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NoPaperForms Transitions to Public Entity Ahead of IPO
- NoPaperForms, known as Meritto, recently transitioned to a public entity, paving the way for its IPO.
- The company plans a public issue valued between INR 500-600 Cr, with expectations to list by the end of 2025.
- Founded in 2017, the SaaS startup focuses on software solutions for the education industry, turning profitable in FY24.
- Info Edge-backed NoPaperForms joins other tech firms like Meesho and Urban Company in the IPO race.
- The startup's move reflects a growing trend of tech IPOs in India's dynamic market landscape.
Source: Inc42
25d ago
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