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. (NASDAQ: RDZN) announced the acquisition of VehicleCare, an AI-powered vehicle repair platform, for approximately $277 million in stock. The deal values Roadzen's India business at a 50% premium to its current public market price with no dilution to the parent company. VehicleCare is expected to contribute $10 million in revenue post...
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 has acquired a majority stake in a California-based commercial auto insurance MGU, expanding its U.S. operations and aiming to grow gross written premium to $200 million within three years.
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.
Roadzen, a global leader in AI-powered insurance and mobility solutions, has partnered with Simple Energy, an electric two-wheeler manufacturer, and a leading global reinsurer to offer an AI-driven extended warranty for Simple Energy's vehicles. The partnership aims to address the complexities of underwriting electric vehicles and provide a seaml...
