Narayan Ramachandran - Mar 23, 2022 Form 4 Insider Report for Near Intelligence, Inc. (NIR)

Role: 10%+ Owner
Signature: /s/ Narayan Ramachandran
Stock symbol: NIR
Transactions as of: Mar 23, 2022
Transactions value $: $5,200,000
Form type: 4
Date filed: 3/27/2023, 05:00 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NIR	Class A Common Stock	Options Exercise		+4.24M			4.24M	Mar 23, 2023	See Footnote	F1, F2
transaction	NIR	Class A Common Stock	Other		-238K	-5.6%		4M	Mar 23, 2023	See Footnote	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NIR	Class B Common Stock	Options Exercise		-4.31M	-100%		0	Mar 23, 2022	Class A Common Stock	4.24M		See Footnote	F1, F2, F3
transaction	NIR	Warrants	Other	$5.2M	+5.2M		$1.00	5.2M	Mar 23, 2022	Class A Common Stock	5.2M	$11.50	See Footnote	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Narayan Ramachandran is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Upon the closing of the business combination of KludeIn I Acquisition Corp. ("KludeIn") with Near Intelligence Holdings, Inc. on March 23, 2023, (i) all shares of outstanding Class B shares of KludeIn were converted into shares of Class A shares of KludeIn, and (ii) KludeIn effected a name change to Near Intelligence, Inc.
F2	Messrs. Raghavan and Ramachandran are the managing members of the Sponsor and may be deemed the beneficial owners of the shares held by the Sponsor. Messrs. Raghavan and Ramachandran disclaim beneficial ownership over any securities in which they do not have a pecuniary interest.
F3	Represents the forfeiture, for no consideration, by KludeIn Prime LLC (the "Sponsor") of 237,500 shares of Class B common stock of KludeIn I Acquisition Corp., which, upon consummation of its business combination.
F4	Represents the warrants purchased by the Sponsor in connection with KludeIn's initial public offering, which are exercisable commencing 30 days following the consummation of KludeIn's business combination.