Droom Celebrates 10 Years of Innovation, unveils AI-powered MyDroom Platform
New Delhi, October 15th, 2024: Droom, India’s leading automobile marketplace, proudly marked its 10-year anniversary by launching MyDroom, 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) and none other than its investor and brand ambassador, global music icon Badshah. The event was also graced by over 150 of India’s most influential tech entrepreneurs, who shared inspiring stories of innovation and success.
Founded in 2014, Droom has continuously pushed the boundaries of the automobile industry, leveraging cutting-edge technology to empower over 2.5 million customers. The company’s journey from a fledgling start-up to a dominant force in the market is a testament to the resilience and vision of Sandeep Aggarwal, Droom’s Founder & CEO, and his unwavering commitment to reshaping how India buys, sells, and manages vehicles.
MyDroom: Shaping the Future of Vehicle Management
At the heart of the celebration was the unveiling of MyDroom, 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—making vehicle ownership smarter and more efficient than ever before.
Celebrating a Decade of Growth and Innovation
Droom’s 10-year journey has been nothing short of extraordinary. Having sold over 580k vehicles worth a staggering $7.3 billion, the company has facilitated more than 4.5 million listings and served a vast network of 23,000 dealers across 1,176 cities. Today, with 16 million Monthly Active Users and 16.2 million app downloads, Droom stands as a beacon of India’s tech-driven revolution.
Addressing the audience and congratulating the entire Droom team on this success, Guest of Honor Mr. Naveen Jindal, Chairman, Jindal Steel & Power Ltd. affirmed “Our country’s 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 cooperate, 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 the right efforts Haryana will be a developed state in next 10 years and Gurugram will be the developed city of the state in next 5 years.
Badshah, Investor & Brand Ambassador, echoes the same excitement, “I’ve been a part of Droom’s journey as an investor and ambassador, and it’s 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’m excited to see how this will transform the way we manage and experience vehicles.”
Sandeep Aggarwal, Founder & CEO of Droom, reflected on the company’s journey, “The 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—one 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 encouraged us to constantly do better work.”
The event concluded with the insightful questions around Entrepreneurship during the 2 Fireside chats, first of Droom Founder and CEO Mr. Sandeep Aggarwal and Droom’s Brand Ambassador and Global music Icon Badshah and second between Droom Founder and CEO Mr. Sandeep Aggarwal and Guest of Honor Mr. Naveen Jindal.