Dreamfolks Services and The Card Company Launch 'Wallet α': India's First Premium Digital Wallet

2 min read     Updated on 08 Oct 2025, 01:04 PM
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Reviewed by
Suketu GalaScanX News Team
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Overview

Dreamfolks Services Limited has collaborated with The Card Company to introduce 'Wallet α', India's first premium digital wallet. The wallet offers elite travel, lifestyle, and entertainment benefits, including global airport lounge access, hotel upgrades, members-only club access, and gourmet dining offers. Users can choose from three membership packages (α I, α II, or α III) within The Card Company app, with instant digital access to services. This partnership aims to democratize access to premium services and solidifies Dreamfolks' position in the digital premium experiences sector.

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*this image is generated using AI for illustrative purposes only.

Dreamfolks Services Limited has announced a groundbreaking collaboration with The Card Company to introduce 'Wallet α', India's first premium digital wallet. This innovative partnership aims to democratize access to elite travel, lifestyle, and entertainment benefits, making them available to a broader audience through a digital wallet offering.

Key Features of Wallet α

Wallet α represents a significant shift in the digital wallet landscape, offering a range of premium services traditionally reserved for select credit card users. The wallet provides:

Category Benefits
Travel Global airport lounge access, airport transfers, railway lounges, hotel upgrades
Lifestyle Access to members-only clubs, golf sessions, wellness and fitness services, curated experiences
Entertainment & Dining OTT subscriptions, movie benefits, gourmet dining offers

Seamless Digital Experience

The Wallet α platform ensures a fully digital and transparent user experience:

  • Easy browsing and upgrading to preferred membership packages (α I, α II, or α III) within The Card Company app
  • Instant digital access to all services and entitlements
  • Real-time tracking of usage and remaining benefits

Strategic Implications

This collaboration solidifies Dreamfolks' position as a key player in the digital backbone for premium experiences. By extending its network to The Card Company's user base, Dreamfolks is tapping into India's rapidly growing digital innovation in the BFSI sector.

Liberatha Kallat, Chairperson & MD of Dreamfolks Services Ltd., commented on the partnership: "We're proud to power the premium lifestyle and travel services for a revolutionary product like Wallet α. This partnership reflects DreamFolks' mission to make world-class experiences accessible to all, not just the few."

Market Impact

The launch of Wallet α represents a significant step towards leveling the playing field in the premium services market. By making these services a matter of choice for every user rather than a privilege for a select few, Dreamfolks and The Card Company are potentially disrupting the traditional credit card benefits model.

This move aligns with Dreamfolks' recent expansion beyond travel-centric offerings. Just a day before this announcement, the company launched its new DreamFolks Club Memberships, which cover a broad spectrum of lifestyle services beyond travel.

As the financial services landscape continues to evolve, innovations like Wallet α could reshape how consumers access and enjoy premium services, potentially impacting traditional credit card providers and creating new opportunities in the digital wallet space.

Investors and market watchers will be keen to observe how this new offering affects Dreamfolks' market position and financial performance in the coming quarters.

Historical Stock Returns for Dreamfolks Services

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+17.80%-8.34%-45.70%-72.49%-72.68%
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DreamFolks Services Unveils Exclusive Club Memberships at Global Fintech Fest 2025

1 min read     Updated on 07 Oct 2025, 02:39 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

DreamFolks Services introduced DreamFolks Club Memberships at the Global Fintech Fest 2025 in Mumbai. The new offering expands beyond travel benefits to include lifestyle experiences. Three membership tiers - White (₹10,000), Orange (₹30,000), and Black (₹50,000) - provide access to various services including social clubs, global lounges, golf, and additional lifestyle perks. This move represents a strategic shift for the company to cater to a broader range of consumer needs.

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*this image is generated using AI for illustrative purposes only.

Dreamfolks Services , India's leading travel and lifestyle experiences company, has made a significant move to expand its offerings beyond travel benefits. At the Global Fintech Fest 2025 in Mumbai, the company launched its new DreamFolks Club Memberships, aiming to democratize access to a wide range of privileges.

A New Era of Comprehensive Memberships

The newly introduced DreamFolks Club Memberships represent a strategic shift from the company's previous focus on travel and lounge-centric services. These memberships are designed to cover the full spectrum of consumer lifestyle needs, offering a unique combination of anchor services and value-added benefits.

Membership Tiers and Pricing

The DreamFolks Club Memberships are available in three tiers, catering to different consumer segments:

Tier Price (₹)
White 10,000.00
Orange 30,000.00
Black 50,000.00

Comprehensive Service Offerings

The memberships consolidate a wide array of services:

Anchor Services:

  • Members-only social clubs
  • Global lounges
  • Golf games and lessons

Value-added Services:

  • Coffee at malls
  • Highway dining
  • Salon and spa privileges
  • OTT subscriptions
  • Movie vouchers
  • Visa services
  • Floral gifting
  • Travel SIMs

Strategic Expansion

Liberatha Kallat, Chairperson & Managing Director of Dreamfolks Services Limited, commented on the launch: "With DreamFolks Club Memberships, we are expanding our horizon to encompass the entire customer journey — spanning both travel and lifestyle. This is not just an evolution of our earlier offering, but a complete reimagining of what memberships should represent in today's ever-evolving, experience-led world."

The company's move to integrate lifestyle, travel, wellness, and essential services into a single membership platform sets it apart in the market. By offering a consolidated suite of services, DreamFolks aims to provide unparalleled convenience and value to its members, catering to both everyday and aspirational experiences.

This launch marks a significant step for DreamFolks Services, as it seeks to strengthen its position in the travel and lifestyle sector and appeal to a broader range of consumers, from young professionals to seasoned travelers and lifestyle enthusiasts.

Historical Stock Returns for Dreamfolks Services

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+17.80%-8.34%-45.70%-72.49%-72.68%
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