STARTUP LEGAL11 Sept 2026
DreamFolks is moving beyond airport lounges. Can it regain lost ground? | Company Business News
DreamFolks has exited its domestic airport lounge business and is rebuilding around travel and lifestyle perks for premium credit-card customers: five-star meals, spas, golf and railway lounges. Revenue nearly halved to ₹660.56 crore in FY26 and profit fell 82.3%. It hopes to match pre-exit revenue by 2030. If you hold a premium card, check which benefits your bank still offers.
Key Statutory Highlights
- DreamFolks lost its domestic airport lounge business after major lounge operators removed their lounges from its platform in 2025.
- Revenue from operations nearly halved to ₹660.56 crore in FY26 from ₹1,291.88 crore in FY25, and net profit fell 82.3% to ₹11.56 crore.
- The company now offers benefits such as five-star meals, spa facilities, airport transfers through Uber, golf and railway lounges, and expects to return to pre-lounge-exit revenue by 2030.
Actionable Advice for Taxpayers / Founders:If you hold a premium credit or debit card, check your bank's latest benefit list before your next trip, since lounge access and other perks may have changed.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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