Dreamfolks Services Ltd Share Price – NSE  /  BSE

Miscellaneous, Small Cap

DreamFolks announced a strategic partnership with RedBeryl, a pioneer in luxury lifestyle and personalized services, to provide luxury experiences to its customers. This collaboration marks a significant milestone in redefining the luxury experience for customers across the globe. This strategic alliance aims to enable DreamFolks¡¯ clients  ©\  including banks, card networks, and enterprises ¨C the opportunity to enhance their customer value proposition.

Through this partnership, customers can enjoy access to 3000+ exclusive members©\only club across 150+ countries and front row seating at prestigious international sporting events like Olympics, Wimbledon, Champions League, and World Cups.

Additionally, this partnership offers luxurious stays at over 15,000 premium hotels worldwide, exquisite dining experiences at acclaimed international venues & Michelin star restaurants, elite mobility optionsincluding private jets and yacht.

Furthermore, the collaboration provides customized health and wellness solutions with renowned fitness chains and experts. These services will be offered through co©randed card. These cards represent not only a symbol of prestige but also a gateway to a world of unmatched luxury and exclusivity.

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DreamFolks announced its latest venture in enhancing customer well-being through a strategic partnership with Healthians, India's leading health test at home service.

The partnership between DreamFolks and Healthians aims to enhance access to premium healthcare services for customers across India.

With this strategic collaboration, DreamFolks aims to transcend traditional boundaries by offering customers access to comprehensive annual health check-ups seamlessly integrated into the value proposition of client cards / DreamFolks membership cards.

The annual health check-up package includes 64 parameters such as HbA1C, thyroid profile, vitamin/protein profile, iron studies, and more, facilitated through Healthians' network of diagnostic lab partners.

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Dreamfolks Services has partnered with Looks Salon, a premium salon chain brand in the Indian beauty and grooming industry. This collaboration strengthens Dreamfolks' foray into the lifestyle services segment, expanding its spectrum of services beyond travel.

With the introduction of beauty & grooming services, Dreamfolks seeks to enrich customer loyalty programs, thereby amplifying the value brought to their clientele. The expansion to Looks Salons' 200+ outlets nationwide will allow customers of Dreamfolks Clients and members of the Dreamfolks Club to enjoy a variety of services offered by skilled stylists and beauty professionals. These services include manicures, pedicures, clean-ups, facials, and haircuts, all seamlessly managed through Dreamfolks' proprietary technology platform.

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Net profit of Dreamfolks Services rose 6.06% to Rs 20.13 crore in the quarter ended December 2023 as against Rs 18.98 crore during the previous quarter ended December 2022. Sales rose 49.54% to Rs 305.06 crore in the quarter ended December 2023 as against Rs 204.00 crore during the previous quarter ended December 2022.

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