Consumer Data Co. Gets OK For $50M Ch. 11 Sale

By Rick Archer · February 21, 2024, 5:42 PM EST

A Delaware bankruptcy judge Wednesday approved the $50 million sale of Near Intelligence after being told that unsecured creditors' objections to the California-based consumer data gathering platform's Chapter 11 plan had...

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Bankruptcy Scorecard

Summary

The bankruptcy filing comes less than a year after the data gatherer completed its merger with SPAC KludeIn I Acquisition, a business combination valued at nearly $1 billion at the time

Case Number

1:23-bk-11962

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$100-$500 million

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Related Sections

Case Information

Case Title

Near Intelligence, Inc.

Case Number

1:23-bk-11962

Court

Delaware

Nature of Suit

Date Filed

December 08, 2023

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