Droom is IndiaÍs first and only online marketplace for buying and selling new and used automobiles. At 65%+ of the automobile transactions marketshare 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.
The 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 (200 mil vehicle history records), Discovery (dozens of pre-buying tools) and Credit (IndiaÍs first and only marketplace for used vehicles loans).
Droom is currently doing $387 mil in annualized GMV growing at the rate of 350% Y/Y, 202K+ auto dealers (largest auto dealers platform in India), presence in 500+ cities across India (largest hyper local marketplace), 20.5 Mil+
monthly visitors, nearly 6.6mil+ app downloads and 5.5 Mil+ Facebook community.
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, who previously founded ShopClues at his house in California in Oct 2010, which became 5th Unicorn in India by January 2016. Droom is a Singapore Holding Company with its subsidiary in India and United States. Droom has so far raised close to $65 million dollars in five rounds of funding. Droom is head quartered in Gurgaon, India with a team size of 270+.
Let's stay connected:
Blog: http://blog.droom.in/
Twitter: https://twitter.com/letsdroom
LinkedIn: https://www.linkedin.com/company/droom-in
Visit droom.in or download the Android & iOS apps, and get that 'feeling nayi waali'!
- Company Name:Droom Technology
(View Trends)
-
Headquarters: (View Map)Gurgaon, India
-
Internet
-
50 - 200 employees
- 8815 Global Rank
- 500 India
- 8.1 M Estimated Visits
-
Referrals58.34%
-
Search21.42%
-
Direct16.64%
-
Display2.02%
-
Social1.04%
-
Mail0.54%
-
98.85%
-
0.15%
-
0.13%
-
0.10%
-
0.07%
- India 97.3%
- United States 0.3%
- Pakistan
- Saudi Arabia
- Armenia
- Industrial Engineering
- 10 SDKs
- 2.44 Avg. Rating
- 2 Total reviews
- App Url: https://itunes.apple.com/app/droom-technology/id975174518
- App Support: http://droom.in
- Genre: Business
- Bundle ID: in.droom
- App Size: 216 M
- Version: 1.2.72
- Release Date: March 26th, 2015
- Update Date: June 11th, 2021
Description:
Droom is an AI and data science driven online transactional platform, which offers 21st century experience in buying and selling used and new automobiles in India and other emerging markets. Droom has built an entire eco-system around used automobiles for the digital economy, including Orange Book Value (used vehicle pricing engine), Eco (1,000+ points vehicle inspection), History (history records for used vehicles), Discovery (dozens of pre-buying research tools) and Credit (India’s first and only marketplace for used auto loan and dealer financing). Droom caters to individual buyers and sellers, dealers and large enterprise for not only for buying and selling but also entire life cycle management and all automobile ancillary services.
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.
With 80% market share of the automobile transactions online. Droom is India’s largest automobile platform online and 4th largest E-Commerce company. Besides, India Droom is available in Singapore, Thailand and Malaysia and OBV is available in 38 countries globally, making OBV world’s number one benchmark pricing engine.
The company is currently generating $1.3 Billion in annualized GMV and growing at a rate of 100% Y/Y. Droom has presence in 1000+ cities across India (India’s largest hyper-local marketplace), 350K+ auto dealers (largest auto dealer platform in World), 35 Million+ monthly visitors, nearly 12 Million+ app downloads and 6.5 Million+ Facebook followers.
Droom is a Singapore Holding Company with subsidiaries in India and the United States. The company has so far raised close to $125 Million dollars over six rounds of funding. Some of the prominent investors are Lightbox, Beenext, Beenos, Digital Garage, Toyota Tsusho Corporation, and Integrated Assets Management. .
Leading Categories on the Droom App:
All types of cars such as Sedan, Hatchback, SUVs, MUVs & more from brands & best cars such as Maruti Suzuki, Honda, Hyundai, Ford, Toyota, Mahindra, Nissan, Renault, Tata, Skoda, Volkswagen, etc. are available.
Used Cars: Top selling second hand cars at Droom are Volkwagen Polo, Maruti Suzuki Swift, Hyundai i10, Honda City, Hyundai Verna.
Bikes & Motorcycles:
All types of bikes & motorcycles such as Commuter, Cruiser, naked & more from brands such as Bajaj, KTM, Hero, Honda, TVS, Yamaha, Suzuki, Royal Enfield etc. are available.
Used Bikes & Motorcycles: Top selling used bikes & motorcycles at Droom are Bajaj Pulsar, Yamaha FZ/FZs, Royal Enfield Classic, TVS Apache RTR, Bajaj Avenger.
New Bikes & Motorcycles: Top selling new bikes & motorcycles at Droom are Yamaha FZs v2.0, TVS Apache RTR, KTM Duke, Honda CB Unicorn 160, Yamaha YZF-R15 2.0
We would love to hear your feedback/reviews at app-feedback@droom.in
Sort by
Mick polo
Uhmbf
Terrible
-
Native0.00%
-
Standard100.00%
-
Direct0.00%
They are headquartered at Gurgaon, India, and have advertising & marketing contacts listed on Kochava. Droom Technology works with Advertising technology companies such as DoubleClick.Net, Facebook Custom Audiences, Google Remarketing, AppNexus, Adskom, Criteo, Criteo OneTag, DoubleClick Bid Manager, ContextWeb, Openads/OpenX, Yahoo Small Business, Adstir, Pubmatic, Rubicon Project, AppNexus Segment Pixel, Taboola, IponWeb BidSwitch, RTB House, Google Publisher Tag, Prebid, Geniee, Facebook Exchange FBX, Advertising.com, AdTech Studio, Nend, Teads, Index Exchange, adingo, Ad Tech Japan AOL, ADTECH, MicroAd, LinkedIn Ads, Bizo, Walmart, Infolinks, Yahoo Ad Sync, Media Innovation Group, Rocket Fuel, The Trade Desk, Ads.txt, Outbrain Reseller, AppNexus Reseller, Tremor Video Reseller, AOL Reseller, Fyber Reseller, FreeWheel Reseller, IndexExchange Reseller, SmartAdServer Reseller, ContextWeb Reseller, PubMatic Reseller, RubiconProject Reseller, OpenX Reseller, Sovrn Reseller, AdYouLike Reseller, Google Reseller, Improve Digital Reseller, ORC International Reseller, Teads Reseller, Lijit Reseller, GumGum Reseller, SpotXChange Reseller, RhythmOne Reseller, Google Direct, Switch Reseller, DistrictM Reseller, Google Adsense, Google AdSense Integrator, LKQD Reseller, Beachfront Reseller, RhythmOne Direct, RubiconProject Direct, 33 Across Direct, Affinity Ads, AndBeyond.Media Direct, Streamlyn Media Direct, DemDex, 33 Across Reseller, adtelligent Reseller, Between Digital Reseller, Bidtellect Reseller, Criteo Reseller, Twitter Ads, LoopMe Direct, LoopMe Reseller, Adform Direct, Amazon Direct, DistrictM Direct, FreeWheel Direct, Improve Digital Direct, Lijit Direct, Media.net Direct, OpenX Direct, PubMatic Direct, Revcontent Direct, SmartAdServer Direct, Sovrn Direct, SpotXChange Direct, Xapads Direct, my6sense Reseller, ShareThrough Reseller, Smaato Reseller, Sonobi Reseller, Yahoo Reseller, AdMan Reseller, Amazon Reseller, E-Planning Reseller, DeltaX, Converstand Media Reseller, Mars Media Group Reseller, Media.net Reseller, OneTag Reseller, SmartyAds Reseller, Yieldmo Reseller, Adpushup, Google Adsense Asynchronous, fluct Direct, AdMan Direct, adtelligent Direct, AppNexus Direct, Beachfront Direct, Brightcom Direct, Chocolate Direct, Connectad Direct, Consumable Direct, Converstand Media Direct, Criteo Direct, E-Planning Direct, ORC International Direct, IndexExchange Direct, Infolinks Direct, MGID Direct, Next Millenium Direct, OneTag Direct, Outbrain Direct, Sekindo Direct, Primis Direct, ShareThrough Direct, Sonobi Direct, Teads Direct, The MediaGrid Direct, Triple Lift Direct, vidoomy Direct, Yieldmo Direct, Adform Reseller, Admixer Reseller, Aniview Reseller, Comet Cox Media Reseller, Quantum Native Solutions Reseller, Synacor Reseller, Telaria Reseller, The MediaGrid Reseller, Triple Lift Reseller, Vidazoo Reseller, vidoomy Reseller, Yieldlab Reseller.
Third class app