to get free assistance in buying or selling any vehicle.

We are always dedicated to our customers and solving all their issues.
Sandeep is the founder of two marketplaces in India and his latest venture is - Droom, India’s first automobile marketplace.
Sandeep having worked in Silicon Valley and Seattle for about 12 years prior to Droom, has rich experience in the global Internet and E-commerce industry.
In April 2014, Sandeep started Droom, an online transactional marketplace for buying and selling of used and new automobiles. Droom is a completely disruptive business which has created an unparalleled trust and pricing advantage for buyers.
Sandeep is one of the masters in MTV Dropout, a reality TV show on entrepreneurship. He has an MBA from Washington University in St. Louis and holds a US patent.
Droom is India’s first and only online marketplace for buying and selling new and used automobiles. At over 65% of the automobile transactions market share online, Droom is the largest auto portal in India. Droom is not only the largest online automobile platform in India but also the 3rd largest E-commerce company in India in terms of GMV. The automobile platform is category, seller, price, condition, and geography agnostic.

Droom platform has 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 also built 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.

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 (20 Cr. vehicle history records), Discovery (dozens of pre-buying tools) and Credit (India’s first and only marketplace for used vehicles loans).

Droom has the best unit economics as compared to any other E-commerce platform in India. The company spends less than 5% of GMV to run marketing and the entire cost of the company is less than 4% of GMV in terms of the net burn. Droom is the only E-commerce platform which has successfully built the cost advantage and sophistication of the tech platforms with the strong data science layer, nobody else has been able to do it in India.

Droom is founded by Sandeep Aggarwal, it is a Singapore Holding Company with its subsidiary in India and United States. Droom has so far raised close to $65 million dollars in four rounds of funding. Droom is head quartered in Gurgaon, India with a team size of 270+.
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