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Roadzen

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Neutral
GlobeNewsWire
17 days ago
Roadzen Reports $13.7 Million Second Quarter Revenue, a 15.2% Improvement Over Prior Year Quarter, and Fifth Consecutive Quarter of Adjusted EBITDA Improvement
Improving Fiscal Q2 and Record Six-Month Revenue Revenue increased 25.9% quarter-over-quarter and 15.2% year-over-year to $13.7 million; six-month revenue rose 18.0% to $24.5 million, reporting a record first half and best quarter in the last 12 months. Sharply Reduced Net Loss and Fifth Straight Quarter of Adjusted EBITDA 1 Improvement Q2 net loss narrowed to $(2.1) million from $(21.8) million the same quarter last year, a 90.3% year-over-year improvement.
Roadzen Reports $13.7 Million Second Quarter Revenue, a 15.2% Improvement Over Prior Year Quarter, and Fifth Consecutive Quarter of Adjusted EBITDA Improvement
Neutral
GlobeNewsWire
27 days ago
Roadzen and Mizuho Agree to Extend Maturity of Senior Secured Facility by 18 Months to June 30, 2027
NEW YORK, Nov. 04, 2025 (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 (“Mizuho”), a leading global investment bank and securities firm, to extend the maturity date of the Company's existing senior secured notes. Under the terms of the extension, the maturity of Roadzen's $11.5 million senior secured notes will be extended by 18 months - from December 31, 2025 to June 30, 2027 - with no other change to the structure.
Roadzen and Mizuho Agree to Extend Maturity of Senior Secured Facility by 18 Months to June 30, 2027
Neutral
GlobeNewsWire
1 month ago
Roadzen Signs Definitive Agreement to Acquire Majority Control of a Commercial Auto Insurance Broker, Expanding Its U.S. Footprint
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, with $8 million in annual revenues over the next twelve months after closing, and a 25% net income margin on a standalone basis
Roadzen Signs Definitive Agreement to Acquire Majority Control of a Commercial Auto Insurance Broker, Expanding Its U.S. Footprint
Neutral
GlobeNewsWire
1 month ago
Roadzen's DrivebuddyAI Secures Six Major E-Commerce Trucking Fleet Clients in Nationwide Rollout Across India
Deployment spans high-performance Volvo and BharatBenz trucks across India's long-haul e-commerce logistics network Deployment spans high-performance Volvo and BharatBenz trucks across India's long-haul e-commerce logistics network
Roadzen's DrivebuddyAI Secures Six Major E-Commerce Trucking Fleet Clients in Nationwide Rollout Across India
Neutral
GlobeNewsWire
1 month ago
Roadzen Wins Major Auto Insurance Mandate Worth More Than $20 Million in Annual Premiums from One of the World's Largest Carmakers
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 major European market.
Roadzen Wins Major Auto Insurance Mandate Worth More Than $20 Million in Annual Premiums from One of the World's Largest Carmakers
Neutral
GlobeNewsWire
1 month ago
Roadzen to Present at October Investor Conferences in New York
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:
Roadzen to Present at October Investor Conferences in New York
Neutral
GlobeNewsWire
1 month ago
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
DrivebuddyAI crosses 3.5 billion kilometers of real-world driving data with 70%+ accident reduction, underscoring Roadzen's global leadership in AI-powered driver safety DrivebuddyAI to exhibit live at InCabin Europe 2025, October 7–9, in Barcelona (Booth C210)
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
Neutral
GlobeNewsWire
1 month ago
Roadzen Completes $7 Million India Financing Led by Marquee Indian Investors, Implying a Parent Company Valuation of $2 per Share — Nearly 100% Premium to Market
NEW YORK, Oct. 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 the final closing of its previously announced India subsidiary financing, raising the full $7 million. The round, which was increased from $4.5 million due to strong investor demand, establishes a valuation of $91 million for the standalone India business.
Roadzen Completes $7 Million India Financing Led by Marquee Indian Investors, Implying a Parent Company Valuation of $2 per Share — Nearly 100% Premium to Market
Neutral
GlobeNewsWire
2 months ago
Roadzen Completes First Close of Its India Subsidiary Financing and Upsizes Round to $7 Million Due to Strong Investor Demand
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.
Roadzen Completes First Close of Its India Subsidiary Financing and Upsizes Round to $7 Million Due to Strong Investor Demand
Neutral
GlobeNewsWire
2 months ago
Roadzen Inc. Announces Strategic Equity Financing of Approximately $4.5 Million for Its India Subsidiary at an $84 Million Pre-Money Valuation
Raise anchored by marquee investors, including leading family offices and institutional investors in India. Values Roadzen's India Subsidiary, contributing less than 60% of global revenues, at approximately a 25% premium to the Nasdaq-listed parent company's market capitalization.
Roadzen Inc. Announces Strategic Equity Financing of Approximately $4.5 Million for Its India Subsidiary at an $84 Million Pre-Money Valuation