Gurugram, Nov 10, 2025 – DreamFolks Services Limited announced that its Board of Directors has approved the acquisition of a 50.01% partnership stake in Ten 11 Hospitality LLP for a total cash consideration of Rs 11.46 crore, making it a subsidiary of the company .
Strengthening railway lounge operations
The company stated that the move aims to consolidate and strengthen its value chain in railway lounge services by acquiring one of its key existing service partners. The acquisition will provide DreamFolks with physical infrastructure and assets at major railway stations, enhancing its lounge operations and paving the way for expansion into other railway-related services.
Key details of the transaction
- Total investment: Rs 11.46 crore (cash consideration)
- Stake acquired: 50.01% partnership interest
- Entity acquired: Ten 11 Hospitality LLP
- Turnover (FY25): Rs 8.65 crore
- Industry: Hospitality
- Expected completion: Within 15 days
- Regulatory approvals: Not required
About Ten 11 Hospitality LLP
Founded in September 2021, Ten 11 Hospitality LLP operates and manages premium lounges, primarily across India. The company has recorded rapid revenue growth over the past three years — from Rs 59.87 lakh in FY23 to Rs 8.65 crore in FY25, reflecting its expanding footprint in the hospitality segment.
DreamFolks emphasized that the acquisition will support its long-term strategy to expand integrated travel and transit experiences across airports and railways.
Disclaimer: The information provided is for informational purposes only and should not be considered financial advice. Investors are advised to review official company filings and consult professional advisors before making investment decisions.
