Roadzen, Inc.·Technology

NEW YORK, May 19, 2026 (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 Founder and CEO Rohan Malhotra will present at the William Blair 46th Annual Growth Stock Conference in Chicago, Illinois on June 3, 2026 at 12:40 p.m. CT. Management will also host one-on-one investor meetings throughout the day.

AI-powered platform connects insurance claims directly to parts supply and garage execution, addressing one of the largest structural inefficiencies in India's auto repair value chain AI-powered platform connects insurance claims directly to parts supply and garage execution, addressing one of the largest structural inefficiencies in India's auto repair value chain

NEW YORK, May 04, 2026 (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 institutional investors for the purchase and sale of 4,705,870 ordinary shares at an offering price of $1.70 per share, in a registered direct offering (the “Offering”).

Roadzen will join senior AI, automaker and mobility executives at a private, invite-only reception hosted by Business Sweden at the World of Volvo on May 4, ahead of VECS 2026, the Nordics' flagship automotive conference, as Europe emerges as a major market for the Company on the back of two global OEM insurance wins and drivebuddyAI regulatory tailwinds ahead of the EU GSR 2144 and EU NCAP 2026 in-cabin safety mandates.

Capacity expected to scale to $50 million over three years; program anticipated to contribute approximately $6 million in revenue in Year 1, scaling alongside capacity Roadzen's U.S. producer and agency network has more than $50 million in committed premium demand for the program NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), a global leader in AI at the convergence of insurance and mobility, today announced that its U.S. operations have signed a Letter of Intent (LOI) with a leading U.S. commercial insurance carrier for a dedicated commercial auto insurance program. The LOI contemplates $30 million in annual underwriting capacity in Year 1, scaling to $50 million over three years, supporting Roadzen's expansion in the U.S. commercial auto insurance market.

drivebuddyAI to deploy six-camera ADAS across 3,000 heavy-duty truck fleet — with expansion potential to 10,000 vehicles over five years — won on the strength of drivebuddyAI's patented AI capabilities and selected after rigorous evaluation by one of India's most safety-focused fleet operators.
RoadZen, lnc. provides an online on-demand roadside assistance services with a network of towing and roadside repair providers in India. The company suite enables Insurers and Automotive OEMs with real-time customer interactions, rapid claims processing, and better risk underwriting services. It also offers services in the areas of towing and removal, battery jumpstart, flat tire support, locked out/lost keys, fuel problems, and roadside assistance. The company was incorporated in 2015 and is based in New Delhi, India.
Technology
Software - Application
368
2022-01-13
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