Dreamfolks Services Limited has taken a significant step toward strengthening its global presence by approving an investment of approximately ₹36 crore (USD 4 million) to acquire a 60.24% stake in ETT Solutions DMCC. The decision was finalized at the company’s Board meeting held on December 1, 2025. Once completed, the transaction will result in ETT becoming a foreign subsidiary of Dreamfolks.

The investment involves both the secondary purchase of existing shares and the subscription to newly issued shares. All payments will be settled in cash through an authorised dealer bank under India’s Overseas Direct Investment framework. The company expects the acquisition to be completed within 120 business days, subject to procedural clearances, including filings under FEMA regulations and formal updates to shareholding records with the Dubai Multi Commodities Centre (DMCC) Authority.

ETT Solutions DMCC, established in April 2023 and operating under the brand name “Easy to Travel,” focuses on providing airport lounge access and fast-track airport services through partnerships with lounge operators across the world. Although a young company, ETT has expanded rapidly and now offers its services across more than 120 countries and 500 airports. The firm has reported a strong operational performance in 2025, recording a turnover of AED 7.6 million and a profit of AED 0.8 million for the ten-month period ending October 31, 2025, compared to the absence of revenue in its first two years of establishment.

TOPICS: Dreamfolks Services