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  • Founded Date October 28, 2016
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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”), a worldwide leader in AI at the crossway of insurance and mobility, today revealed the combination of DeepSeek’s open-source thinking model into recently introduced MixtapeAI platform. The combination of these groundbreaking technologies, offered as of today, brings sophisticated reasoning-based AI representative ability to organizations in the insurance and mobility sectors while preserving stringent information sovereignty.

Roadzen’s MixtapeAI Platform automates complex workflows throughout numerous touchpoints, providing smart, individualized, and safe and secure client experiences for insurance companies, brokers, agents, carmakers, and fleets. To date, MixtapeAI has leveraged foundation models, such as OpenAI, Google, Anthropic, and Meta, and as of today it is also integrated with DeepSeek R1. With the combination of DeepSeek R1-touted as the world’s most effective open-source advanced reasoning model with traceability – Mixtape can deliver smart and context conscious agents in complicated workflows. Importantly, all usage of MixtapeAI is confined to our data centers in the United States, Europe, and India, depending on the customer places, ensuring stringent data sovereignty as no details travels outside these regional regions.

Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are incredibly excited about DeepSeek’s innovations in their advanced models that allow us to lower reasoning expenses and supply reasoning traces in our Mixtape agents. When chances arise to improve the quality and cost of our products, we act quickly to bring them to our customers. By leveraging DeepSeek’s advanced thinking abilities in AI agents that handle KYC, onboarding, client assistance, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade solution with total data sovereignty to our customers. Mixtape with DeepSeek R1 is immediately offered to our consumers globally without rate restrictions, and we are currently seeing adoption simply days after launch.

Mr. Malhotra continued, “As structure designs continue to advance in a hyper-competitive landscape, our company believe that most of financial value will be understood at the application layer in AI, especially within the insurance coverage and mobility sectors, and we are excited to lead this change.”

About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is a worldwide innovation company transforming auto insurance utilizing innovative expert system (AI). Countless customers, from the world’s leading insurance companies, carmakers, and fleets to dealerships and vehicle insurance coverage agents, utilize Roadzen’s innovation to build new products, offer insurance, process claims, and enhance road safety. Roadzen’s pioneering operate in telematics, generative AI, and computer vision has made recognition as a leading AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s mission is to continue advancing AI research study at the crossway of movement and insurance, introducing a world where accidents are prevented, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 staff members across its global offices in the U.S., India, U.K. and France.

To get more information, please check out www.roadzen.ai.

Cautionary Statement Regarding Forward Looking Statements
This news release includes forward-looking declarations within the significance of Section 27A of the Securities Act of 1933, as changed (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these positive statements on our current expectations and forecasts about future events. These forward-looking declarations undergo recognized and unidentified dangers, uncertainties and assumptions about us that may cause our real outcomes, levels of activity, efficiency or achievements to be materially various from any future results, levels of activity, performance or accomplishments expressed or suggested by such forward-looking statements. Sometimes, you can recognize positive statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “strategy,” “expect,” “believe,” “estimate,” and “continue,” or the negative of such terms or other similar expressions. Such declarations consist of, but are not restricted to, statements concerning the anticipated benefits of our products and options, our expected earnings development, method, need for our products, growth strategies, future operations, future operating results, estimated profits, losses, projected expenses, potential customers, plans and objectives of management, in addition to all other declarations besides statements of historical fact included in this news release. Factors that might trigger or contribute to such a discrepancy consist of, however are not limited to, those explained in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, including the yearly report on Form 10-K we submitted with the SEC on July 1, 2024. We urge you to consider these aspects, threats and unpredictabilities thoroughly in evaluating the forward-looking statements included in this news release. All subsequent written or oral positive statements attributable to our business or individuals acting on our behalf are expressly certified in their entirety by these cautionary statements. The positive statements included in this press release are made only as of the date of this release. Except as expressly needed by appropriate securities law, we disclaim any intent or responsibility to upgrade or modify any forward-looking statements, whether as an outcome of brand-new details, future events or otherwise.