About DreamFolks Services Limited

DreamFolks Services Limited was incorporated in 2008 and operates as a global travel and lifestyle services aggregator. The company offers a broad suite of solutions through its proprietary technology platform, administering benefits for clients that include card issuers, card networks and enterprises, and managing these for their end-customers at scale . Its service portfolio spans Airport & Railway Lounge Access, Meet & Assist Services, Visa Assistance and Transit Hotels, Golf Access & Spa Services, Coffee at Malls and Highway Dining, Excess Baggage & Wrapping, Pay-and-Use options, access to members-only recreational facilities, and airport F&B outlets .

The company describes itself as having evolved “from lounge access pioneer to global travel & lifestyle services platform,” leveraging a proprietary, API-enabled stack to deliver a one-stop solution across premium travel and lifestyle experiences . It operates across India and serves global clients, supported by an overseas subsidiary in Singapore, reflecting an expanding international footprint . DreamFolks remains capital efficient, highlighting a debt-free, liquid balance sheet that allows it to self-fund growth and invest in innovation .

As of the latest year, the company had two subsidiaries, which support its efforts to expand offerings and geographies . Headcount grew to 110 employees as on March 31, 2025, underscoring the scale-up in services, client segments and operational geographies . Key milestones in the year included expanding the service suite, onboarding new enterprise clients and deepening presence beyond metro hubs, while continuing to enhance a proprietary technology platform for real-time benefit administration and analytics .

DreamFolks Services Limited Key Management

• Liberatha Peter Kallat – Chairperson and Managing Director
• Balaji Srinivasan – Executive Director & Chief Technology Officer
• Shekhar Sood – Chief Financial Officer
• Sandeep Sonawane – Chief Business Officer
• Harshit Gupta – Company Secretary and Compliance Officer

DreamFolks Services Limited Latest Updates

• Service expansion and client additions: In FY2024-25, DreamFolks launched six new services and onboarded 30+ new enterprise clients, while expanding its presence across Tier 2 and Tier 3 cities. These moves support a deliberate shift towards high-potential lifestyle services alongside the core lounge proposition .
• Technology modernisation: The company undertook a major transformation of its technology landscape, moving to a modern, cloud-based platform designed for real-time collaboration and scalable growth. Its systems are compliant with PCI DSS Version 4.0, reinforcing a strong focus on safeguarding consumer and transaction data .
• Capital discipline and profitability: Management emphasised a capital-efficient operating model, continuing to balance growth investments with profitability. DreamFolks highlighted sustained earnings strength and a debt-free, liquid balance sheet to support future expansion .
• International traction: Foreign exchange earnings increased sharply during the year, reflecting growing international engagement and scaling of global touchpoints. The company reported a 158.5% increase in foreign exchange earnings in FY2024-25 over the previous year .
• Talent and leadership: The Board appointed Shekhar Sood as Chief Financial Officer with effect from April 30, 2025, and Harshit Gupta as Company Secretary and Compliance Officer with effect from September 06, 2024. These changes formed part of a broader effort to strengthen the leadership bench for the next phase of growth .
• ESOPs and ownership alignment: During the year, 2,43,950 equity shares were allotted under the ESOP 2021 plan to encourage long-term ownership and retain key talent .
•  Post year-end development: The company disclosed that certain programmes run for Axis Bank and ICICI Bank were closed with effect from July 01, 2025; while activation/deactivation of programmes is part of regular operations, the potential impact from these large clients is being evaluated and mitigation measures are underway .