DreamFolks Crisis Worsens as More Banks Cut Ties

We are seeing a sharp shake-up at DreamFolks, once India’s front-runner in airport lounge access. In recent weeks, several key partners, banks, and airport lounge operators have ended contracts or moved to work directly with lounges. DreamFolks has now discontinued its domestic airport lounge services in India, calling the impact “material.” Shares plunged more after the announcement.