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Roadzen

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GlobeNewsWire
5 days ago
Roadzen Partners with Top-10 Global Carmaker to Deliver GAP Insurance Across the UK, Its Second Major European OEM Win Following Its September 2025 Continental Europe Partnership
Roadzen's second major European OEM win, underscores growing adoption of its AI-led, embedded insurance platform by global carmakers Roadzen's second major European OEM win, underscores growing adoption of its AI-led, embedded insurance platform by global carmakers
Roadzen Partners with Top-10 Global Carmaker to Deliver GAP Insurance Across the UK, Its Second Major European OEM Win Following Its September 2025 Continental Europe Partnership
Neutral
GlobeNewsWire
10 days ago
Roadzen's drivebuddyAI Secures Patent to Detect and Geo-Map Hazardous Road Conditions in Real-Time
drivebuddyAI has secured a total of 15 patents with numerous patents pending and continues to be the sole technology to achieve AIS-184, EU GSR 2144, and Euro NCAP 2026 certification drivebuddyAI has secured a total of 15 patents with numerous patents pending and continues to be the sole technology to achieve AIS-184, EU GSR 2144, and Euro NCAP 2026 certification
Roadzen's drivebuddyAI Secures Patent to Detect and Geo-Map Hazardous Road Conditions in Real-Time
Neutral
GlobeNewsWire
17 days ago
Roadzen to Present at Maxim Group's “Powering the AI Revolution” Virtual Conference on Tuesday April 7, 2026 at 8:30am ET
NEW YORK, April 02, 2026 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), a global leader in AI at the convergence of insurance and mobility, today announced that it will present at the upcoming virtual conference, “Powering the AI Revolution – Building the Infrastructure Behind Generative AI” hosted by Maxim Group. Roadzen's CEO and Founder Rohan Malhotra will participate in a fireside-style discussion on Tuesday, April 7, 2026, from 8:30 a.m.
Roadzen to Present at Maxim Group's “Powering the AI Revolution” Virtual Conference on Tuesday April 7, 2026 at 8:30am ET
Neutral
GlobeNewsWire
25 days ago
Roadzen's drivebuddyAI Secures Driver Identification Patent, Establishing the IP Foundation for Fleet Safety Intelligence
With 15+ patents globally and sole AIS-184, EU GSR 2144, and Euro NCAP 2026 certification, drivebuddyAI advances its position as the intelligence layer for mobility With 15+ patents globally and sole AIS-184, EU GSR 2144, and Euro NCAP 2026 certification, drivebuddyAI advances its position as the intelligence layer for mobility
Roadzen's drivebuddyAI Secures Driver Identification Patent, Establishing the IP Foundation for Fleet Safety Intelligence
Neutral
GlobeNewsWire
2 months ago
Roadzen Reports Strongest Quarter in Two Years with $14.4 Million Third Quarter Revenue and Sixth Consecutive Quarter of Adjusted EBITDA Improvement
Roadzen delivers 18.8% revenue increase and reduces operating loss by 25.4% over prior-year quarter Strategic wins, new contracts and acquisitions, expand Roadzen's U.S. market presence and full-stack operating capabilities, reinforcing its position as a global AI leader at the intersection of insurance and mobility Year-over-year Sequential Revenue Growth; Record Nine-Month Revenue Q3 revenue increased 18.8% over the prior-year quarter and 4.9% from Q2 to $14.4 million; nine-month revenue rose 18.3% to $38.9 million, marking a record nine months and Roadzen's best quarter in the last two years. Operating Loss Continue to Materially Decline; Sixth Consecutive Quarter of Adjusted EBITDA 1 improvement Q3 operating loss narrowed to $(2.4) million from $(3.2) million in the prior-year quarter, a 25.4% year-over-year improvement.
Roadzen Reports Strongest Quarter in Two Years with $14.4 Million Third Quarter Revenue and Sixth Consecutive Quarter of Adjusted EBITDA Improvement
Neutral
GlobeNewsWire
3 months ago
Roadzen Announces Major Strategic Acquisition of AI-Powered Vehicle Repair Platform VehicleCare at CES 2026; Transaction Consideration Values Standalone India Business at ~$277 Million
Definitive Agreement for acquisition of VehicleCare is expected to extend Roadzen's claims intelligence platform into on-ground repair execution, enabling end-to-end control over repair timelines, quality, and cost outcomes for insurers VehicleCare is expected to contribute approximately $10 million of revenue over the twelve months following closing Transaction consideration to be paid in stock at Roadzen's India subsidiary, valuing Roadzen India at approximately $277 million (₹2,495 crore, or ~$3.50 per share) , representing an approximately 50% premium to Roadzen's current public market price , with no dilution to shareholders at the Nasdaq-listed parent . LAS VEGAS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- On the opening day of CES 2026, Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global AI company operating at the intersection of insurance and mobility, announced it has entered into a definitive agreement to acquire VehicleCare, an AI-powered vehicle repair and workshop aggregation platform.
Roadzen Announces Major Strategic Acquisition of AI-Powered Vehicle Repair Platform VehicleCare at CES 2026; Transaction Consideration Values Standalone India Business at ~$277 Million
Neutral
GlobeNewsWire
3 months ago
Roadzen to Showcase DrivebuddyAI as First-Time Exhibitor at CES 2026 (January 6 – 9)
Live demos in Las Vegas will highlight DrivebuddyAI's vision-first, continuous-learning AI platform trained on billions of kilometers of real-world driving data and uniquely positioned as the only driver monitoring system validated under both Indian AIS-184 and EU GSR 2144 standards. Live demos in Las Vegas will highlight DrivebuddyAI's vision-first, continuous-learning AI platform trained on billions of kilometers of real-world driving data and uniquely positioned as the only driver monitoring system validated under both Indian AIS-184 and EU GSR 2144 standards.
Roadzen to Showcase DrivebuddyAI as First-Time Exhibitor at CES 2026 (January 6 – 9)
Neutral
GlobeNewsWire
4 months ago
Roadzen Announces Successful Closing of Its Acquisition of U.S. Commercial Auto Managing General Underwriter EliteCover
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) today announced the successful closing of its previously announced acquisition of majority control of EliteCover Insurance Solutions, Inc. (“EliteCover”), a licensed commercial auto insurance broker and managing general underwriter (MGU) operating across multiple U.S. states. First announced October 29, 2025, the acquisition strengthens Roadzen's position in the $80 billion in annual Gross Written Premiums (GWP) U.S. commercial auto insurance market by combining EliteCover's underwriting authority, regulatory licenses, and distribution footprint with Roadzen's AI, telematics, and automated claims capabilities.
Roadzen Announces Successful Closing of Its Acquisition of U.S. Commercial Auto Managing General Underwriter EliteCover
Neutral
GlobeNewsWire
5 months 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
5 months 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