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© Globe Newswire
03.12.2025
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Roadzen Announces Successful Closing of Its Acquisition of U.S. Commercial Auto Managing General Underwriter EliteCover
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EliteCover is an MGU operating in the U.S. commercial auto insurance industry. The transaction, as previously announced, is non-dilutive and is expected to contribute over $8 million in annual revenues over the next twelve months, with 25%+ Adjusted EBITDA margins. EliteCover is an MGU operating in the U.S. commercial auto insurance industry. The t...
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© Globe Newswire
14.11.2025
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Roadzen Reports $13.7 Million Second Quarter Revenue, a 15.2% Improvement Over Prior Year Quarter, and Fifth Consecutive Quarter of Adjusted EBITDA Improvement
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Company continues growth momentum, reduces net loss 90.3% over prior year quarter, and accelerates path to Adjusted EBITDA breakeven Company continues growth momentum, reduces net loss 90.3% over prior year quarter, and accelerates path to Adjusted EBITDA breakeven...
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© Globe Newswire
29.10.2025
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Roadzen Signs Definitive Agreement to Acquire Majority Control of a Commercial Auto Insurance Broker, Expanding Its U.S. Footprint
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The acquisition is non-dilutive for shareholders and expected to generate over $30 million in annual premiums, with $8 million in annual revenues over the next twelve months after closing, and a 25% net income margin on a standalone basis The acquisition is non-dilutive for shareholders and expected to generate over $30 million in annual premiums,...
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20.10.2025
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© Globe Newswire
14.10.2025
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Roadzen Wins Major Auto Insurance Mandate Worth More Than $20 Million in Annual Premiums from One of the World’s Largest Carmakers
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NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has won a mandate to act as a Managing General Agent (MGA) for one of the world’s top five carmakers, managing its insurance program to be rolled out in a...
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20.10.2025
© Globe Newswire
13.10.2025
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Roadzen to Present at October Investor Conferences in New York
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NEW YORK, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, announced today that its executive team will participate in two upcoming investor conferences this month in New York City:...
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© Globe Newswire
07.10.2025
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Roadzen’s DrivebuddyAI Secures EU’s General Safety Regulation 2144 Compliance, Becomes the World’s Only Driver Monitoring System Validated Under Both Indian and EU Safety Standards
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DrivebuddyAI crosses 3.5 billion kilometers of real-world driving data with 70%+ accident reduction, underscoring Roadzen’s global leadership in AI-powered driver safetyDrivebuddyAI to exhibit live at InCabin Europe 2025, October 7–9, in Barcelona (Booth C210)...
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© Globe Newswire
16.09.2025
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Roadzen Completes First Close of Its India Subsidiary Financing and Upsizes Round to $7 Million Due to Strong Investor Demand
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NEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced the successful first close of its previously-announced India subsidiary financing, raising $4.5 million at a pre-money valuation of the subsidiary of $84 million...
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© Globe Newswire
18.08.2025
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Roadzen Addresses Inaccurate Reporting of Analyst Expectations in Q1 FY2026 Results
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Recent media reports, originating from an AI-generated article on The Motley Fool and widely syndicated, misstated Roadzen’s analyst expectations as over $21 million in Q1 revenue, implying a revenue miss of more than 50%. Roadzen clarifies that these figures were never issued by its covering analysts, and that its record first quarter — the strong...
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© Globe Newswire
28.07.2025
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Roadzen Announces Pricing of $2.25 Million Registered Direct Offering of Ordinary Shares
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NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has entered into a securities purchase agreement with an institutional investor for the purchase and sale of 1,730,769 ordinary shares at an offering pric...
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© Globe Newswire
24.07.2025
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Roadzen Raises $2.25 Million in PIPE Financing at 20% Premium to Market to Advance Growth and Drive Operating Plan for FY25–26
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PIPE Backed by Four of Roadzen’s Largest Shareholders, Signaling Strong Investor Conviction in the Company...
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© Globe Newswire
16.07.2025
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Roadzen Named Leading Insurtech Company on CNBC’s 2025 World’s Top Fintech Companies List
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NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the intersection of insurance and mobility, announced today that it has been recognized as the leading company in the Insurtech category of CNBC and Statista’s 2025 list of the World’s Top Fintech Companies — a recognitio...
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© Globe Newswire
26.06.2025
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Roadzen Reports Full Fiscal Year 2025 Financial Results; Fiscal Q4 Delivers 13.3% Revenue Growth, 99% Net Loss Reduction, and Continued Progress Towards Breakeven
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Roadzen enters Fiscal Year 2026 with Momentum and Improved Operating...
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20.10.2025
© Globe Newswire
03.06.2025
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Roadzen’s DrivebuddyAI Awarded Patent for Real-Time Driver Drowsiness Detection — Crosses 1.8 Billion Kilometers of Real-World AI Driving Data
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New Patent Positions DrivebuddyAI to Lead India’s Upcoming Road Safety Mandates, Achieves 72% Accident Reduction Across Fleets New Patent Positions DrivebuddyAI to Lead India’s Upcoming Road Safety Mandates, Achieves 72% Accident Reduction Across Fleets...
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© Globe Newswire
06.05.2025
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Roadzen Partners with One of the World’s Largest Telematics Providers to Launch Connected Vehicle Protection in the UK
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NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the intersection of insurance and mobility, announced today that its wholly owned UK-based subsidiary, Global Insurance Management Limited (“GIM”), has partnered with one of the world’s largest telematics providers to deli...
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© Globe Newswire
21.04.2025
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Roadzen Inc. Files Multi-Million Dollar Lawsuit Against Meteora for Breach of Contract to the Terms of the Forward Purchase Agreement
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NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI-driven mobility and insurance technology, announced today that it has filed a lawsuit in Florida against Meteora Capital Partners, LP (“Meteora”) and affiliated entities, alleging willful breach of contract and conduct that...
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© Globe Newswire
19.03.2025
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Roadzen Selected by India’s Largest General Insurance Company to Manage its Roadside Assistance Program for a Second Consecutive Multi-Year Term
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NEW YORK, March 19, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI-driven mobility and insurance solutions, today announced it has been selected by India’s largest general insurance company to manage its Roadside Assistance program for a second consecutive 3-year term. The insurer, with a...
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© Globe Newswire
11.03.2025
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Roadzen’s DrivebuddyAI Awarded Patent for AI-Driven Driver Risk Assessment, Transforming Global Road Safety
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Nasdaq-listed AI mobility tech leader secures key intellectual property for computer vision-based driver risk assessment method Nasdaq-listed AI mobility tech leader secures key intellectual property for computer vision-based driver risk assessment method...
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© Globe Newswire
06.03.2025
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Roadzen’s MixtapeAI Wins ‘Best AI in Deep Tech’ at the Entrepreneur AI Awards 2025
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NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has been selected as Best AI in Deep Tech at the Entrepreneur AI Awards Summit 2025 held in Bangalore India. Roadzen’s MixtapeAI was recognized for trans...
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© Globe Newswire
12.02.2025
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Roadzen Reports Fiscal Third Quarter and First Nine-Months FY2025 Financial Results
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NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its financial results for the three and nine-month periods ended December 31, 2024....
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© Globe Newswire
04.02.2025
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Roadzen Strengthens Balance Sheet, Eliminates $5.5 Million in Short-Term Liabilities By Paying $1.65 million in Cash
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Roadzen has eliminated a total of $12.6 million in short-term liabilities over the last six months utilizing $1.65 million in cash and approximately 1.2 million ordinary shares priced at $2.80 per share Roadzen has eliminated a total of $12.6 million in short-term liabilities over the last six months utilizing $1.65 million in cash and approximatel...
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© Globe Newswire
03.01.2025
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Roadzen Inc. Announces Pricing of Offering
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NEW YORK, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the pricing of a best-efforts offering of 2,222,300 ordinary shares at a public offering price of $2.25 per share, for gross proceeds of approximately $5,000,000...
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© Globe Newswire
31.12.2024
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Roadzen Partners with Simple Energy and a Leading Global Reinsurer to Provide AI-Driven Extended Warranty for Electric Two-Wheelers
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NEW YORK, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced its partnership with Simple Energy, a new-age player building high-range electric two-wheelers, and a leading global reinsurer to offer extended warranties for Si...
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© Globe Newswire
19.12.2024
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Roadzen’s drivebuddyAI Partners with Bosch to Advance AI-Driven Road Safety
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Partnership expands global opportunity for Roadzen’s AI-powered ADAS and DMS platform for Fleets and OEMs Partnership expands global opportunity for Roadzen’s AI-powered ADAS and DMS platform for Fleets and OEMs...
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© Globe Newswire
18.12.2024
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Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in India
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NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced that its existing client National Insurance Company Ltd. (“NICL”) has expanded the geographical scope for Roadzen’s AI powered XClaim Product. NICL has a total of...
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© Globe Newswire
17.12.2024
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Roadzen Inc. Announces Closing of Public Offering
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NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the closing of its previously announced underwritten public offering of 2,300,000 ordinary shares (or pre-funded warrants (("Pre-funded Warrants")) in lieu there...
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© Globe Newswire
16.12.2024
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Roadzen Inc. Announces Pricing of Public Offering
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NEW YORK, Dec. 15, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the pricing of an underwritten public offering of 2,000,000 ordinary shares (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) at a public offering...
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© Globe Newswire
12.12.2024
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Roadzen and Mizuho Agree To Extend Senior Debt Maturity by Full year to December 31, 2025
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NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the intersection of insurance and mobility, today announced that it has reached an agreement in principle with Mizuho Securities USA LLC, a leading global investment bank and securities firm, to extend the maturity date o...
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© Globe Newswire
10.12.2024
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Roadzen’s National Automobile Club Signs Contract with Motive, One of the Largest AI-powered Fleet Management Companies
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New partnership delivers emergency roadside assistance and towing services with substantial savings to all Motive customers New partnership delivers emergency roadside assistance and towing services with substantial savings to all Motive customers...
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© BusinessWire
10.12.2024
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Motive Adds New Roadside Assistance As Fleet Safety Leaders Prepare for Dangerous Winter Season & Beyond
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Motive, the AI-powered Integrated Operations Platform, today announced the launch of Motive Roadside Assistance, a comprehensive 24/7/365 roadside support service designed to improve driver safety and operational efficiency. The new service, combined with Motive’s First Responder, strengthens and expands Motive’s comprehensive safety solution by g...
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© Globe Newswire
13.11.2024
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Roadzen Reports Fiscal Second Quarter and First Half FY2025 Financial Results
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NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its second quarter and six-month financial results for the period ended September 30, 2024....
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© Globe Newswire
18.10.2024
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Roadzen to Present at the ThinkEquity Investor Conference October 30, 2024
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Roadzen to Present at the ThinkEquity Investor Conference October 30, 2024...
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© Globe Newswire
18.07.2024
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Roadzen CEO and Chairman Agree to Exchange $3.5 Million of Short-Term Debt for Equity in the Company
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NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the convergence of insurance and mobility, today announced that the Company’s Special Committee of Independent Directors has unanimously approved a plan for certain related parties to release $3.5 million of short-term de...
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© Globe Newswire
01.07.2024
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Roadzen Reports Record Revenue Growth in its First Fiscal Year as a Public Company
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NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its results for the twelve-months ended March 31, 2024....
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© Globe Newswire
12.06.2024
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Roadzen Onboards New Commercial Auto Insurance Partner in India, Projected to Deliver Over $10 Million in Annual Revenue
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Roadzen’s New Partnership with Commercial Auto Agency Network Adds 1,200 Strong Salesforce, Expected to Deliver Upwards of $65 Million in Gross Written Premium Providing Coverage for Over 300,000 Vehicles Roadzen’s New Partnership with Commercial Auto Agency Network Adds 1,200 Strong Salesforce, Expected to Deliver Upwards of $65 Million in Gross W...
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