Sector: Financials | Industry: Property & Casualty Insurance |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 111 Anza Blvd., Suite 109 BURLINGAME CA 94010 |
Tel: | N/A |
Website: | https://www.vahannatech.com |
IR: | See website |
Key People | ||
Rohan Malhotra Chief Executive Officer, Director | Jean-Noel Gallardo Chief Financial Officer | Ankur Kamboj Chief Operating Officer | Xavier Blanchard Global Head - Strategy and Insurance |
Business Overview |
Roadzen Inc. is an insurance technology company. The Company's technology is used by various clients to build new products, sell insurance, process claims and improve road safety. These clients include insurers, fleets, carmakers, small fleets, brokers and insurance agents. Its products include Mantis Telematics Platform, xClaim, VIA, SurePrice and StrandD. Mantis Telematics Platform offers 360 contextual driver risk assessment for UBI/BBI along with accident prevention and fleet management solutions to suit requirements of all varieties of private and commercial vehicles and drivers. xClaim is an end-to-end claims management platform that enables insurers to fast-track motor claim processing. VIA assesses the value of a vehicle through inspection in record time. SurePrice end to end portfolio management platform. StrandD is a RSA management platform that helps log, track and manage assistance services while providing timely service updates to customers. |
Financial Overview |
For the nine months ended 31 December 2023, Roadzen Inc revenues increased from $8.6M to $36.7M. Net loss applicable to common stockholders increased from $9.6M to $65.7M. Revenues reflect Insurance Agents, Brokers & Service segment increase from $5.9M to $36.7M. Higher net loss reflects Insurance Agents, Brokers & Service segment loss increase from $5.8M to $42.7M. |
Employees: | 324 as of Mar 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $234.11M as of Dec 31, 2023 |
Annual revenue (TTM): | $41.73M as of Dec 31, 2023 |
EBITDA (TTM): | -$44.55M as of Dec 31, 2023 |
Net annual income (TTM): | -$70.25M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4.71M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $8.26M as of Dec 31, 2023 |
Shares outstanding: | 68,440,829 as of Feb 12, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |