Roadzen Inc.

Roadzen Inc. announced that its drivebuddyAI platform has secured an agreement valued at approximately $5.3 million (₹50 crore) with a leading Indian electric commercial vehicle leasing and fleet operator. This deal involves deploying drivebuddyAI's six-camera ADAS solution across 3,600 electric buses and trucks, with an initial deployment of 1,300 vehicles. This marks the second major fleet order for drivebuddyAI in Roadzen's FY 2027, highlighting the platform's growing commercial momentum in India's rapidly electrifying commercial vehicle market.

Roadzen Inc. announced that its U.S. roadside assistance subsidiary, National Automobile Club (NAC), signed a commercial contract worth approximately $1.2 million in annual revenue. This agreement designates NAC as the exclusive roadside assistance provider embedded within a client's consumer mobile application, serving over 500,000 users. The contract leverages Roadzen's AI-powered StrandD platform for a fully digital service, aligning with the company's strategic goal to make the U.S. its largest market within two to three years.

Roadzen Inc.'s fleet safety subsidiary drivebuddyAI has been granted a patent for its Real-Time Automotive Lane Region of Interest (ROI) Detection System, marking a significant advancement in ADAS precision and a foundational element for next-generation autonomous driving. This patented technology features innovations such as automated frame validation, vehicle-specific ROI adaptation, and a dual-camera architecture, designed to perform reliably across diverse and challenging road conditions. The system is compatible with Level 2/3 autonomy and holds dual regulatory credentials from India (AIS-184) and Europe (EU GSR 2144, Euro NCAP). Additionally, drivebuddyAI demonstrated pre-compliant driver and occupant monitoring systems, including alcohol impairment detection, at InCabin USA 2026.

Roadzen Inc. announced its inclusion in the preliminary additions list for the Russell 2000® and Russell 3000® Indexes, effective June 26, 2026, which is expected to drive broader institutional awareness and investor exposure. This announcement coincides with significant commercial and product momentum across its global businesses. Key highlights include securing a $30 million insurance capacity commitment in the U.S. with an expected $6 million revenue in Year 1, winning a $2.5 million fleet safety contract, and securing a major claims mandate in India projected to generate over $10 million in annual revenue. The company also expanded its OEM embedded insurance partnerships in Europe, secured new contracts totaling $2.5 million in projected annual revenue, and completed an $8 million registered direct offering.

Roadzen Inc. entered into a Third Amendment to its Securities Purchase Agreement and Junior Convertible Notes, deferring several installment payments due in April and May 2026 to July 20, 2026. The amendment also added dilutive issuance protection to the November Note, removed a holder optional redemption provision, and extended the investor's right to participate in future financings until December 20, 2027. Additionally, Roadzen is now required to seek shareholder approval for the issuance of ordinary shares upon conversion of the notes if it exceeds 20% of the total ordinary shares outstanding as of November 20, 2025.

Roadzen Inc. announced its partnership with Anthropic PBC, an AI safety company, as an early launch partner for Anthropic's Managed Agents Platform (MAP). Leveraging this platform, Roadzen is launching new AI agents for insurance underwriting and claims, integrating its proprietary AI models with Anthropic's Claude reasoning layer. The company views this collaboration as a significant advancement in its strategy to build a comprehensive suite of AI agents for the global insurance industry.

Roadzen Inc. announced that its AI-powered vehicle repair platform, VehicleCare, has entered a strategic partnership with TEMOT International, a global network of automotive parts distributors. This collaboration aims to integrate India's fragmented motor insurance and auto parts markets, which are valued at US$13.2 billion and US$80.2 billion respectively. By aligning TEMOT's distributor network with VehicleCare's garage connectivity, the partnership is expected to improve parts availability, pricing economics, and repair cycle times for participating facilities and insurers.

Roadzen Inc. announced the pricing and closing of a registered direct offering, selling 4,705,870 ordinary shares at $1.70 per share. The offering generated gross proceeds of approximately $8.0 million before deducting fees and expenses. The company intends to use the net proceeds for working capital, general corporate purposes, and potentially to repay outstanding indebtedness. Maxim Group LLC acted as the sole placement agent for the offering.

Roadzen Inc. announced it has entered into a securities purchase agreement with institutional investors for a registered direct offering. The company will sell 4,705,870 ordinary shares at an offering price of $1.70 per share, expecting to raise approximately $8.0 million in gross proceeds. The offering is anticipated to close on or about May 5, 2026, subject to customary closing conditions.

Roadzen Inc. announced its participation in VECS 2026, the Nordics' leading automotive conference, and a private reception hosted by Business Sweden. The company highlighted Europe as a major market, driven by two recent embedded insurance mandates with global automotive manufacturers in continental Europe (September 2025) and the United Kingdom (April 2026). Additionally, Roadzen's drivebuddyAI Driver Monitoring System (DMS) has been validated for compliance with the European Union General Safety Regulation (EU GSR 2144) and India's AIS-184.