India, Feb. 26 -- Ecommerce unicorn BRND.ME (erstwhile Mensa brands) has received approval from National Company Law Tribunal (NCLT) to redomicile to India from Singapore, ahead of its IPO plans.

As per the company, NCLT Chandigarh bench sanctioned all the necessary approvals for the merger of Mensa Singapore with the current holding entity Mensa India.

Structured as a composite transaction, the merger was executed through the integration of the Singapore entity into Mensa India, followed by the consolidation of seven Indian group entities into the Indian holding company.

While the NCLT granted its approval on February 20, the High Court of the Republic of Singapore had already approved the matter beforehand. As per the company, the re...