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Droom to infuse Rs 50 cr to set up artificial intelligence lab

Thursday, 06 Jun 2019
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Droom, an online automobile marketplace, will make an investment to the tune of Rs 50 crore to set up an artificial intelligence (AI) lab.

The company will leverage emerging technologies such as AI, machine learning and big data to improve solutions it provides on its marketplace.

The lab will look into areas, including improving the recommended engine system for better references and alerting customers when the car needs maintenance.

The company is also working at improving intelligent image processing system which will give all the information needed on the car, such as the make and model, and likely price one should get or pay for it.

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