DreamFolks Achieves Notable Growth and Expands Services Globally

DreamFolks’ Revenue Growth and Client Base Expansion

In a significant move for DreamFolks Services Limited, a large aggregator in the travel and lifestyle sector, a year-on-year revenue growth of 8.8% for the first quarter of FY26 has been reported, amounting to ₹3,489 million. This growth underscores the company’s commitment to enhancing its services and reaching a broader customer base.

Over the past year, the company has successfully onboarded an impressive 40 new enterprise clients, spanning various sectors including travel, lifestyle, and technology. Collaborations with banking partners have led to the co-development of several programs aimed at providing enhanced lifestyle benefits tied to card usage. These initiatives not only benefit the banks and their customers but also promote increased engagement within the travel sector.

Expansive Global Network

As part of its strategic expansion, DreamFolks has bolstered its global network, now boasting over 850 international lounge touchpoints. Additionally, more than 3,000 access points cater to non-lounge services such as golf, airport transfers, meet-and-assist, social club access, and even coffee outlets in malls. This extensive network facilitates a seamless travel experience for customers, providing them options that cater to their varied lifestyle needs.

Financial Performance Highlights

DreamFolks reported a 24% increase in gross profit, showcasing a robust business model while the profit after tax stands at ₹213 million, offering a profit margin of 6.1%. Such financial gains reflect the company’s operational efficiency and strategic partnerships.

Technological Advancements in Customer Experience

On the technological front, DreamFolks is enhancing its platform to be both flexible and customer-centric. The aim is to incorporate a lean tech stack that will allow for personalized service packages along with real-time integration of both traditional and new offerings. Chairperson and Managing Director, Liberatha Kallat, attests that the results thus far are a testament to focused execution and strategic expansion, with aspirations to continue diversifying non-lounge services and solidifying enterprise partnerships.

Strategic Commitment to Growth

DreamFolks maintains a commanding presence in managing lounge benefits and related services for the majority of India’s major banks, card networks, and enterprises. The company has achieved 100% coverage across airport and railway lounges within India, holding an impressive domestic market share of over 90% for India-issued debit and credit lounge access programs.

Looking ahead, the company is committed to scaling its services not just regionally but also deepening its geographic presence across global markets. This proactive approach is not just a step towards financial success; it promises enhanced conveniences for travelers seeking reliable and multifaceted services.

Implications for the Travel and Transport Sectors

The strategies adopted by DreamFolks to expand their services and enhance customer experience resonate deeply within the taxi and transport sectors. As travel preferences evolve, the availability of tailored transfer services becomes vital. Users can look forward to not just expansive routes but also options that suit their personal needs. This evolution invites platforms like LocalsRide.com to shine, offering a user-friendly interface where travelers can book personalized transfers including the choice of vehicles.

Conclusion

In summary, DreamFolks’ recent financial results and service expansions illustrate the company’s solid commitment to growth and market presence. By enhancing its service offerings and leveraging technology, it sets a precedent for service providers in the travel market. As consumers demand more from their travel experiences, platforms such as LocalsRide.com stand ready to provide tailored transfer solutions that prioritize convenience and transparency. On this platform, travelers can effortlessly hire a car with an expert driver from verified providers at reasonable prices, enabling them to make informed decisions without overspending or facing unfulfilled expectations. Start planning your next adventure and secure your worldwide transfer with LocalsRide.com.