Droom, the India-based online retail platform for used cars, recently announced they are starting up an Internet of Things Eco Lab. This new lab will help the company develop new technologies for inspection services while buying used vehicles.
This Eco Lab will also provide other services in large fleet management.
Speaking on the launch, Rupendra Singh, Vice President of Certification Services at Droom said,
“After setting up the AI lab to evolve orange book value (OBV) and build newer state-of-the-art tools, we wanted to leverage the technologies to innovate our Eco Inspection tool further. Our aim is to keep our customers free from the stress of dealing with strangers when buying used vehicles.”
In an official statement, the company said,
“At the Eco Lab, we are constantly evolving and bringing forth newer innovations in Eco Inspection using AI technology, and On-board diagnostics (OBD) devices for an extensive car check-up. We ensure that only the best of professionals go on to provide the services.”
Founded in April 2014, the Gurugram-based company promised that buyers will not only get vehicles at a low-price but also receive an all-inclusive report of it. So far, Droom has inspected over 90,000 vehicles across 800 cities and targets to achieve 7, 50,000 inspections by the end of 2019.
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