India, Jan. 31 -- SaaS major MoEngage has received the National Company Law Tribunal's (NCLT) approval for reverse merger, a key step in its corporate restructuring ahead of its anticipated public listing in India.

The NCLT's Bengaluru bench cleared the merger of MoEngage Inc, the company's US-based parent entity, into its Indian arm, MoEngage India Private Limited. The order was passed on January 12, 2026.

Under the amalgamation scheme, MoEngage Inc, which is incorporated in Delaware, will merge into the Indian entity and cease to exist without being wound up. After the merger, all assets, liabilities and operations of the US entity will be transferred to MoEngage India.

The move follows reports that MoEngage was exploring shifting it...