NowFloats: Reliance-owned SaaS startup NowFloats changed to a public company

NowFloats, a SaaS startup owned by Reliance Industries, has become a public company, according to regulatory filings. As a result, the company's name has been changed from NowFloats Technologies Pvt Ltd to NowFloats Technologies Ltd. NowFloats became a public company to comply with the Securities and Exchange Board of India's (SEBI) regulations, which require subsidiaries of a listed company to become public companies. NowFloats, on the other hand, has no immediate plans to list on stock exchang