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Overview

  • Founded Date April 2, 1975
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Company Description

The Combination of These Groundbreaking Technologies

NEW YORK CITY, Jan. 28, 2025 (GLOBE NEWSWIRE)– Roadzen Inc. (Nasdaq: RDZN) (” Roadzen” or the “Company”), an international leader in AI at the crossway of insurance coverage and movement, today revealed the integration of DeepSeek’s open-source reasoning model into Roadzen’s recently launched MixtapeAI platform. The mix of these groundbreaking innovations, readily available as of today, brings innovative reasoning-based AI representative capability to companies in the insurance and mobility sectors while preserving rigorous information sovereignty.

Roadzen’s MixtapeAI Platform automates intricate workflows throughout numerous touchpoints, delivering smart, individualized, and safe client experiences for insurance providers, brokers, representatives, carmakers, and fleets. To date, MixtapeAI has actually leveraged foundation designs, such as OpenAI, Google, Anthropic, and Meta, and since today it is likewise incorporated with DeepSeek R1. With the integration of DeepSeek R1-touted as the world’s most effective open-source advanced reasoning design with traceability – Mixtape can provide intelligent and context mindful representatives in intricate workflows. Importantly, all use of MixtapeAI is restricted to our data centers in the United States, Europe, and India, depending upon the client areas, guaranteeing stringent information sovereignty as no info travels outside these local regions.

Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are exceptionally excited about DeepSeek’s innovations in their advanced models that enable us to lower reasoning costs and offer thinking traces in our Mixtape agents. When opportunities emerge to improve the quality and cost of our products, we act swiftly to bring them to our customers. By leveraging DeepSeek’s advanced reasoning capabilities in AI agents that manage KYC, onboarding, client assistance, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade option with complete information sovereignty to our customers. Mixtape with DeepSeek R1 is right away offered to our customers globally without rate restrictions, and we are already seeing adoption just days after launch.

Mr. Malhotra continued, “As structure designs to advance in a hyper-competitive landscape, we think that most of economic value will be recognized at the application layer in AI, especially within the insurance coverage and movement sectors, and we are delighted to lead this change.”

About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is an international technology business changing auto insurance coverage utilizing innovative expert system (AI). Countless clients, from the world’s leading insurers, carmakers, and fleets to car dealerships and auto insurance agents, use Roadzen’s technology to construct brand-new items, offer insurance coverage, process claims, and improve road safety. Roadzen’s pioneering operate in telematics, generative AI, and computer system vision has earned acknowledgment as a top AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s mission is to continue advancing AI research at the crossway of movement and insurance coverage, introducing a world where accidents are avoided, premiums are reasonable, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 staff members throughout its global offices in the U.S., India, U.K. and France.

To find out more, please go to www.roadzen.ai.

Cautionary Statement Regarding Forward Looking Statements
This news release includes positive statements within the significance of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as changed (the “Exchange Act”). We have based these forward-looking statements on our present expectations and forecasts about future events. These forward-looking statements go through known and unknown risks, unpredictabilities and presumptions about us that may cause our real outcomes, levels of activity, performance or accomplishments to be materially various from any future outcomes, levels of activity, performance or achievements expressed or implied by such positive statements. Sometimes, you can determine positive statements by terminology such as “may,” “should,” “could,” “would,” “anticipate,” “plan,” “anticipate,” “believe,” “estimate,” and “continue,” or the unfavorable of such terms or other similar expressions. Such statements include, however are not restricted to, statements regarding the anticipated advantages of our items and solutions, our anticipated income development, technique, need for our products, growth plans, future operations, future operating results, approximated revenues, losses, projected expenses, potential customers, strategies and goals of management, along with all other statements besides declarations of historical reality consisted of in this news release. Factors that might cause or contribute to such a disparity include, however are not limited to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, consisting of the annual report on Form 10-K we submitted with the SEC on July 1, 2024. We urge you to consider these factors, dangers and uncertainties carefully in assessing the forward-looking statements consisted of in this press release. All subsequent composed or oral positive declarations attributable to our company or individuals acting on our behalf are specifically qualified in their totality by these cautionary statements. The positive declarations consisted of in this news release are made just as of the date of this release. Except as expressly needed by appropriate securities law, we disclaim any intention or commitment to upgrade or modify any forward-looking statements, whether as an outcome of new information, future events or otherwise.