Founded in April 2014 by serial entrepreneur Sandeep Aggarwal, Droom is the only online transactional marketplace for automobiles in India. Mobile-first and straight-to-social, it takes a disruptive approach to building trust and pricing efficiency in the car industry. It has offices in Gurgaon and Silicon Valley.
The first and the only algorithmic benchmark pricing engine to measure the fair market value for any used automobile in India
Droom has clocked a GMV of Rs 104 crore in a short span of 19 months. They have registered over Rs 1,200 crore in annualised GMV, with plans to achieve Rs 3,000 crore by March 2017. The achievement has come despite low marketing spends at 3.75 per cent of the entire GMV.
Droom has announced its partnership with CashCare, an innovative consumer lending platform to make buying process completely hassle-free for customers.To ease out the financial burden, they offer pre-approved loans to eligible buyers.
Dreaming of Droom