Droom expands its ‘Germ-Shield’ service to facilities including hospitals, schools, day care, offices, residential Complex, elevators and small retail spaces

Further supporting the country’s fight against the COVID-19 pandemic, Droom, India’s largest and pioneering online automobile transactional marketplace, has expanded the purview of its Germ-Shield service to facilities including hospitals, offices, school, day care residential complex, retail spaces, elevators, and ATMs. Earlier used only for deep sanitization of automobiles, Droom is now ramping up its tech-driven service to protect sensitive areas of physical facilities.

Germ-shield, a technology launched under Droom Health, is an antimicrobial surface protection shield. Proven to be effective against SARS and other droplet-based viruses for up to 3 months, it guards surfaces against harmful microbes by inhibiting the growth of microorganisms such as bacteria, algae, yeast, mold, and mildew. The technology polymerizes (bonds) to any surface resulting in a strong, durable, invisible and effective shield with a 99.99% microbial reduction rate.

As part of the initiative, Droom’s Germ-Shield team will primarily conduct a Digital Swab test to check the contamination level of the facility. Based on the germ-risk threat perception, these areas will be divided into red ‘high risk’, orange ‘medium risk’, yellow ‘low risk’ and green ‘no risk’ zones. While the ‘high risk’ and ‘medium risk’ zones will be treated with the Germ-Shield technology, other low-risk areas will also be thoroughly sanitized using other effective cleaning solutions.

Commenting on the initiative, Sandeep Aggarwal, Founder & CEO, Droom said, “At Droom, we are striving to create tech and data driven solutions that can contain the spread of COVID-19 and help the country safely survive this pandemic. In line with this vision, we have expanded the reach of our Germ-Shield technology beyond the Automobile category. It is an effective solution to keep sensitive physical spaces deeply sanitized, clean and disinfected, thus ensuring utmost hygiene and protection against the fast-growing contagion.”

Germ Shield costing would be as follows:

· Schools, hospitals – ranging from INR 8 to INR 15 per square feet area.

· Elevators – INR 799 for small, INR 999 for medium and INR 1499 for large elevators.

· ATM – INR 1499.

Droom has aleady delivered Germ Shield for facility for elevators, residential complexes, pharmacies and health care providers in NCR.
Beyond this Droom is offering Bi-annual and Annual subscriptions also thus enabling users to choose according to their needs. Currently, Germ Shield is available in NCR with the plan to expand into all meteors in near future.

About Droom:
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.