Info-tech

Now, you can buy or rent a plane or chopper online

Our Bureau Mumbai | Updated on January 23, 2018 Published on August 31, 2015

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Automobile marketplace Droom joins hands with JetSetGo to offer services

Now pop that champagne or propose to your sweetheart hovering over the city in a chopper, or while jet setting across the seas in a private jet.

A joint initiative by automobile marketplace Droom and JetSetGo, a marketplace for private jets, has made it possible to buy or rent aircraft online.

Foraying into the aerial vehicle segment, Droom is offering users a chance to buy or sell aerial vehicles such as private planes and choppers from its online portal.

Mobile app

Additionally, users can also download a mobile app to avail these services.

“We believe India is among the top 10 countries when it comes to demand from the aviation sector, and we believe the country will move up to at least fifth position in renting or owning soon. We intend to be an early mover and tap this growing segment,” Sandeep Aggarwal, Founder and Chief Executive Officer at Droom, told BusinessLine.

The company’s portal for aeroplane buying and renting was launched today and has listed an Embraer Legacy 600 business jet listed at ₹64.5 crore and a Hawker 900XP corporate jet at ₹45.9 crore for sale. The company, which started as an automobile marketplace in January this year, is offering planes with 9-14 seats and choppers with 4-8 seats.

For every aircraft leased or sold, Droom will get a commission, Aggarwal said. Droom, which at present has more than 10,000 automobile sellers and over 6,000 listings, is also looking to venture into water transportation.

“We will introduce jet skis, speedboats and other modes of water transportation by the first quarter of calendar 2016. Additionally, Droom is also foraying into the fun rides,” he added.

In July, Droom, run by Droom Technology, had raised ₹100 crore in fresh funds led by venture capital firm Lightbox.

Published on August 31, 2015
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