NEW YORK, June 03, 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 its DrivebuddyAI platform has been granted a patent in India for its Real-Time Driver Drowsiness Detection Algorithm. DrivebuddyAI’s patented system leverages AI and computer vision to monitor over 92 real-time eye and facial cues, enabling early detection of driver fatigue and triggering instant alerts—helping prevent ...

NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the intersection of insurance and mobility, announced today that it has been invited to present at the "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow," presented by Maxim Group LLC, on Tuesday, June 3rd – Thursday, June 5th at 9:00 a.m. EDT. Roadzen Inc. (Nasdaq: RDZN) is a global technology company transforming auto insurance using advanced artificial int ...

NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the intersection of insurance and mobility, announced today that its wholly owned UK-based subsidiary, Global Insurance Management Limited (“GIM”), has partnered with one of the world’s largest telematics providers to deliver an integrated, technology-led vehicle protection solution for the UK automotive retail and finance markets. The new solution combines real-time telematics-enabl ...

Core Viewpoint - Roadzen Inc. has filed a lawsuit against Meteora Capital Partners for breach of contract related to a Forward Purchase Agreement, claiming damages of approximately $19.5 million [1][3][4] Group 1: Lawsuit Details - The lawsuit is based on a Forward Purchase Agreement signed in August 2023, where Meteora acquired 5 million shares of Roadzen at a zero-cost basis [2] - Roadzen alleges that Meteora sold over 1.8 million shares without fulfilling its payment obligations or providing required notices, leading to significant financial damage [3][4] - The case is currently pending in the Circuit Court of Palm Beach County, Florida [5] Group 2: Company Background - Roadzen Inc. is a global leader in AI-driven mobility and insurance technology, focusing on transforming auto insurance through advanced AI solutions [6] - The company serves a diverse clientele, including insurers, car manufacturers, and auto insurance agents, and has been recognized as a top AI innovator by various publications [6] - Roadzen's mission is to enhance road safety and streamline insurance processes, aiming for rapid claims processing and fair premiums [6]

New draft regulations mandating AIS-184 and other road safety technologies for commercial vehicles, combined with Roadzen's status as the only certified player, open up large market opportunity NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the intersection of insurance and mobility, announced today that it is positioned to benefit from the recent draft regulations issued by India's Ministry of Road Transport and Highways (MoRT ...

NEW YORK, March 19, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (NASDAQ:RDZN) ("Roadzen" or the "Company"), a global leader in AI-driven mobility and insurance solutions, today announced it has been selected by India's largest general insurance company to manage its Roadside Assistance program for a second consecutive 3-year term. The insurer, with a global Gross Written Premium (GWP) of $5 billion and approximately 6.4 million motor policy holders, reaffirmed its confidence in Roadzen's technology following a ri ...

NEW YORK, March 19, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI-driven mobility and insurance solutions, today announced it has been selected by India’s largest general insurance company to manage its Roadside Assistance program for a second consecutive 3-year term. The insurer, with a global Gross Written Premium (GWP) of $5 billion and approximately 6.4 million motor policy holders, reaffirmed its confidence in Roadzen’s technology following a r ...

NEW YORK, March 11, 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 its drivebuddyAI platform has been granted a patent in India for its Cognitive Assessment of Risk for Drivers (CARD) scoring system, with patents pending in the U.S. and Europe. While traditional driver scoring models focus on isolated risks such as hard braking and speeding, drivebuddyAI’s Cognitive Assessment of Ris ...

Core Insights - Roadzen Inc. has received a patent in India for its drivebuddyAI platform's Cognitive Assessment of Risk for Drivers (CARD) scoring system, with pending patents in the U.S. and Europe [1] - The CARD system offers a comprehensive risk assessment by analyzing multiple simultaneous hazards, unlike traditional models that focus on isolated risks [2][3] - The system has demonstrated a 70% reduction in accidents through its integrated approach, which combines various data streams into a contextual algorithm [3] - Roadzen's drivebuddyAI is the first system validated under India's AIS 184 standard, which will be mandatory for all six million commercial vehicles in India by 2026 [3] - The company aims to transform the insurance and mobility sectors, which collectively exceed a trillion dollars in annual spending, by enhancing road safety and improving underwriting precision [4] Company Overview - Roadzen Inc. is a global technology company focused on transforming auto insurance through advanced AI, serving clients including leading insurers, carmakers, and fleets [5] - The company has been recognized as a top AI innovator by major publications and is headquartered in Burlingame, California, with 320 employees across global offices [5]

Core Insights - Roadzen Inc. has been recognized as the Best AI in Deep Tech at the Entrepreneur AI Awards Summit 2025 for its MixtapeAI, which enhances customer experience in auto insurance and mobility through automation of complex workflows [1] - The company has achieved over $50 million in recurring revenue, positioning itself as a leader in the integration of AI within the insurance sector [2] Company Overview - Roadzen Inc. is a global technology company focused on transforming auto insurance using advanced AI, serving thousands of clients including leading insurers, carmakers, and fleets [2] - The company is headquartered in Burlingame, California, and employs 320 people across its offices in the U.S., U.K., and India [2] - Roadzen's mission is to advance AI research at the intersection of mobility and insurance, aiming for rapid claims processing and fair premiums [2]