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Roadzen, Inc. (RDZNW)

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At close: January 10 at 4:00:00 PM EST

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After hours: January 10 at 5:43:17 PM EST

Roadzen Inc. Announces Closing of Public Offering

NEW YORK, Jan. 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 closing of its previously announced public offering of 2,222,300 ordinary shares (the “Offering”) on a best efforts basis at a public offering price of $2.25 per share, for gross proceeds of $5,000,175, before deducting placement agent discounts, commissions and Offering expenses. All of the ordinary shares

GlobeNewswire 6 days ago

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Roadzen Inc. Announces Pricing of Offering

NEW YORK, Jan. 03, 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 pricing of a best-efforts offering of 2,222,300 ordinary shares at a public offering price of $2.25 per share, for gross proceeds of approximately $5,000,000, before deducting placement agent fees and offering expenses. All of the ordinary shares are being offered by the Company. The offering is expected to

GlobeNewswire 10 days ago

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Roadzen Partners with Simple Energy and a Leading Global Reinsurer to Provide AI-Driven Extended Warranty for Electric Two-Wheelers

NEW YORK, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced its partnership with Simple Energy, a new-age player building high-range electric two-wheelers, and a leading global reinsurer to offer extended warranties for Simple Energy’s vehicles. The reinsurer provides the underwriting capacity and is responsible for paying claims. Simple Energy is dedicated to transformin

GlobeNewswire 12 days ago

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Roadzen’s drivebuddyAI Partners with Bosch to Advance AI-Driven Road Safety

Partnership expands global opportunity for Roadzen’s AI-powered ADAS and DMS platform for Fleets and OEMsNEW YORK, Dec. 19, 2024 (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’s AI- powered Advanced Driver Assistance System (ADAS) platform, drivebuddyAI, has entered into a partnership with Bosch, one of the world’s largest suppliers of automotive components and industrial pr

GlobeNewswire 24 days ago

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Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in India

NEW YORK, Dec. 18, 2024 (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 its existing client National Insurance Company Ltd. (“NICL”) has expanded the geographical scope for Roadzen’s AI powered XClaim Product. NICL has a total of 34 Regional Offices, of which 10 joined Roadzen’s AI-powered XClaim platform. Based upon strong performance, NICL has expanded its contract with Roadze

GlobeNewswire 25 days ago

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Roadzen Inc. Announces Pricing of Public Offering

NEW YORK, Dec. 15, 2024 (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 pricing of an underwritten public offering of 2,000,000 ordinary shares (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) at a public offering price of $1.25 per share (inclusive of the Pre-Funded Warrant exercise price), for gross proceeds of $2,500,000, before deducting underwriting discount

GlobeNewswire 28 days ago

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Roadzen Wins Prestigious IFTA Excellence in InsurTech Award

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, announced that it was honored today with the IFTA Excellence in InsurTech award by the India FinTech Forum. The award recognizes Roadzen’s outstanding achievements in demonstrating exceptional innovation, efficiency, and customer impact in the insurance industry. The IFTA Excellence in InsurTech Award is presented annually by th

GlobeNewswire last month

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Roadzen and Mizuho Agree To Extend Senior Debt Maturity by Full year to December 31, 2025

NEW YORK, Dec. 12, 2024 (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, a leading global investment bank and securities firm, to extend the maturity date of its $11.5 million 15% senior secured notes by one year, to December 31, 2025, providing additional financial flexibility for the Company. The completi

GlobeNewswire last month

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Roadzen Partners with Cimarron Underwriters, LLC to Secure MGA Licensing Capabilities Across All 50 U.S. States

NEW YORK, Dec. 11, 2024 (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 executed a Memorandum of Understanding (MOU) for a partnership with Cimarron Underwriters, LLC (“Cimarron”). Through this proposed partnership, Roadzen will leverage Cimarron’s nationwide Managing General Agent (MGA) licenses and infrastructure to expand the distribution of its insurance offerings acr

GlobeNewswire last month

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Roadzen’s National Automobile Club Signs Contract with Motive, One of the Largest AI-powered Fleet Management Companies

New partnership delivers emergency roadside assistance and towing services with substantial savings to all Motive customersNEW YORK, Dec. 10, 2024 (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 partnered with Motive, the AI-powered Integrated Operations Platform, to provide roadside assistance and towing services to Motive’s customer base that spans more than one million

GlobeNewswire last month

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Motive Adds New Roadside Assistance As Fleet Safety Leaders Prepare for Dangerous Winter Season & Beyond

SAN FRANCISCO, December 10, 2024--Motive, the AI-powered Integrated Operations Platform, today announced the launch of Motive Roadside Assistance, a comprehensive 24/7/365 roadside support service designed to improve driver safety and operational efficiency. The new service, combined with Motive’s First Responder, strengthens and expands Motive’s comprehensive safety solution by getting drivers the help they need faster, even in remote, hard-to-reach locations. Available through a strategic part

Business Wire last month

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Roadzen Chosen by One of the World’s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance

NEW YORK, Dec. 09, 2024 (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 a leading liquefied petroleum gas (LPG) supplier in India—a wholly owned subsidiary of one of the world’s largest LPG companies—will outfit its entire truck fleet with Roadzen’s drivebuddyAI. The system will monitor driver fatigue and provide real-time feedback to drive improvements in safety and compliance.

GlobeNewswire last month

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Roadzen’s DrivebuddyAI Secures India’s Only ARAI Certification for AI-Powered Advanced Driver Safety; Surpasses One Billion Kilometers of Real-World Driving Data

NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the convergence of insurance and mobility, today announced two major milestones: its proprietary, computer vision-powered Advanced Driver Assistance System (ADAS) platform, DrivebuddyAI, has become the first-ever system to receive Automotive Research Association of India (ARAI) certification under India’s Automotive Industry Standard 184 (AIS 184) and has crossed one bil

GlobeNewswire last month

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Roadzen, Inc. (NASDAQ:RDZN) Just Reported, And Analysts Assigned A US$5.00 Price Target

There's been a notable change in appetite for Roadzen, Inc. ( NASDAQ:RDZN ) shares in the week since its quarterly...

Simply Wall St. last month

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Roadzen Second Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Roadzen ( NASDAQ:RDZN ) Second Quarter 2025 Results Key Financial Results Revenue: US$11.9m (down 23% from 2Q 2024...

Simply Wall St. last month

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Roadzen Reports Fiscal Second Quarter and First Half FY2025 Financial Results

Revenue Growth: Achieved second-quarter FY25 revenue of $11.9 million, a 33% increase from the first quarter’s revenue of $8.9 million.Improved Path to Profitability: Reported a net loss of $21.8 million, primarily impacted by non-cash, non-recurring, and extraordinary items, resulting in an Adjusted EBITDA¹ loss of $2.1 million, an improvement from the previous quarter's Adjusted EBITDA loss of $2.8 million, reflecting a 25% sequential reduction powered by adoption of AI in reducing operating c

GlobeNewswire last month

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Roadzen Unveils MixtapeAI: Next-Generation AI Agents for the Insurance Industry

NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a pioneer in AI-driven insurance technology, has launched MixtapeAI, a platform designed to power AI agents and transform customer interactions in the insurance and mobility sectors. With MixtapeAI, insurers, brokers, agents, carmakers, and fleets can deliver intelligent, personalized, and secure customer experiences while automating complex workflows across multiple touchpoints. MixtapeAI: Driv

GlobeNewswire 2 months ago

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Roadzen to Present at the ThinkEquity Investor Conference October 30, 2024

NEW YORK, Oct. 18, 2024 (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 will be participating in The ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York. The ThinkEquity Conference gathers institutional investors, corporate clients, and other industry professionals to highlight groundbreaking innovations and financial strategies. Rohan Malho

GlobeNewswire 2 months ago

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Roadzen’s Insiders and Major Shareholders Agree to Extend Lock-Up for an Additional Year

NEW YORK, Sept. 24, 2024 (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 all its major shareholders known to own more than 5% of the Company’s common stock, holders of a majority of its shares held by other shareholders and all company insiders have agreed to extend their lock-up agreements by another twelve months, to September 20, 2025. This represents shareholders owning over

GlobeNewswire 3 months ago

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Roadzen to Present at the H.C. Wainwright 26th Annual Global Investment Conference September 9th-11th, 2024

Company Recently Won the Prestigious World Auto Forum 2024 Award for Best Product & Business Team in Auto & Mobility TechNEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced Rohan Malhotra, Founder and Chief Executive Officer, will deliver a corporate presentation on Monday, September 9 at 11:00 A.M. ET as well as host 1x1 meetings at the H. C. Wainwright 26th Ann

GlobeNewswire 4 months ago

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Roadzen, Inc. (RDZNW)

Roadzen Inc. Announces Closing of Public Offering

Roadzen Inc. Announces Pricing of Offering

Roadzen Partners with Simple Energy and a Leading Global Reinsurer to Provide AI-Driven Extended Warranty for Electric Two-Wheelers

Roadzen’s drivebuddyAI Partners with Bosch to Advance AI-Driven Road Safety

Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in India

Roadzen Inc. Announces Pricing of Public Offering

Roadzen Wins Prestigious IFTA Excellence in InsurTech Award

Roadzen and Mizuho Agree To Extend Senior Debt Maturity by Full year to December 31, 2025

Roadzen Partners with Cimarron Underwriters, LLC to Secure MGA Licensing Capabilities Across All 50 U.S. States

Roadzen’s National Automobile Club Signs Contract with Motive, One of the Largest AI-powered Fleet Management Companies

Motive Adds New Roadside Assistance As Fleet Safety Leaders Prepare for Dangerous Winter Season & Beyond

Roadzen Chosen by One of the World’s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance

Roadzen’s DrivebuddyAI Secures India’s Only ARAI Certification for AI-Powered Advanced Driver Safety; Surpasses One Billion Kilometers of Real-World Driving Data

Roadzen, Inc. (NASDAQ:RDZN) Just Reported, And Analysts Assigned A US$5.00 Price Target

Roadzen Second Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Roadzen Reports Fiscal Second Quarter and First Half FY2025 Financial Results

Roadzen Unveils MixtapeAI: Next-Generation AI Agents for the Insurance Industry

Roadzen to Present at the ThinkEquity Investor Conference October 30, 2024

Roadzen’s Insiders and Major Shareholders Agree to Extend Lock-Up for an Additional Year

Roadzen to Present at the H.C. Wainwright 26th Annual Global Investment Conference September 9th-11th, 2024