New to The Street's Client Roadzen (NASDAQ: RDZN) Named to the Fintech40 Index of Global Fintech Leaders by L'Observatoire de la Fintech
NEW YORK, NY / ACCESS Newswire / March 7, 2025 / New to The Street, a leading financial news program featuring innovative companies and industry leaders, is proud to announce its client, Roadzen, Inc.'s (NASDAQ:RDZN) inclusion in the prestigious L'Observatoire de la Fintech's Fintech40 Index. The Fintech40 Index, introduced by L'Observatoire de la Fintech, is a benchmark that tracks the stock performance of 40 leading publicly traded fintech companies worldwide. Established in 2018, this index offers insights into how these companies are reshaping the $30 trillion global financial services industry.
Commenting on the announcement, Rohan Malhotra, Founder and CEO of Roadzen said, 'Roadzen's recognition as one of the six Insurtechs included is an incredible achievement. Being the youngest public company on the index alongside global leaders like PayPal, Intuit, Coinbase, and Adyen reflects our growth and impact. We are delighted to be a part of the index with such iconic companies.'
Roadzen is a global leader in AI-driven solutions at the intersection of insurance and mobility. Over the last year, Roadzen has introduced several new innovations, including MixtapeAI, an AI platform leveraging large language models (LLMs) to revolutionize customer interactions, underwriting, and claims workflows. Additionally, its drivebuddyAI platform became the first ADAS system in India to meet AIS 184 Certification standards for commercial vehicles.
About Roadzen Inc.
Roadzen Inc. (Nasdaq:RDZN) is a global technology company transforming auto insurance using advanced artificial intelligence (AI). Thousands of clients, from the world's leading insurers, carmakers, and fleets to dealerships and auto insurance agents, use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. Roadzen's pioneering work in telematics, generative AI, and computer vision has earned recognition 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 intersection of mobility and insurance, ushering in a world where accidents are prevented, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 320 employees across its global offices in the U.S., U.K. and India. To learn more, please visit www.roadzen.ai.
About New to The Street
New to The Street is one of the longest-running U.S. and international financial news programs, airing across major business networks, including Fox Business and Bloomberg Television. As a programming platform, New to The Street provides public and private companies with earned media, commercial production, and strategic exposure to a global audience. With a growing social media presence of over 2.4 million YouTube subscribers and a multi-channel distribution strategy, New to The Street is recognized as a premier media platform for emerging brands and industry disruptors.
Cautionary Statement Regarding Forward Looking Statements
This press release includes forward-looking statements within the meaning 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 amended (the 'Exchange Act'). We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'should,' 'could,' 'would,' 'expect,' 'plan,' 'anticipate,' 'believe,' 'estimate,' and 'continue,' or the negative of such terms or other similar expressions. Such statements include, but are not limited to, statements regarding the anticipated benefits of our products and solutions, our expected revenue growth and anticipated Adjusted EBITDA breakeven timing, strategy, demand for our products, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management, as well as all other statements other than statements of historical fact included in this press release. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in 'Risk Factors' in our Securities and Exchange Commission ('SEC') filings, including the annual report on Form 10-K we filed with the SEC on July 1, 2024. We urge you to consider these factors, risks and uncertainties carefully in evaluating the forward-looking statements contained in this press release. All subsequent written or oral forward-looking statements attributable to our company or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements included in this press release are made only as of the date of this release. Except as expressly required by applicable securities law, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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