DreamFolks announces Shekhar Sood as new CFO to drive financial growth and innovation

DreamFolks, a travel and lifestyle experience company, has announced the appointment of Shekhar Sood as its new Chief Financial Officer, effective April 30, 2025.

"With nearly two decades of global experience across listed entities, multinationals, and high-growth private companies, Shekhar brings a proven track record of delivering strategic outcomes and building financial resilience. As CFO, he will lead DreamFolks’ overall finance function, spearhead value-driven initiatives, and support the company’s next phase of technology-led expansion. He will report to Liberatha Kallat, Chairperson and Managing Director," said the company in a press statement.

Previously, Shekhar served as CFO at Bajaj Capital Group, where he played a pivotal role in aligning financial operations with strategic business objectives. His earlier stints include leadership roles at Socomec India, Ambuja Cements, CLAAS Agricultural Machinery, Nangia and Co., and Grant Thornton (WCC).
An executive alumnus of ISB, Shekhar is a Chartered Accountant, Company Secretary, and executive MBA, with certification in IFRS (International Financial Reporting Standards). His core expertise spans strategic planning, IPO management, M&A, investor relations, treasury, ESG, enterprise risk, and regulatory compliance (LODR, ICDR).

Commenting on the appointment, Kallat said: " As we step into a new phase of scale and strategic evolution, I’m delighted to welcome Shekhar to the leadership team. His deep expertise in leading financial strategies for high-growth, innovation-led companies makes him uniquely suited to support our ambitious vision. With Shekhar’s leadership, we aim to further strengthen our financial foundation, reinforce governance, and unlock long-term value for all stakeholders. His insights will be invaluable as we continue to accelerate what’s working, expand into new opportunities, and shape the future of travel experiences."

On his appointment, Sood said, “I am excited to join a company that not only leads its category but continuously redefines it. My focus will be to enhance financial agility, enable scalable systems, and support strategic vision with strong governance and capital efficiency. I look forward to contributing to the next chapter of growth and to creating sustainable value for all stakeholders.”

DreamFolks provides an in-house proprietary technology platform that allows its clients such as Banks, Card Networks, Airlines, OTAs, and Enterprises to create custom offerings for their end consumers. DreamFolks, in the press statement said it manages the lounge and other benefits for most of the top Banks in India and enjoys a market share of over 90% in the domestic lounge access market for India-issued debit and credit programs. The company went public in Sep ’22 with listings on both BSE and NSE. "Dreamfolks has a global footprint extending to 3,000+ touchpoints in 100+ countries, across the world," it said.

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