RoadzenRDZN
RDZN
About: Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. The company's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.
Employees: 379
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 2
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
137% more capital invested
Capital invested by funds: $5.78M [Q3] → $13.7M (+$7.89M) [Q4]
28% more funds holding
Funds holding: 36 [Q3] → 46 (+10) [Q4]
2.81% more ownership
Funds ownership: 7.09% [Q3] → 9.9% (+2.81%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for RDZN.
Financial journalist opinion
Based on 3 articles about RDZN published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Roadzen Reports Fiscal Third Quarter and First Nine-Months FY2025 Financial Results
NEW YORK, Feb. 12, 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 its financial results for the three and nine-month periods ended December 31, 2024.
Neutral
GlobeNewsWire
2 weeks ago
Roadzen Strengthens Balance Sheet, Eliminates $5.5 Million in Short-Term Liabilities By Paying $1.65 million in Cash
Roadzen has eliminated a total of $12.6 million in short-term liabilities over the last six months utilizing $1.65 million in cash and approximately 1.2 million ordinary shares priced at $2.80 per share Roadzen has eliminated a total of $12.6 million in short-term liabilities over the last six months utilizing $1.65 million in cash and approximately 1.2 million ordinary shares priced at $2.80 per share
Neutral
GlobeNewsWire
3 weeks ago
Roadzen Adds DeepSeek R1 to Mixtape, Delivering Advanced Reasoning and Data Sovereignty for Insurance and Mobility AI Agents
NEW YORK, Jan. 28, 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 the integration of DeepSeek's open-source reasoning model into Roadzen's recently launched MixtapeAI platform. The combination of these groundbreaking technologies, available as of today, brings advanced reasoning-based AI agent capability to businesses in the insurance and mobility sectors while maintaining strict data sovereignty.
Neutral
GlobeNewsWire
1 month ago
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 were sold by the Company.
Neutral
GlobeNewsWire
1 month ago
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 close on January 6, 2025, subject to satisfaction of customary closing conditions.
Neutral
GlobeNewsWire
1 month ago
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.
Neutral
GlobeNewsWire
2 months ago
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 OEMs Partnership expands global opportunity for Roadzen's AI-powered ADAS and DMS platform for Fleets and OEMs
Neutral
GlobeNewsWire
2 months ago
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 Roadzen to include an additional 4 regional offices, effective January 1, 2025.
Neutral
GlobeNewsWire
2 months ago
Roadzen Inc. Announces Closing of Public Offering
NEW YORK, Dec. 17, 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 closing of its previously announced underwritten public offering of 2,300,000 ordinary shares (or pre-funded warrants (("Pre-funded Warrants")) in lieu thereof), including 300,000 shares sold upon full exercise of the underwriter's option to purchase additional shares (the “Offering”) at a public offering price of $1.25 per share (inclusive of the Pre-Funded Warrant exercise price), for gross proceeds of $2,875,000, before deducting underwriting discounts, commissions and Offering expenses. All of the ordinary shares (and/or Pre-funded Warrants) were sold by the Company.
Neutral
GlobeNewsWire
2 months ago
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 discounts, commissions and offering expenses. All of the ordinary shares (and/or Pre-funded Warrants) are being offered by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares (and/or Pre-funded Warrants) at the public offering price less discounts and commissions, to cover over-allotments. The offering is expected to close on December 17, 2024, subject to satisfaction of customary closing conditions.
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