Droom hosts its 5th annual e-Commerce Day; Mentored students, budding entrepreneurs, and all e-commerce enthusiasts
07th, July 2020 - News
- The brand hosted its annual event online to transcend the geographical constraints of the lockdown
- The event took place over Zoom with Livestreaming at Facebook and was attended by 50K+ students, budding entrepreneurs and Working Professionals
- Sandeep Aggarwal, Founder, and CEO, Droom and leadership team at Droom mentored the attendees for building and a nourishing career in e-commerce and start-up world
To give students and aspiring entrepreneurs a rich insight into what goes behind building a successful e-commerce business Droom, India's largest and pioneering online automobile transactional marketplace, recently hosted the 5th edition of its annual event e-Commerce Day. The event marked the first occasion where it took place completely virtually on account of the unprecedented pandemic situation. It witnessed active participation from Students of B-schools and tech institutes, budding entrepreneurs, and Working professional who want to flourish their career in the Digital ecosystem and hungry to learn. More than 500 participants joined via Zoom Webinar and 50K people joined through Facebook Live Streaming.
The attendees of the event got an exclusive opportunity to interact with serial entrepreneur and most celebrated tech entrepreneur in India Sandeep Aggarwal, the mastermind behind bringing the e-commerce marketplace concept in India.
Attendees got a chance to understand the valuable insights on department importance and functions from the Leadership team at Droom. They also got a pep talk from Droomers wherein campus placed students shared their journey highlights and learning at Droom.
About the success of event Sandeep Aggarwal - Founder & CEO, Droom affirmed "At Droom, the agenda of the e-Commerce Day has always been to facilitate the future entrepreneurial generation with valuable insight into the industry by sharing our experiences throughout this journey, be it the successes, the mistakes, and what we learned from each. The younger generation has the potential to bring about a revolution with their groundbreaking ideas, capabilities, and the confidence to take risks and rise above those. Through activities and events like this, Droom envisions to fuel the fire within them and help them on their own path to glory."
The e-commerce industry is rapidly gaining momentum across India, directly affecting, or having a favorable cascading effect on other industries and domains. Because of its significant impact, the industry is going mainstream as a career option and is likely to generate high yielding employment opportunities while continuing its upward growth trajectory. With its e-Commerce Day, Droom has opened new dimensions for students and aspiring entrepreneurs to deliberate upon. Moreover, by giving them an inside scoop into one of India's most successful start-ups, Droom offered them a first-hand real-world picture of what it takes to build and sustain a successful e-commerce venture.
To get the videos of the session of Droom e-Commerce Day, please visit:
Website - https://droom.in/ecommerce-day
Droom is an AI and data sciences-driven the online transactional platform, which offers 21st-century experience in buying and selling of 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 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.
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 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 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 headquarters 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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