$RDZN Roadzen Completes $7 Million India Financing
Post# of 109425

https://www.globenewswire.com/news-release/20...arket.html
With $11.5 Million Raised This Quarter, Roadzen Fully Funds Path to Adjusted EBITDA Breakeven
NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced the final closing of its previously announced India subsidiary financing, raising the full $7 million. The round, which was increased from $4.5 million due to strong investor demand, establishes a valuation of $91 million for the standalone India business.
India, which represents roughly 60% of Roadzen’s global business, provides an independent benchmark that implies a valuation of approximately $2 per share for the Nasdaq-listed parent — an almost 100% premium to its recent trading price and a strong signal of investor confidence in the company’s fundamentals.
The financing was led by leading institutions including Team India, Quant AMC, Valentis Advisors, Prime Securities Group, and also brought in marquee investors including Utpal Sheth and Anand Jain, among others. Structured as straight common equity, the raise resulted in no dilution to shareholders of the Nasdaq-listed parent company and approximately ~8% dilution at the subsidiary level.
Proceeds are expected to fuel Roadzen’s projected 50%+ revenue growth in India and accelerate its global AI initiatives, including DrivebuddyAI — the only government-validated ADAS platform positioned to capture more than one million new commercial vehicles annually under new AIS-184 safety mandates.
Rohan Malhotra, Founder and CEO of Roadzen, commented, “Completing this financing round at such a premium to our public market capitalization underscores the strength of Roadzen’s business and the confidence long-term investors have in our strategy. Our operations are now fully funded to achieve Adjusted EBITDA breakeven, which we expect to deliver by the quarter ending December 2025.”
Mr. Malhotra continued, “Our peers in India trade at 8–20x revenue multiples. Bringing in some of India’s top investors — who understand the market, believe in the story, and will help us grow the business — is a tremendous outcome. Given these comps, we believe our India business still remains undervalued, but this price discovery is an important milestone for our shareholders. With this strengthened capital base, we are positioned to scale aggressively in India and expand our AI leadership globally.”
Prime Securities Limited acted as the exclusive investment bank on the transaction.

