Dreamfolks Services IPO

DreamFolks Services Limited is a dominant player and India's largest airport service aggregator platform (Source: F&S Report).

The company’s asset-light business model integrates global card networks operating in India (Card Networks), credit card and debit card issuers (Card Issuers), and other corporate clients, in India, including airline companies with various airport lounge operators and other airport related service providers on a unified technology platform.

DreamFolks’ facilitates customers of Clients’ (Consumers) access to airport related services such as lounges, food and beverage, spa, meet and assist, airport transfer, transit hotels /nap room access, and baggage transfer.

The company has tied-up with around 57 restaurants and food & beverage outlets at 18 airports across India, as of March 31, 2022. It also offers airport 'pick-up and drop' facilities in 47 cities across India and in 145 cities outside India, as of March 31, 2022.

The company’s dominance is underpinned by facilitating access to 100% of the 54 lounges currently operational in India, and it also enjoys a market share of over 95% of all India issued credit card and debit card access to airport lounges in Fiscal 2022. Additionally, in Fiscal 2022, it also accounted for around 68% of the overall lounge access volume in India. (Source: F&S Report).

As at March 31, 2022, through partnerships with other service providers, the company has a global footprint extending to 1,416 touch-points in 121 countries across the world out of which, 244 touch-points are present in India and 1,172 touch-points overseas.

As at March 31, 2022, through partnerships with other service providers, the company has a global footprint extending to 1,416 touch-points in 121 countries across the world out of which, 244 touch-points are present in India and 1,172 touch-points overseas.