India's only online platform for purchasing and selling new and used cars, Droom, is attempting to become the best online marketplace they can be. Over 65% of car purchases are conducted online, and as India's largest online marketplace the company is allowing end-to-end transactions for buyers and sellers.
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 a broad catalog of vehicles and deals in all automobilecategories – everything from bicycles to planes.
In an interaction with Pitch team, Sandeep Aggarwal, Founder, Droom shared his insights on the current online automobile marketplace.
How did the idea of bringing automobile industry and technology together strike in your mind?
Droom is my second venture, I was a bit more methodical in choosing what I wanted to do after ShopClues. I came up with 52 ideas while being in Silicon Valley, each one of them I thought would make a billion- dollar company in India. After comparing and filtering them, I was left with just two ideas and eventually, Droom made it to the final decision.
At Droom, our objective is to address each and every possible pain point in buying and selling a used automobile in India. We are a digital marketplace for automobiles which is leveraging a tech-driven approach to address buyer/seller pain points and to enable end-to-end transactions through its platform. We offer a comprehensive portfolio for new and used vehicles. We have successfully leveraged technology to conceptualize and roll out our ecosystem tools that can offer a better buying experience to our customers.
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