{"id":37661,"date":"2024-10-18T17:18:09","date_gmt":"2024-10-18T11:48:09","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2024\/10\/18\/droom-celebrates-10-years-of-innovation-unveils-ai-powered-mydroom-platform\/"},"modified":"2024-10-18T17:18:09","modified_gmt":"2024-10-18T11:48:09","slug":"droom-celebrates-10-years-of-innovation-unveils-ai-powered-mydroom-platform","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2024\/10\/18\/droom-celebrates-10-years-of-innovation-unveils-ai-powered-mydroom-platform\/","title":{"rendered":"Droom Celebrates 10 Years of Innovation unveils AI-powered MyDroom Platform"},"content":{"rendered":"
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New Delhi [India] October 18:<\/strong> <\/span>\u00a0Droom<\/strong>, India\u2019s leading automobile marketplace, proudly marked its\u00a010-year anniversary<\/strong>\u00a0by launching\u00a0MyDroom<\/strong>, an AI-powered platform promising to transform the future of vehicle ownership. This milestone was celebrated with grandeur, featuring Guest of Honor Mr. Naveen Jindal (Chairman, Jindal Steel and Power Ltd. , Philanthropist, Sportsperson and the 3 time Member of Parliament)\u00a0 and none other than its investor and brand ambassador, global music icon Badshah. The event was also graced by over 150 of India\u2019s most influential tech entrepreneurs, who shared inspiring stories of innovation and success.<\/p>\n

Founded in 2014, Droom has continuously pushed the boundaries of the automobile industry, leveraging cutting-edge technology to empower over\u00a02.5 million customers<\/strong>. The company\u2019s journey from a fledgling start-up to a dominant force in the market is a testament to the resilience and vision of\u00a0Sandeep Aggarwal<\/strong>,\u00a0Droom\u2019s Founder & CEO<\/strong>, and his unwavering commitment to reshaping how India buys, sells, and manages vehicles.<\/p>\n

MyDroom: Shaping the Future of Vehicle Management<\/strong><\/p>\n

\u00a0<\/strong>At the heart of the celebration was the unveiling of\u00a0MyDroom<\/strong>, a revolutionary AI-powered platform designed to offer a seamless, personalized vehicle management experience. From predictive maintenance and real-time tracking to personalized recommendations, MyDroom is a game-changer for vehicle owners. It not only helps users stay ahead of maintenance schedules but also integrates various services like repairs, roadside assistance, and even car washes into a single platform\u2014making vehicle ownership smarter and more efficient than ever before.<\/p>\n

Celebrating a Decade of Growth and Innovation<\/strong><\/p>\n

Droom\u2019s 10-year journey has been nothing short of extraordinary. Having sold over\u00a0580k\u00a0 vehicles<\/strong>\u00a0worth a staggering\u00a0$7.3 billion<\/strong>, the company has facilitated more than\u00a04.5 million listings<\/strong>\u00a0and served a vast network of\u00a023,000 dealers<\/strong>\u00a0across\u00a01,176 cities<\/strong>. Today, with\u00a016 million Monthly Active Users<\/strong>\u00a0and\u00a016.2 million app downloads<\/strong>, Droom stands as a beacon of India\u2019s tech-driven revolution.<\/p>\n

Addressing the audience and congratulating entire Droom team on this success Guest of Honor\u00a0Mr. Naveen Jindal, Chairman, Jindal Steel & Power Ltd.<\/strong>\u00a0affirmed \u201cOur country\u2019s growing pool of educated and skilled men and women driving the social and economic change. The majority of our population comprises youth who are aspiring for opportunities. And for us to provide these opportunities, we need to grow and for growth, we need to co-operate, collaborate and co-exist with our neighbours. He praised every Entrepreneur for their hard work and contribution to make India what it is. In continuation he said with right efforts Haryana will be developed state in next 10 years and Gurugram will be the developed city of the state in next 5 years.<\/p>\n

Badshah, Investor & Brand Ambassador<\/strong>, echoes the same excitement, \u201cI\u2019ve been a part of Droom\u2019s journey as an investor and ambassador, and it\u2019s been inspiring to see how they continue to innovate and push boundaries. MyDroom is a groundbreaking platform that perfectly aligns with my passion for technology and forward-thinking solutions. I\u2019m excited to see how this will transform the way we manage and experience vehicles.<\/em>\u201d<\/p>\n

Sandeep Aggarwal, Founder & CEO of Droom<\/strong>, reflected on the company\u2019s journey, \u201cThe past decade has been an extraordinary journey of innovation, disruption, and growth. We are deeply grateful to our team, customers, and partners for their trust and support. MyDroom marks the next chapter in our story\u2014one that places vehicle owners at the forefront and harnesses AI to deliver a truly personalized, seamless experience. We are excited to lead the industry into the next decade and beyond. We are very grateful that Mr. Naveen Jindal and Baadshah took out time from their super busy schedule and joined the celebrations that encourages us to constantly do better work.\u201d<\/p>\n

The event concluded with the insightful questions around Entrepreneurship during the 2 Fire Side chats, first of Droom Founder and CEO Mr. Sandeep Aggarwal and Droom\u2019s Brand Ambassador and Global music Icon Badshah and second between Droom Founder and CEO Mr. Sandeep Aggarwal and Guest of Honor Mr. Naveen Jindal.<\/p>\n

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About Droom<\/u><\/strong><\/p>\n

Droom is an AI and data science-driven online platform revolutionizing the Indian automotive market through its suite of AI-driven marketplaces, products, and services. Droom has helped 1.5 million customers buy, sell, finance, and insure vehicles via Droom marketplace.<\/p>\n

For buyers, Droom offers 21st century and finest experience in buying and selling of used and new automobiles with trust, selection, low price, and convenience second to none. Every vehicle sold at Droom goes through a proprietary and technology-driven rigorous 1,100-point inspection and certification for its condition, pricing, and history.\u00a0 Droom offers India\u2019s largest selection of automobiles with over 250k vehicles online in 1,176 cities \u2014 both used & new, cars & 2-wheelers, and other vehicles too.\u00a0 Because Droom invests in technology and AI vs. physical dealerships and heavy operations, the automobiles sold at Droom are cheaper than other options available to consumers.<\/p>\n

In order to build trust and convenience, Droom has built an entire ecosystem of technology-driven products around used automobiles online, including Orange Book Value (algorithmic used vehicle pricing engine | 725 Mn+ Queries), ECO (tech, AI and IoT driven 1,100+ points vehicle inspection), History (India\u2019s largest repository for used vehicle historical records | Database of 250 Mn+ vehicles | up to 50 vehicle historical records), Droom Fintech (Loan & Insurance), and Velocity (last mile fulfillment and delivery services). Large enterprises like HDFC, IDFC, Yamaha, TVS, Toyota, and many more harness Droom\u2019s tech stack as cloud services to grow market share across the rapidly growing Indian economy.<\/p>\n

Droom was founded by Sandeep Aggarwal, who is the only tech founder in India to have founded two unicorns back-to-back in the last 10 years backed by an all-star team.\u00a0 Droom is among the most trusted consumer Internet brands in India often recognized for its innovative approach and technology and is backed by marquee global investors including Lightbox, Digital Garage, Toyota Group, Beenext, Beenos, 57 Stars, Lightbox, and many multibillion-dollar family offices in SE Asia and Hong Kong.<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New Delhi [India] October 18: \u00a0Droom, India\u2019s leading automobile marketplace, proudly marked its\u00a010-year anniversary\u00a0by launching\u00a0MyDroom, an AI-powered platform promising to transform the future of vehicle ownership. This milestone was celebrated … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":37662,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[682],"class_list":["post-37661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-lifestyle","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/37661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=37661"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/37661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/37662"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=37661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=37661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=37661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}