Near Intelligence, Inc., along with its three affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on December 8, 2023. The debtor listed its assets in the range of $50 million to $100 and liabilities of $107.60 million. The debtor is represented by Edmon L. Morton and Shane M. Reil of Young Conaway Stargatt & Taylor, LLP and Willkie Farr & Gallagher LLP as its legal counsels.

Ernst & Young LLP is appointed as restructuring advisor. GLC Advisors & Co., LLC is appointed as investment banker. Kroll Restructuring Administration LLC is appointed as notice, claims, solicitation and balloting agent.