Roadzen, Inc. Ordinary Shares
RDZNRoadzen, Inc. is a technology company that provides digital insurance solutions focused on the Indian vehicle insurance market. The company offers platform-based services that facilitate the purchase, management, and renewal of insurance policies, leveraging data analytics and digital tools to enhance customer experience and streamline underwriting processes.
Company News
Roadzen Inc. has signed a definitive agreement to acquire majority control of a commercial auto insurance broker operating across several U.S. states, expanding its U.S. footprint and aiming to transform the $75-80 billion commercial auto insurance market through AI-powered solutions.
Roadzen Inc. (Nasdaq: RDZN), a global leader in AI for insurance and mobility, announced the pricing of a best-efforts offering of 2,222,300 ordinary shares at $2.25 per share, raising approximately $5 million. The company plans to use the proceeds for sales, marketing, R&D, and general corporate purposes.
Three small-cap stocks that have been beaten down in 2024 but are showing positive momentum going into 2025: Roadzen, Fastly, and Navitas Semiconductor.
