<ul data-eligibleForWebStory="false"><li>NoPaperForms, backed by Info Edge, has converted into a public entity to prepare for its IPO.</li><li>The startup's board approved the conversion, dropping 'private' from its name, now called 'NoPaperForms Solutions Limited.'</li><li>The SaaS startup, also known as Meritto, is expected to file IPO papers for a public issue aiming to value the company at around INR 2,000 Cr ($234 Mn) by the end of 2025.</li><li>The startup, founded in 2017, offers software products for the education industry. It turned profitable in FY24 with a revenue of INR 70 Cr and a profit of INR 4 Lakh.</li></ul>

Exclusive: IPO-Bound NoPaperForms Converts Into Public Entity

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