India, June 10 -- D2C ecommerce giant Meesho's board has approved its conversion into a public entity as it readies for an initial public offering (IPO).

As per the startup's MCA filing accessed by Inc42, board at Meesho passed a special resolution to convert its name from 'Meesho Private Limited' to 'Meesho Limited' in their extraordinary general meeting on June 5.

The conversion will provide Meesho with increased flexibility in pursuing capital market access and align its corporate structure with regulatory expectations applicable to a company proposing to undertake an IPO, the filing added.

The filing further said that although the board has not yet approved or initiated the IPO process, but the company aims to maintain readiness fr...