Dreamfolks Services Ltd will invest ₹360 million to acquire a 60.24% stake in ETT Solutions. The move strengthens its technology-driven travel services portfolio, expanding beyond airport lounge aggregation. With majority control, Dreamfolks aims to enhance passenger convenience and diversify revenue streams, reinforcing its leadership in India’s travel-tech ecosystem.
Dreamfolks Services Ltd, India’s largest airport service aggregator, has announced a major investment move, committing ₹360 million to acquire a 60.24% controlling stake in ETT Solutions. This strategic acquisition underscores Dreamfolks’ ambition to diversify beyond its core airport lounge aggregation business and strengthen its technology-driven service portfolio.
Key highlights of the announcement:
The investment positions Dreamfolks as the majority stakeholder in ETT Solutions, enhancing its ability to integrate advanced digital solutions into passenger experience services.
Dreamfolks, already a market leader in airport lounge aggregation, aims to leverage ETT’s expertise to expand offerings such as digital access management, customer engagement platforms, and seamless travel solutions.
The deal reflects Dreamfolks’ broader vision to consolidate its leadership in travel-tech services, ensuring passengers benefit from enhanced convenience across airports and allied travel touchpoints.
Industry analysts view this acquisition as a strategic step toward long-term growth, enabling Dreamfolks to tap into new revenue streams while reinforcing its dominance in India’s airport services ecosystem.
This investment highlights the company’s commitment to innovation and expansion, aligning with its mission to deliver world-class travel experiences.
Sources: Reuters, Screener.in, Dreamfolks Investor Presentation