NoPaperForms Files Updated DRHP for ₹375 Cr+ IPO

Meritto's parent, education-tech infrastructure firm NoPaperForms, filed its updated draft red herring prospectus with SEBI for a ₹375 Cr+ fresh issuance. SaaS infrastructure plays targeting K–12 and higher ed are proving public-market viable—builders in compliance, assessment, and admissions tech should prepare for IPO readiness: unit economics, customer concentration, and churn metrics now matter more than TAM.

Source: Inc42 ↗