Droom launches Electric Wheelchairs Category and Operates into 65 categories now

The domain leader has collaborated with Ostrich Mobility to empower the elderly and the differently abled with effective mobility solutions

Gurugram, August 20, 2019: In a bid to enable freedom of transportation and access to mobility, Droom, India’s largest and pioneering online automobile transactional marketplace, has lunched electric wheel chair category on its platform. Along with the electric wheelchair, Droom is also launching products like mobility scooter and manual wheelchair on its platform.

Being the largest online auto marketplace in India, Droom has been offering a wide range of automobile categories from bicycles to planes on its platform. The first company in its domain to introduce such a category especially for senior citizens and the differently abled, this initiative underlines Droom’s vision of providing mobility solutions for all. Manufactured leveraging state-of-art technologies, these electric wheelchairs are more navigable, durable, and cost-effective when compared to other powered wheelchairs available in the market. Moreover, it is the world’s first wheelchair with ‘Split Frame Technology’, thereby assuring good drive control capabilities and better maneuverability even on rough terrains. By introducing world’s most cost-effective all-terrain wheelchair frame technology on its platform, Droom envisions to maximize safety, comfort, and independence for the elderly and the differently abled.

Sharing an insight on this launch Sandeep Aggarwal, Founder & CEO, Droom remarked, “We have built a 21st century mobility platform online with entire ecosystem for the digital economy.  We are not limited to cars but a marketplace for anything which has wheel and/or motor and human being use it for transportation. We are super excited to launch this category. Introducing electric wheelchair on our platform is our effort towards going beyond making profits to assert a greater impact on the society for its holistic benefit. While many efforts have been made towards providing better physical infrastructure for the seniors and the differently abled, the automobile domain has not quite shown a proactive stance towards the same. Being a pioneer in the online Indian automobile industry, we aim at including these highly innovative mobility solutions in the domain while providing greater independence, comfort, and safety for them.”

At present, the category of electric wheelchairs will be live on Droom’s platform in 19 cities across India including Delhi, Gurugram, Jaipur, Mumbai, Navi Mumbai, Pune, Bengaluru, Kochi, Chennai, Hyderabad, Lucknow, Coimbatore, and Ahmedabad, to name a few. The price of these powered mobility solutions will range from INR 70k to INR 3.5 lakhs. With this introduction, Droom is optimistic about the benefits of this initiative for its senior and differently abled customers and strives to continue extending its relentless support towards them.

About Droom: Droom is the 3rd largest E-commerce company in India in terms of GMV and the largest online auto marketplace for buying and selling new and used automobiles with over 80% market share of the automobile transactions online.

Droom is headquartered in Gurugram, India, with a team size of 480+. 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.

Droom has in-built tech and data science tools to create the entire eco-system around used automobiles, including OBV (pricing engine), Eco (1,000+ points vehicle inspection), History (200 million vehicle history records), Discovery (dozens of pre-buying tools) and Credit (India’s first and only marketplace for used vehicles’ loans). The company is currently generating $1.2 Billion in annualized GMV and growing at a rate of 150% Y/Y. Droom has a presence in 830+ cities across India (India’s largest hyper-local marketplace), 300K+ auto dealers (largest auto dealer platform in World), 55 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 dollars over six rounds of funding. Some of the prominent investors are Lightbox, Beenext, Beenos, Digital Garage, Toyota Tsusho Corporation, Integrated Assets Management and Family office of Japanese based investor Joe Hirao, Founder ZIGExN. 

About Ostrich Mobility: OSTRICH MOBILITY was born in 2007 out of passion for innovations in mechanized mobility. Today, OSTRICH is known for its innovative Mobility Solutions in India and abroad. Infact, so obsessed and stringent we are about true innovation that, out of every ten ideas that emerge in our research labs, on an average only one makes it. Over the years, OSTRICH has redefined the concept of mobility, customization, safety and independence to a whole new level. The market leader in India in powered/electric wheel chairs, OSTRICH is perhaps the only company in the country, which indigenously develops wheelchairs/Mobility scooters specially suited for Indian road conditions.