Renaissance Capital logo

Near Intelligence (KludeIn I Acquisition) Priced, Nasdaq: NIR

Blank check company targeting software or technology-enabled growth businesses (completed 3/23/2023).

Industry: SPAC

First Day Return: +4.2%

KludeIn I Acquisition Corp. is a newly organized blank check company. We have not selected any specific business combination target. While we may pursue a business combination in any sector or geography, we intend to focus our efforts on completing a business combination with a high-quality software or technology-enabled growth business serving Consumers or Enterprises in the United States with an enterprise value between $500 million and $1.5 billion. Our management team has extensive experience in both the private and public equity markets, and believes our team’s skill and experience makes us well positioned to deliver attractive risk-adjusted returns by identifying and executing a business combination with one or more attractive targets. We plan to leverage our extensive network in the venture capital and private equity industries as well as our network among the Indian diaspora, the latter of which we believe has permeated the global technology landscape in the form of entrepreneurs, chief executives and specialist talent pools. We believe our deep connections, and relationships with these networks will provide us with access to a differentiated pool of potential target businesses and management teams, and facilitate a successful business combination transaction.
IPO Data
IPO Date 01/06/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $150
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Berkeley, CA, United States
Founded 2020
Employees at IPO 4
Website www.kludein.com/spac

Near Intelligence (KludeIn I Acquisition) (NIR) Performance

Created with Highcharts 10.3.2Chart context menuNIR vs. IPO Index (IPOUSA)Apr '21Jul '21Oct '21Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '25-50%0%-100%+ 50%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index