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Definitive Agreement for acquisition of VehicleCare is expected to extend Roadzen’s claims intelligence platform into on-ground repair execution, enabling end-to-end control over repair timelines, quality, and cost outcomes for insurers
VehicleCare is expected to contribute approximately $10 million of revenue over the twelve months following closing
Transaction consideration to be paid in stock at Roadzen’s India subsidiary, valuing Roadzen India at approximately $277 million (₹2,495 crore, or ~$3.50 per share), representing an approximately 50% premium to Roadzen’s current public market price, with no dilution to shareholders at the Nasdaq-listed parent.
LAS VEGAS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- On the opening day of CES 2026, Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global AI company operating at the intersection of insurance and mobility, announced it has entered into a definitive agreement to acquire VehicleCare, an AI-powered vehicle repair and workshop aggregation platform.
The acquisition is expected to mark a significant milestone in Roadzen’s evolution, positioning the Company to transform from a claims intelligence provider into a full-stack claims operating system that combines digital claims decisioning with physical repair execution. VehicleCare is a software-enabled automotive repair and claims execution platform built on a proprietary Workshop Management System (“WMS”). Rather than owning garages, VehicleCare aggregates and coordinates a national network of independent workshops through software, enabling scalable execution without asset ownership.
VehicleCare’s platform capabilities:
Connects vehicle owners, insurers, brokers, and workshops within a single end-to-end workflow
Routes approved claims directly from insurers into repair execution
Optimizes parts sourcing and labor allocation using AI
Tracks repairs in real time with full transparency and auditability
Delivers predictable turnaround times and consistent repair quality
VehicleCare’s national network in India includes 350+ independent workshops across 21+ states, serving 15+ insurers, 15+ brokers, and 10+ fleet operators. To date, VehicleCare has executed over 40,000 claims, achieving over 30% reduction in loss cost versus OEM garages, while delivering faster-than-benchmark repair outcomes with reduced fraud and cost leakage.
This execution layer is expected to enable Roadzen to offer insurers repair timeline guarantees, a capability that has historically been difficult to deliver reliably at scale. VehicleCare is currently breakeven under GAAP accounting on a standalone basis and is expected to contribute approximately $10 million of revenue over the next twelve months, with additional potential upside driven by expected integration synergies.
The transaction has been structured as an equity issuance at Roadzen’s India subsidiary level to VehicleCare’s shareholders, including its founders. Roadzen India subsidiary shares to be issued as consideration are expected to be valued at approximately $277 million, resulting in approximately 2% dilution at the India subsidiary level. The transaction is not expected to result in any dilution at the Nasdaq-listed parent company level, with Roadzen’s public parent expected to retain approximately 91.0% ownership of the India subsidiary once the transaction closes. The transaction is expected to close within approximately two weeks, subject to customary closing conditions.
Motor insurance claims globally face a persistent structural challenge: while insurers have digitized portions of claims processing, the physical execution of repairs remains fragmented, opaque, and difficult to control. Delays, inconsistent quality, inflated costs, and limited visibility during repairs continue to impact customer experience and loss ratios.
Roadzen operates at the claims intelligence layer, enabling insurers to assess damage, benchmark repair costs, detect fraud, and manage claims workflows using AI and data. VehicleCare operates at the repair execution layer, using software and AI to manage how vehicles are actually repaired on the ground. Together, Roadzen and VehicleCare are expected to offer insurers end-to-end ownership of the motor claims lifecycle — from digital decisioning to physical repair execution and outcome assurance — a differentiated capability that few platforms globally can deliver at scale.
Transaction Summary and Revenue Outlook:
Structure: Equity issuance at the India subsidiary level; no dilution at the Nasdaq-listed parent
India valuation: ~₹2,495 crore (~$277 million; ~$3.50 per share), representing a ~50% premium to prevailing public market price of Roadzen’s public parent for the India business alone
Ownership impact: ~2% dilution at the India subsidiary level; Roadzen’s public parent expected to retain approximately 91.0% of the India subsidiary after this transaction
Revenue and Profitability: Expected to add approximately $10 million in revenue over the next twelve months post-closing and integration, and is expected to be profitable under GAAP accounting rules.
“This combination feels like a natural next step for us,” stated Arvind Verma, CEO of VehicleCare. “Roadzen’s platform allows us to build AI far beyond repair execution — across complex and under-digitized areas such as parts cataloging, repair intelligence, fleet operations, and large-scale execution workflows. These are massive global markets that are extremely difficult to solve in isolation. Together, we are excited to build the most comprehensive repair execution platform in India and, over time, expand into Roadzen’s global markets where scale and margins can be significantly higher.”
Rohan Malhotra, Founder and CEO of Roadzen commented, “We have known Arvind, Amit, and Inderjit – the founders of VehicleCare as exceptional operators over the last three years building critical digital infrastructure in the vehicle repair ecosystem. They have built a high-quality platform with deep, ground-level understanding of workshops, repair cycles, parts sourcing, insurer coordination, and on-the-ground sales execution — capabilities that are structurally difficult to replicate. Importantly, this transaction values our India business at a meaningful premium to our parent company’s current market price, and VehicleCare founders and investors are rolling their equity into Roadzen India, aligning themselves with the combined platform for the long-term. By bringing this execution layer into Roadzen, we are adding the final missing piece - transforming us into a full-stack claims infrastructure partner and advancing our ambition to become the global leader at the intersection of AI, insurance, and mobility.”