Roadzen Inc (OQ:RDZN)
Business Focus: Insurance - Automobile
| Sector: Financials | Industry: Property & Casualty Insurance |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 111 Anza Blvd., Suite 109 BURLINGAME CA 94010 |
| Tel: | N/A |
| Website: | https://www.vahannatech.com |
| IR: | See website |
| Key People | ||
| Rohan Malhotra Chief Executive Officer, Director | Jean-Noel Gallardo Chief Financial Officer | Ankur Kamboj Chief Operating Officer | Xavier Blanchard Global Head - Strategy and Insurance |
| Business Overview |
| Roadzen Inc. (Roadzen) is a global technology company engaged in transforming auto insurance using advanced artificial intelligence (AI). The Company has built a technology platform that uses telematics, computer vision and data science to develop solutions across the insurance value chain, namely underwriting, distribution, claims and road safety. Roadzen's Insurtech platform provides solutions in relation to insurance products, including distribution, pre-inspection assistance, telematics, claims submission and administration, and roadside assistance. Clients use Roadzen's technology to build new products, sell insurance, process claims and improve road safety. Its products include Via, xClaim, StrandD, Good Driving and others. Roadzen's clients include insurers, carmakers and fleets to small and medium fleets, dealerships and insurance agents. Roadzen has operations in the United States, India, the United Kingdom and France. |
| Financial Overview |
| For the nine months ended 31 December 2023, Roadzen Inc revenues increased from $8.6M to $36.7M. Net loss applicable to common stockholders increased from $9.6M to $65.7M. Revenues reflect Insurance Agents, Brokers & Service segment increase from $5.9M to $36.7M. Higher net loss reflects Insurance Agents, Brokers & Service segment loss increase from $5.8M to $42.7M. |
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