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Recent Updates — RDZN

August 13, 2026View Source ↗

Roadzen Inc. reported record first-quarter fiscal 2027 revenue of $16.2 million, a 49% increase year-over-year from $10.9 million, marking the best quarter in company history. The company exited the quarter with an annualized revenue run rate of approximately $65 million and secured over $30 million in new contracted revenue. Adjusted EBITDA loss narrowed to $(0.37) million, a 73% improvement year-over-year, driven by operating leverage despite a reported net loss of $(9.8) million due to a $7.2 million non-cash fair-value adjustment on financial instruments. Roadzen also signed a definitive agreement to acquire a leading European MGA specializing in short-term car rental insurance, expected to add $18–20 million in annual revenue and $1.6–2.0 million in EBITDA upon closing in early Q3 FY2027. Additionally, the company completed an $8.0 million institutional equity financing during the quarter. Roadzen Inc. operates in the insurance technology sector, providing AI-driven solutions for risk prediction, claims automation, and embedded insurance experiences.

July 9, 2026View Source ↗

Roadzen Inc. through its subsidiary Roadzen Technologies Limited, entered into a Share Purchase Agreement to acquire Riverside International Holdings Ltd for a total purchase price of up to £12 million. The transaction includes £6 million payable at closing and the remaining £6 million subject to performance milestones over three years. Roadzen Inc. operates in the technology and insurance sector, providing solutions for the car rental industry.