DreamFolks
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| Company type | Public |
|---|---|
| ISIN | INE0JS101016 |
| Industry | Financial services |
| Founded | 2013 |
| Headquarters | Delhi, India |
Key people | Liberatha Peter Kallat |
| Services | Aerospace & Defense |
| Website | www.dreamfolks.in |
DreamFolks Services Limited is an Indian airport service aggregator company established in 2013 and headquartered in Delhi. It is founded by Liberatha Peter Kallat and provides consumers to access airport-related services via technology driven platform.
In July 2021, DreamFolks has 90% market share in the India and it is present in 140 countries worldwide.[1]
History
The company started its operations in 2013 by facilitating lounge access services for the Consumers of Mastercard.[2]
In the year ended FY22, the company has a Indian market share of 95% of all the Indian issued credit and debit card access to airport lounges.[3]
In second quarter of FY23, company recorded a profit of ₹14.78 crore (equivalent to ₹16 crore or US$1.9 million in 2023). The revenue from operations grew to ₹171.24 crore (equivalent to ₹181 crore or US$22 million in 2023) as compared to the last year.[4]
References
- ^ "DreamFolks: New-Age Experience Airport Hospitality Services" (PDF). Forbes India. July 2021. Retrieved 19 Nov 2022.
- ^ Livemint (2022-08-18). "DreamFolks Services IPO to open on 24 Aug, public offer entirely OFS". mint. Retrieved 2022-11-19.
- ^ Matkar, Sunil (27 Oct 2022). "DreamFolks shares soar as record travellers queue up at busy airports for lounge access". Moneycontrol. Retrieved 2022-11-19.
- ^ Matkar, Sunil (5 Nov 2022). "DreamFolks Services profit jumps 745% on healthy growth in airport footfalls". Moneycontrol. Retrieved 2022-11-19.