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The annual sales to witness two-wheelers selling at 999 and Cars at 9,999!

4 Week Sale is live from 26th Octo to 20th Nov 2020 with amazing offers

Sanitisation coating service Germ Shield for Automobile

New Delhi, NFAPost: To kick-off the festive shopping season,Droom, India’s largest and pioneering online automobile transactional marketplace, today announced its annual ‘Droom Diwali Dhamaka’ sale. The sale, going live from October 26th to November 20th is even bigger and better this year.

Being a customer-centric brand, Droom aims to further incentivize its user-base with highly affordable pricing, a seamless buying experience, and no compromise on their top-notch after-sales services through their massive sale. With exciting offers across categories, Droom’s Festival Mela promises to have something for everyone! 

While in 2019 the ‘Droom Diwali Auto Mela’ sale ran for 8 weeks with a budget of INR 50 crores, this year, the company comes back with one that is grander in terms of offers and some jaw-dropping deals. – for 4 weeks and with a higher budget.

Automobile loan

Additionally, it is building on last year’s offers of pre-owned and new vehicles, Road Side Assistance, helmets, car sippers and car perfume to now include attractive offers on two-wheelers, four-wheelers, Pre-owned premium cars, Germ Shield, loans, insurance, certification, and car care, amongst others as well.  This Festive season Droom giving great offers on its new service for sanitization Germ Shield which is an Antimicrobial coating for Vehicles and Facilities effective for 3 months.

Droom Diwali Dhamaka got some of the hard-to-resist offers across categories such as:

·         One Pre-Owned bike/scooter every week @ INR 999

·         One Pre-Owned Car @ INR 9,999

·         Buy Any Pre-Owned Scooter @ INR 19,999

·         Buy Any Pre-Owned Bike @ INR 29,999,

·         Buy Any Pre-Owned Car @ INR 299,999

·         Up to 50K on Pre-owned vehicle and buyer surety of up to 50 Lakh

·         Free RSA and Germ Shield with every vehicle purchase

·         New Vehicle Deals – Up to 20K Cashback, Exchange Bonus, Corporate Discount, Free Accessories, etc.

·         Germ Shield Service for Automobile Starting @INR 99

·         Germ Shield Service for Home Starting @ INR 499

·         Car Servicing starts@ INR 2499

·         Auction Happy Hour Sale for 2 Days

·         Insurance – Up to 15% cashback of the premium

·         RSA – Flat @99 for 2W and @199 for 4W

·         Accessories – Starting at Rs. 9 – Helmets, Car Perfumes, and Sipper

·         Comprehensive Vehicle History Report of Any Vehicle Starting @ INR 9

·         Orange Book Value Premium Pricing Report of Any Vehicle Starting @ INR 9

Moreover, customers who opt for EMI will get to avail of the exclusive offer of ‘No EMI for the first 3 months’. Further, a processing fee will be paid back in Droom Miles to customers who take a loan or insurance, i.e. the Droom Miles will be credited to their account during the buying season.

Speaking on the impact and scope of one of the biggest online automobile sales in India, Droom President & Head, Marketplace Krishna Veer Singh said with the festive season underway, Droom want customers to enjoy this time of celebration without having to worry about burning holes in their pockets.

Exciting offers

“Over the last few years, we have observed that the exciting offers we roll out during this time usually propel our business performance, with Q4 GMV sales at 410 Cr in 2016, 883 Cr in 2017, 1741 Cr 2018, and 1883 Cr in 2019. We have typically witnessed 25-30% growth during the festive season as compared to other times,” said Droom President & Head, Marketplace Krishna Veer Singh.

Droom President & Head, Marketplace Krishna Veer Singh said therefore with the array of attractive deals that have allocated a larger budget for this year, Dromm is confident about 40-60% growth even in volatile market conditions.

“As Sanitization has become an essential part of human life and we are convinced that our antimicrobial coating service Germ Shield which protects us from contaminated surfaces for 90 days for Automobile and Facilities will get a good response from customers,” said Droom President & Head, Marketplace Krishna Veer Singh.

By rolling out amazing deals and offers like these, Droom is successfully strengthening its position as the most-preferred online automobile marketplace across India. To know more about and to grab amazing deals of the Festival Mela 2020, please visit: https://droom.in/diwali-dhamaka 

Transactional platform

Droom is an AI and data science-driven online transactional platform, which offers 21st-century experience in buying and selling of pre-owned and new automobiles in India and other emerging markets.  

Droom has built an entire eco-system around pre-owned automobiles for the digital economy, including Orange Book Value (pre-owned vehicle pricing engine), Eco (1,000+ points vehicle inspection), History (history records for pre-owned vehicles), Discovery (dozens of pre-buying research tools) and Credit (India’s first and only marketplace for a  pre-owned auto loan and dealer financing).  

Droom not only caters to individual buyers and sellers, dealers, and large enterprises for buying and selling but also manages the entire life cycle 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.

Hyper-local market

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. While OBV is available in 38 countries globally, making OBV the world’s number one benchmark pricing engine.

Droom has a presence in 1031+ cities across India (India’s largest hyper-local marketplace), 350K+ auto dealers (largest auto dealer platform in World), 45 Million+ monthly visitors, nearly 12 Million+ app downloads, and 6.5 Million+ Facebook followers.

Droom is headquartered in India with subsidiaries in the United States. The company has so far raised close to $125 Million over six rounds of funding. Some of the prominent investors are Lightbox, Beenext, Beenos, Digital Garage, Toyota Tsusho Corporation, and Integrated Assets Management.

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