Droom allocates Rs. 1 Crore for CSR to help Real Heroes, Police Station and Hospital to be sanitized with Germ Shield Coating
07th, July 2020 - News
The service will be offered on Pan India basis via Germ Shield Store network
Underlining its commitment towards the wellbeing of Real Heroes of India, Droom allocates Rs. 1 crore in CSR for the sanitization initiative. Droom is extending its Germ-Shield sanitization coating service to sanitize sensitive surfaces in the police stations and hospitals in each city having Germ Shield Store. Droom will provide Germ Shield coating service to a minimum of 1 Police Station and 1 hospital in each city where the company has Germ Shield Store.
Droom currently has a network of 82 Germ Shield Stores in 26 different cities. The Germ Shield store network would be of 250 in 50+ cities by end of July 2020.
Droom has created India's first-ever fully technology and AI-driven antimicrobial coating treatment – Germ Shield for any type of surfaces or material. This is India's most scientific way of protecting any surface from all types of microbes. The material used for coating is approved by EPA of the USA and has been proven effective against most viruses, germs, bacteria, molds, fungus, and algae including all droplet-based viruses. Germ Shield technology is also ISO - 9001-2015 & ISO-14001-2015 certified.
Germ Shield not only kills 99.9% germs but also inhibits regrowth of microbes for 90-120 days. This is because Germ Shield is a coating and not cleaning. Germ Shield creates an invisible coating with spikes that ruptures the cell membrane of any microorganism. This coating is odorless and leaves no spot. It creates an equally effective coating on all surfaces including porous surfaces such as fabric, leather, etc.. With each Germ Shield coating treatment, a rapid test for contamination level is generated using the Relative Light Unit (RLU) swab test, which is conclusive, objective, and unbiased. For every treatment, Droom issues a 90-day validity certificate and issues post-treatment RLU levels. Droom also offers a 100% money-back guarantee for Germ Shield for 90 days.
Sandeep Aggarwal, Founder & CEO, Droom said, "This Pandemic has disrupted life as we know it, and the frontline heroes who work outside the safety of their homes are the most vulnerable in this situation. In this fight against the pandemic, our aim is to protect these individuals through our state-of-the-art services. We will continue to extend all possible help to our heroes until the pandemic comes to a close."
The Germ-Shield technology is quite versatile and can be used not only for vehicles, but also for elevators, ATM, and other facilities such as residential complexes, hospitals, schools, and offices, among others. The treatment can be delivered at Doorstep or fixed location with a national level Germ Shield Store network. The service delivery includes Droom's ECO App, an AI, IoT, and geo-mapping based technology solution with all sorts of reporting, dashboarding, standard operating procedures, propriety coating process, and quality checks.
Droom is an AI and data science-driven 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 a 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 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 a Singapore Holding Company with subsidiaries in India and 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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