Exhibit 99.1 Roadzen Reports Strongest Quarter in Two Years with $14.4 Million Third Quarter Revenue and Sixth Consecutive Quarter of Adjusted EBITDA Improvement Roadzen delivers 18.8% revenue increase and reduces operating loss by 25.4% year-over-year Strategic wins, new contracts and acquisitions, expand Roadzen's U.S. market presence and full-stack operating capabilities, reinforcing its position as a global AI leader at the intersection of insurance and mobility ● Year-over-year Sequential Revenue Growt ...

Core Insights - Roadzen reported an 18.8% increase in revenue year-over-year, reaching $14.4 million in Q3 2025, and a record nine-month revenue of $38.9 million, up 18.3% from the previous year [5][11] - The company reduced its operating loss by 25.4% to $(2.4) million compared to the prior-year quarter, with adjusted EBITDA loss improving by 67.1% to $(0.59) million [5][11] - Roadzen's India subsidiary is valued at approximately $280 million following the acquisition of VehicleCare, which is expected to add around $10 million in high-margin revenue over the next year [14][6] Financial Performance - Q3 revenue increased by $2.3 million, or 18.8%, compared to the same quarter last year, and by approximately $0.7 million, or 4.9%, from Q2 [11][5] - Gross margin for Q3 improved to 63.7% from 55.7% in the previous quarter, while the nine-month gross margin rose to 59.5% from 54.6% year-over-year [11][5] - Total operating expenses for Q3 were approximately $16.7 million, reflecting the consolidation of the China joint venture [11] Strategic Acquisitions - Roadzen completed the acquisition of EliteCover, providing access to the $80 billion U.S. commercial auto insurance market, and signed an agreement to acquire VehicleCare, enhancing its full-stack motor claims capabilities [12][13][6] - The acquisition of VehicleCare will allow Roadzen to manage repair timelines and costs more effectively, achieving over 30% loss cost reduction compared to OEM garages [13][6] Market Position and Growth - Roadzen's AI platform processes over 3 million insurance claims annually, leveraging billions of real-world data points for high-precision decision-making in underwriting and claims automation [6][4] - The company has secured 61 insurance customer agreements and 87 automotive customer agreements, significantly increasing its client base from the previous year [11][5] - Roadzen's CEO highlighted the company's sustained business growth and expanding global customer adoption, emphasizing strong product-market fit across various regions [3][4]

On the opening day of CES 2026, Roadzen (RDZN) entered into a definitive agreement to acquire VehicleCare, an AI-powered vehicle repair and workshop aggregation platform. The acquisition is expected to mark a significant milestone in Roadzen’s evolution, positioning the Company to transform from a claims intelligence provider into a full-stack claims operating system that combines digital claims decisioning with physical repair execution. VehicleCare is a software-enabled automotive repair and claims execu ...

Core Viewpoint - Roadzen Inc. has announced a definitive agreement to acquire VehicleCare, an AI-powered vehicle repair and workshop aggregation platform, marking a significant milestone in its evolution from a claims intelligence provider to a full-stack claims operating system [1][2] Company Overview - Roadzen Inc. operates at the intersection of insurance and mobility, utilizing AI to enhance claims processing and risk management for insurers, automakers, and fleets [11][12] - VehicleCare is an AI-driven platform that digitizes vehicle repair workflows and aggregates independent workshops, optimizing repair processes and improving cost efficiency [14] Acquisition Details - The acquisition is structured as an equity issuance at Roadzen's India subsidiary level, valuing VehicleCare at approximately $277 million, which represents a 50% premium to Roadzen's current public market price [5][8] - The transaction is expected to close within two weeks, subject to customary closing conditions, and will result in approximately 2% dilution at the India subsidiary level, with no dilution at the Nasdaq-listed parent company level [5][16] VehicleCare's Capabilities - VehicleCare's platform includes over 350 independent workshops across 21+ states in India, serving more than 15 insurers and brokers, and has executed over 40,000 claims with a 30% reduction in loss costs compared to OEM garages [3][4] - The platform enables insurers to guarantee repair timelines, which has been a challenge in the industry, and is expected to contribute approximately $10 million in revenue over the next twelve months [4][8] Strategic Implications - The combination of Roadzen and VehicleCare is anticipated to provide insurers with end-to-end control over the motor claims lifecycle, from digital decision-making to physical repair execution, a capability that is rare in the market [7][10] - The acquisition is seen as a natural progression for Roadzen, allowing it to expand its AI capabilities into areas such as parts cataloging and repair intelligence, thereby addressing complex global markets [10]

Core Insights - Roadzen Inc. is set to showcase its DrivebuddyAI platform at CES 2026, emphasizing its unique position as the only driver monitoring system validated under both Indian AIS-184 and EU GSR 2144 standards [2][4] - DrivebuddyAI is designed to enhance driver safety and reduce accidents, with a proven track record of over 70% reduction in accidents across large commercial fleet deployments [5] Company Overview - Roadzen Inc. operates at the intersection of AI, insurance, and mobility, providing technology that helps predict and prevent risks, automate claims, and deliver seamless insurance experiences [6][8] - The company has received recognition as one of the world's top AI innovators from notable publications such as Forbes and Fortune [7] Product Features - DrivebuddyAI utilizes a vision-led, real-time driver monitoring and risk intelligence platform, trained on over 3.5 billion kilometers of real-world driving data [5] - The platform functions as a closed-loop learning system, continuously improving by adapting to new driving environments and behaviors [5] Market Positioning - The presence of DrivebuddyAI at CES 2026 highlights the company's strategy to expand into the U.S. market following successful adoption and regulatory validation in India and Europe [6][4] - Roadzen's technology is utilized by a diverse range of clients, including leading insurers, car manufacturers, and fleets, across North America, Europe, and Asia [8]

Core Insights - Roadzen Inc. has successfully acquired majority control of EliteCover Insurance Solutions, enhancing its position in the U.S. commercial auto insurance market valued at $80 billion in annual Gross Written Premiums (GWP) [2][3] - The acquisition is expected to generate over $8 million in annual revenues within the next twelve months, with Adjusted EBITDA margins exceeding 25% [3][4] - EliteCover has achieved an annualized premium run-rate approaching $20 million since its inception in February 2025, supported by over 90 fleet clients and a pipeline of more than 400 agencies representing over $100 million in potential annual premiums [4] Company Overview - EliteCover operates as a licensed commercial auto insurance broker and managing general underwriter (MGU) across multiple U.S. states, including California, Texas, Illinois, and New Jersey [2][4] - The integration of Roadzen's AI, telematics, and automated claims capabilities with EliteCover's underwriting authority and distribution network aims to enhance predictive underwriting and real-time claims automation [4][5] - Roadzen's technology-led model is positioned to address rising fleet insurance costs and inflationary pressures within the sector [5] Leadership Perspectives - Roadzen's CEO, Rohan Malhotra, emphasized the alignment of EliteCover's disciplined underwriting approach with Roadzen's mission to modernize commercial auto insurance through AI [6] - EliteCover's CEO, Arturo Agredano, expressed enthusiasm about the partnership, highlighting the shared vision to innovate commercial auto underwriting by leveraging AI and telematics [6]

Financial Performance - Revenue for Q2 2025 totaled $13.7 million, a 15.2% increase year-over-year, with six-month revenue rising 18.0% to $24.5 million[10] - Net loss for Q2 narrowed to $(2.1) million, a 90.3% improvement compared to $(21.8) million in the same quarter last year[10] - Adjusted EBITDA loss improved to $(1.1) million from $(2.1) million year-over-year, marking the fifth consecutive quarter of improvement[10] - Total revenue for the three months ended September 30, 2025, was $13,679,267, representing a 15.1% increase from $11,874,098 in the same period of 2024[28] - Net loss attributable to ordinary shareholders for the six months ended September 30, 2025, was $6,113,874, a significant reduction from $70,217,064 in the same period of 2024[30] - Adjusted EBITDA for the three months ended September 30, 2025, was $(1,092,224), an improvement from $(2,123,554) in the same period of 2024[33] - The company reported a basic and diluted net loss per share of $(0.03) for the three months ended September 30, 2025, compared to $(0.32) for the same period in 2024[28] Capital and Funding - Roadzen raised over $9 million in additional capital at premiums to market during the quarter, enhancing balance sheet strength[2] - The company agreed in principle to extend its $11.5 million senior debt facility maturity from December 31, 2025, to June 30, 2027[3] Business Growth and Operations - Roadzen secured a mandate to manage an insurance program for a top auto manufacturer, expected to generate over $20 million in annual Gross Written Premium (GWP)[16] - The company signed a definitive agreement to acquire a U.S.-based commercial auto insurance broker, projected to generate $30 million+ in annual premiums in the first year[22] - Roadzen's brokerage business sold 116,528 policies in Q2, generating $12.4 million of Gross Written Premium, compared to 70,618 policies and $10.1 million in the same quarter last year[10] - As of September 30, 2025, Roadzen had 46 insurance customer agreements and 80 automotive customer agreements, up from 34 and 74 respectively a year prior[10] Assets and Liabilities - Total current assets increased to $34,115,982 as of September 30, 2025, up from $26,954,896 as of March 31, 2025, reflecting a growth of 26.5%[26] - Total liabilities rose to $62,400,719 as of September 30, 2025, compared to $58,270,130 as of March 31, 2025, indicating an increase of 3.9%[26] - The total shareholders' deficit as of September 30, 2025, was $(28,024,204), an increase from $(25,073,897) as of March 31, 2025[26] Research and Development - Research and development expenses for the three months ended September 30, 2025, were $148,529, a decrease of 90.1% from $1,496,600 in the same period of 2024[28] Cash Flow - Cash and cash equivalents at the end of the period (including restricted cash) were $5,193,379, down from $6,009,667 in the same period of 2024[30] Cost Management - Total costs and expenses for the six months ended September 30, 2025, were $30,401,338, down from $74,741,329 in the same period of 2024, reflecting a decrease of 59.3%[28]

Revenue and Growth - Roadzen's IaaS Platform accounted for approximately 57% of revenues for the three months ended September 30, 2025, while Brokerage Solutions accounted for approximately 43%[219][221]. - Revenue for the three months ended September 30, 2025, was $13,679,267, representing a 15% increase from $11,874,098 in the same period of 2024[256]. - For the six months ended September 30, 2025, revenue increased by 18% to $24,544,813 from $20,805,615 in 2024[256]. - Revenue for the three months ending September 30, 2025, increased by $1.8 million, or 15%, compared to the same period in the prior year, primarily due to the consolidation of the Variable Interest Entity in China[258]. - Income from Insurance as a Service increased by $1.9 million, or 31%, for the three months ending September 30, 2025, primarily due to the consolidation of the VIE in China[259]. - For the six months ending September 30, 2025, total revenue increased by $3.7 million, or 18%, compared to the same period in the prior year, driven by the consolidation of the VIE in China and expansion of the distribution network[261]. Customer Agreements and Market Expansion - As of September 30, 2025, Roadzen had 46 insurance customer agreements, 80 automotive customer agreements, and approximately 3,900 agents and fleet customer agreements[230]. - The company aims to leverage its technology platform to expand into new markets and enhance its product offerings in response to the evolving mobility landscape[229]. - The company is focused on expanding its B2B2C model and enhancing customer experience through technology integration and innovative product offerings[229]. Financial Performance and Expenses - Total costs and expenses decreased by 52% to $17,015,443 for the three months ended September 30, 2025, down from $35,415,512 in 2024[256]. - Loss from operations improved significantly to $(3,336,176) for the three months ended September 30, 2025, compared to $(23,541,414) in 2024, marking an 86% reduction[256]. - Research and development costs dropped by 90% to $148,529 for the three months ended September 30, 2025, from $1,496,600 in 2024[256]. - Sales and marketing expenses decreased by 23% to $6,252,328 for the three months ended September 30, 2025, compared to $8,076,959 in 2024[256]. - General and administrative expenses saw a significant reduction of 81%, totaling $3,806,800 for the three months ended September 30, 2025, down from $20,430,960 in 2024[256]. Cash Flow and Financing - For the six months ended September 30, 2025, net cash used in operating activities was $8.9 million, a decrease of $2.3 million compared to $11.2 million for the same period in the prior year[290]. - Cash provided by financing activities was $8.5 million for the six months ended September 30, 2025, mainly from the issuance of Ordinary Shares and equity shares of a subsidiary[297]. - The company anticipates continued operating losses and negative cash flows in the near future due to planned investments, necessitating additional capital resources[286]. - The Company raised gross proceeds of $2,875,000 in December 2024, $5,000,175 in January 2025, $5,500,000 in July 2025, and $8,500,000 in October 2025 through equity sales[35]. Regulatory and Compliance - Roadzen's operations are subject to various regulatory requirements, particularly in India, which could impact its business and financial results if not complied with[233][236]. - The FCA has paused all sales of the Guaranteed Asset Protection (GAP) product effective February 2024, which is expected to impact revenue and profitability significantly[240]. Company Structure and Changes - The company has undergone a merger, changing its name to "Roadzen Inc." and its shares now trade under the ticker symbol "RDZN" on the Nasdaq Global Market[30]. - The Company is classified as an "emerging growth company," allowing it to delay the adoption of certain accounting standards, which may complicate financial comparisons with other public companies[333]. Liabilities and Obligations - The total contractual obligations as of September 30, 2025, amounted to $58.4 million, including $23.2 million in debt and $1.1 million in operating leases[300]. - Total liabilities as of September 30, 2025, were $62,400,719, an increase from $58,270,130 as of March 31, 2025[14]. Stock and Equity - The Company issued an amended warrant to purchase an additional 104,566 Ordinary Shares at an exercise price of $0.001 per share, totaling up to 1,537,083 Ordinary Shares[310]. - The Company may issue up to $50 million in principal amount of December 2023 Convertible Debentures, with an initial closing receiving $400,000[312]. - The Company raised $7 million in total from its India subsidiary financing, representing approximately 8% dilution at the subsidiary level[328].

Core Insights - The company has demonstrated significant growth, reducing its net loss by 90.3% year-over-year and moving closer to Adjusted EBITDA breakeven [2][6] - Revenue for Q2 increased by 25.9% quarter-over-quarter and 15.2% year-over-year, reaching $13.7 million, while six-month revenue rose 18.0% to $24.5 million, marking a record first half [1][12] - The company has strengthened its balance sheet through capital raises exceeding $9 million at premiums to market, indicating strong investor confidence [3][6] Financial Performance - The net loss for Q2 narrowed to $(2.1) million from $(21.8) million in the same quarter last year, reflecting a 90.3% improvement [2][12] - Adjusted EBITDA loss improved to $(1.1) million from $(2.1) million year-over-year, marking a 48.6% year-over-year improvement [2][12] - Gross margin for Q2 was 55.7%, slightly down from 56.1% in the same quarter last year [12] Capital and Debt Management - The company raised over $9 million in additional capital during the quarter, including a $2.25 million private placement at a 20% premium to the closing price [3][12] - An agreement in principle was reached to extend the maturity of an $11.5 million senior debt facility from December 31, 2025, to June 30, 2027, enhancing financial flexibility [4][12] Strategic Developments - Roadzen achieved EU regulatory validation for its DrivebuddyAI platform, which has processed over 3.5 billion kilometers of driving data, demonstrating a 70%+ reduction in accidents [4][18] - The company secured a major European OEM insurance mandate and signed an agreement to acquire a majority interest in a U.S. commercial auto Managing General Underwriter, reinforcing its global leadership [4][19] - Roadzen's brokerage business sold 116,528 policies in Q2, generating $12.4 million in Gross Written Premium, compared to 70,618 policies and $10.1 million in the same quarter last year [12][29]

In-principle approval to extend strengthens Roadzen’s balance sheet, enhances financial flexibility, and follows a series of major commercial and strategic milestones across the U.S., Europe, and IndiaNEW YORK, Nov. 04, 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 that it has reached an agreement in principle with Mizuho Securities USA LLC (“Mizuho”), a leading global investment bank an ...