---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-002164"
form_type: "8-K"
ticker: null
cik: "0001826671"
company_name: "Near Intelligence, Inc."
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T04:09:27.307519+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Near Intelligence restates years of financials; CEO/CFO on leave amid fraud probe

## Summary
- Board determined FY2020-2022 and Q1/Q2 2023 financials cannot be relied upon; revenue may have been overstated.
- CEO Anil Mathews, CFO Rahul Agarwal, and President Shobhit Shukla placed on administrative leave Oct 1, 2023.
- Gladys Kong appointed interim CEO (formerly COO); John Faieta appointed interim CFO (formerly Controller).
- All prior revenue and adjusted EBITDA guidance withdrawn.
- Waiver under Blue Torch financing agreement expired Oct 1; company actively negotiating forbearance.

## SEC filing metadata
- accession: 0001013762-23-002164
- form_type: 8-K
- cik: 0001826671
- company_name: Near Intelligence, Inc.
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 4.02, 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/0001013762-23-002164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/ea186362-8k_nearintell.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-002164
- JSON: https://secwatch.observer/filing/0001013762-23-002164.json
- Plain text: https://secwatch.observer/filing/0001013762-23-002164.txt

## Key facts
- Executive change
  Anil Mathews departed as Chief Executive Officer at Near Intelligence, Inc..
  - Action: placed on administrative leave
  - Role: Chief Executive Officer
  source text: On October 1, 2023, the Board placed Anil Mathews, the Company’s Chief Executive Officer, Rahul Agarwal, the Company’s Chief Financial Officer, and Shobhit Shukla, the Company’s President, on administrative leave from their respective positions with the Company pending an internal investigation conducted by outside legal counsel on behalf of the Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/0001013762-23-002164-index.htm
- Executive change
  John Faieta was appointed as interim Chief Financial Officer at Near Intelligence, Inc..
  - Action: appointed
  - Role: interim Chief Financial Officer
  source text: On October 1, 2023, the Board appointed John Faieta, the Company’s Controller, to serve as the Company’s interim Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/0001013762-23-002164-index.htm
- Executive change
  Rahul Agarwal departed as Chief Financial Officer at Near Intelligence, Inc..
  - Action: placed on administrative leave
  - Role: Chief Financial Officer
  source text: On October 1, 2023, the Board placed Anil Mathews, the Company’s Chief Executive Officer, Rahul Agarwal, the Company’s Chief Financial Officer, and Shobhit Shukla, the Company’s President, on administrative leave from their respective positions with the Company pending an internal investigation conducted by outside legal counsel on behalf of the Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/0001013762-23-002164-index.htm
- Executive change
  Gladys Kong was appointed as interim Chief Executive Officer at Near Intelligence, Inc..
  - Action: appointed
  - Role: interim Chief Executive Officer
  source text: On October 1, 2023, the Board appointed Gladys Kong, the Company’s Chief Operating Officer and Secretary, to serve as the Company’s interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/0001013762-23-002164-index.htm
- Executive change
  Shobhit Shukla departed as President at Near Intelligence, Inc..
  - Action: placed on administrative leave
  - Role: President
  source text: On October 1, 2023, the Board placed Anil Mathews, the Company’s Chief Executive Officer, Rahul Agarwal, the Company’s Chief Financial Officer, and Shobhit Shukla, the Company’s President, on administrative leave from their respective positions with the Company pending an internal investigation conducted by outside legal counsel on behalf of the Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/0001013762-23-002164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.