Roadzen Onboards New Commercial Auto Insurance Partner in India, Projected to Deliver Over $10 Million in Annual Revenue

June 12, 2024

https://www.globenewswire.com/news-release/2024/06/12/2897704/0/en/Roadzen-Onboards-New-Commercial-Auto-Insurance-Partner-in-India-Projected-to-Deliver-Over-10-Million-in-Annual-Revenue.html

NEW YORK, June 12, 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 a significant partnership with a leading commercial auto-focused agency network in India. This alliance onboards over 1,200 agents in 18 states across India to the Roadzen platform and aims to deliver coverage for more than 300,000 vehicles annually. This collaboration is projected to generate approximately $65 million in gross written premiums annually, adding upwards of $10 million to Roadzen’s annual revenue run rate over the next year.

Read more at globenewswire.com

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