Online auto marketplace Droom launches IoT-enabled ECO Smart Device for cars - Check its benefits and other details

Droom, an online automobile transactional marketplace, has launched an IoT-enabled ECO Smart device that connects with a car’s OBD II port, integrates with the car’s sensors, hardware modules, data transmitters, control units. This IoT-enabled ECO Smart device allows you to track the car's performance, health, and damage factors. This smart device has been launched by Droom after the company achieved the milestone of its automobile health evaluation tool ECO crossing 50,000+ inspections till date since its inception in March 2016. It aims to cross 750K inspections in 2019, a 15x jump. 

ECO is an inspection and verification service providing a thorough 121+ point auto inspection for used vehicles.

Out of the 50,000 inspection queries, 45% were generated from Delhi-NCR, while the rest came from more than 100 cities across India. In terms of category breakup, 56% and 44% inspections were done for four wheelers and two wheelers respectively. With the launch of the ECO Smart Device, this demand is expected to grow much higher, and at a more robust pace. 

The device scans through more than 1000 sensors (checkpoints) to monitor the engine health of any vehicle. 

At present, Droom is successfully running a pilot of this device in Delhi-NCR and has plans to soon expand its operations across the country.

Commenting on the launch of ECO Smart Device, Sandeep Aggarwal, Founder and CEO of Droom, said, “The Internet of Things (IoT) is breaking fresh ground in the automotive sector by introducing entirely new layers to the traditional concept of car servicing. With the ECO Smart Device, we look forward to offering more convenience, transparency and accuracy about the engine health of a car, which is an important factor influencing the customers’ buying decision."