The Work Index by Flexa

Droom

Droom is India's first and only online marketplace for buying and selling new and used automobiles.

https://droom.in/
5.3

/10

Transparency ranking

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Description

Droom is a tech-driven, AI-powered online marketplace revolutionizing the Indian automotive market. It provides a platform for buying and selling new and used vehicles, including cars, bikes, scooters, and even planes. Droom aims to make the automotive buying and selling experience simpler, quicker, and less stressful by bringing transparency, building trust, and mitigating information asymmetry. They offer a wide range of services to support this goal, such as vehicle inspection, certification, financing, insurance, escrow payments, warranty, last-mile delivery, and ownership transfer.

Beyond their consumer-facing marketplace, Droom also offers a range of cloud services to enterprises and SMEs in the automotive sector. These services include pricing as a service, inspection as a service, history as a service, and fleet management as a service. Droom Cloud Services aims to empower businesses with AI-driven, data-backed solutions for managing inventory, optimizing pricing, assessing risk, and improving overall operational efficiency. Droom's focus on technology and data science has made them a leader in the Indian automotive market, and they are continuously innovating to provide more convenient and trustworthy solutions for customers and businesses alike.

Mission

Droom is an AI and data-driven online platform revolutionizing the Indian automotive market by offering a 21st-century experience for buying and selling both new and used automobiles, from bicycles to planes. Droom aims to build trust and transparency through its managed marketplace, proprietary technology, and ecosystem of services, providing customers with trust, selection, low prices, and convenience.

Automation
Data-driven
Disruptor
Environmental impact driven
Science and research driven
Social impact led
Sustainability
Tech for good

Culture

Droom promotes a culture that is customer-centric, passionate, and driven by data. They value high energy, a long-term approach, learning from mistakes, and strong work ethics. They are rebellious and disruptive, emphasizing innovation, meritocracy, and speed to market. The company is casual, fun-loving, collegial, and passionate about technology and automobiles.

DE&I

Droom prioritizes diversity, equity, and inclusion by aiming to become India's most inclusive and equal opportunity employer. They have a strong corporate governance structure with a board composed of 50% independent directors. The company specifically focuses on gender diversity, with women comprising 33% of the independent board and 28% of the total workforce. Droom actively implements targeted programs to support and advance women and ensure inclusion regardless of religion, faith, caste, creed, or sexual orientation.

Gender diverse

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