Near Hits the Nasdaq

Data firm Near Intelligence, Inc. has completed its merger with special purpose acquisition company KludeIn, and commenced trading on the Nasdaq. The firm's SaaS platform provides intelligence on people, places and products.

The new firm began trading on the Nasdaq today (24th March) after the combination with KludeIn I Acquisition Corp was approved by stockholders earlier this week. The combined company is now called Near Intelligence, Inc. and will trade under the ticker symbol NIR.

Near promises 'accurate, comprehensive information on people, places' to help client companies in retail, real estate, restaurant/QSR, travel/tourism, telecom and financial services sectors make informed and rapid strategic decisions. The firm processes data from an estimated 1.6 billion unique user IDs and 70 million 'points of interest' in more than 44 countries.

Founder and CEO Anil Mathews (pictured) comments: 'I am pleased to complete our business combination with KludeIn and to begin our next chapter as a public company. I believe that being a public company will underscore Near's long-term commitment to our customers, investors, and the data intelligence industry as a whole. We have a bold vision for Near - to help global enterprises better understand consumer behavior by providing them with actionable intelligence'.

Near has offices in Los Angeles, San Francisco, Paris, Bangalore, Singapore, Sydney and Tokyo, and is online at www.near.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.