A national repository for used vehicles

In a move that underlines its pioneering status in the country’s automobile industry, Droom has announced the launch of ‘Droom History’ - an unbiased report which curates historical data available through authorised data providers to deliver in-depth information about a vehicle’s background.

Speaking on the launch, Sandeep Aggarwal, Founder & CEO, Droom, said, “Unlike USA and Western Europe, India is a low trust market, especially for used automobiles.

Many aspects of a pre-owned vehicle, such as ownership history, title dispute, and vehicle-related issues, are non-reliable. This is largely due to the unavailability of verified information about a pre-owned vehicle.”

Droom History currently has information about more than 19 crore private and commercial vehicles, with real-time information of nearly six million vehicles from the Delhi-NCR region alone.

Somendra S Rathore, Senior Director, Product and Technology, Droom, added, “The used vehicle market in India often faces issues such as low transparency and a distinct lack of trust between buyers and sellers.

With Droom History, we aim to plug this information gap by making a standardised, central repository for used vehicle history.”