Dreamfolks Services has received approval to acquire 60.24% of stake (in aggregate) in the ETT Solutions DMCC (ETT). The cost of the acquisition is around Rs 36 crore ($4 million), through a combination of secondary purchase of shares and primary subscription to freshly issued shares. Upon the completion of said acquisition, ETT shall become a foreign subsidiary of the company. The objective of acquisition is Geographical expansion, Client diversification and technological integration.
The board of directors of the company in its meeting held on December 01, 2025, inter alia, has considered and approved the same.
DreamFolks Services is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging its proprietary technology solutions.
