Near Intelligence Holdings, Inc., a portfolio company of GB-V Growth Fund Investment Limited Partnership (GB-V) (“Near” and, following the completion of the transaction, the “Company”), and KludeIn I Acquisition Corp. (NASDAQ:INKA) (“KludeIn”), a publicly traded special purpose acquisition company, announced that they have entered into a definitive business combination agreement that will result in Near becoming a publicly listed company with a post-transaction pro forma market capitalization of nearly $1 billion, assuming there are no redemptions by KludeIn’s stockholders and a successful private placement of $95 million of common stock prior to the consummation of the transaction.

Upon closing, the combined Company is expected to be named “Near Intelligence, Inc.” and its common stock is expected to trade on The Nasdaq Stock Market under the ticker symbol “NIR”. The Company will be headquartered in Southern California, with global offices and coverage in EMEA, Asia Pacific and Southeast Asia and led by Anil Mathews, Founder and CEO of Near.

Near, a global SaaS leader in privacy-led data intelligence, curates one of the world’s largest sources of intelligence on people, places, and products. Near processes data from over 1.6 billion unique user IDs, in over 70 million places across 44 countries to empower marketing and operational data leaders to confidently reach, understand, and market to consumers and optimize their business results. With offices in Los Angeles, Silicon Valley, Paris, Bangalore, Singapore, Sydney and Tokyo, Near serves major enterprises in retail, real estate, restaurants, tourism, technology, marketing, and other industries.

About Near Intelligence, Inc. (a/k/a Near Intelligence Holdings, Inc.)

Location
Delaware, United States
CEO
Anil Mathews
Founded
March 2022
URL
https://near.com/

About GB-V

Name
GB-V Growth Fund Investment Limited Partnership
General Partner
Global Brain Corporation

About Global Brain

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January 1998
URL
https://globalbrains.com/