Today, cars are now more of a necessity than luxury; but to purchase it is still a problem. However, with the advent of technology purchasing the right vehicle has become easier. Gone are the days when the buyer was flooded with questions around dispute title, outstanding bank loan and so on. Whether it is used or new vehicle purchase, these online Auto Tech platforms come as a solution to problems. These platforms have transformed the experience of online buying and selling of used vehicle to the next level. Buyers are now able to find out minute details of the vehicle like its rating and review and then decide whether the seller is genuine or not.
Here are 4 auto tech platforms that can help consumers in their vehicle purchases:
Droom: Droom is the 3rd largest E-commerce company in India in terms of GMV and the largest online auto marketplace for buying and selling new and used automobiles with over 78% market share of the automobile transactions online. Droom is headquartered in Gurugram, India and has over 365 employees. 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. Droom has in-built tech and data science tools to create the entire eco-system around used automobiles, including OBV (pricing engine), Eco (121 points vehicle inspection), History (200 million vehicle history records), Discovery (dozens of pre-buying tools
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