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Axis Securities' IPO Report
DreamFolks Services Ltd. is a dominant player in India and has the country’s largest airport service aggregator platform (80% share in the domestic lounge access market), facilitating an enhanced airport experience for passengers.
The company has an asset integrates card networks, card Issuers and other corporate clients with various airport lounge operators and other airport-related service providers on its unified technology platform.
DreamFolks Services facilitates end consumers (customers of access to the following airport-related services- lounges, food and beverage, spa, meet and assist, airport transfer, transit hotels/nap room access, and baggage transfer, (collectively, the services).
One of the key aspects of its business model is a strong focus on technology to address aspects such as benefits calculation and accounting, providing real-time visibility of transactions to clients and consumers, reducing potential fraud and abuse, as well as providing a platform for clients to run usage and spend campaigns for its users.
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