Roadzen Inc (OQ:RDZN)

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
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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

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