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Founded Date 1979-11-30
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Company Description
The Combination of These Groundbreaking Technologies
NEW YORK CITY, Jan. 28, 2025 (GLOBE NEWSWIRE)— Roadzen Inc. (Nasdaq: RDZN) (” Roadzen” or the “Company”), a global leader in AI at the crossway of insurance coverage and mobility, today announced the combination of DeepSeek’s open-source thinking design into Roadzen’s recently introduced MixtapeAI platform. The combination of these groundbreaking innovations, available since today, brings innovative reasoning-based AI agent ability to in the insurance and movement sectors while maintaining rigorous data sovereignty.
Roadzen’s MixtapeAI Platform automates intricate workflows across numerous touchpoints, providing smart, individualized, and protected client experiences for insurance companies, brokers, representatives, carmakers, and fleets. To date, MixtapeAI has leveraged structure designs, such as OpenAI, Google, Anthropic, and Meta, and as of today it is also incorporated with DeepSeek R1. With the integration of DeepSeek R1-touted as the world’s most powerful open-source advanced thinking model with traceability – Mixtape can deliver smart and context mindful representatives in complicated workflows. Importantly, all use of MixtapeAI is restricted to our information centers in the United States, Europe, and India, depending upon the customer locations, guaranteeing strict data sovereignty as no info travels outside these local regions.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are incredibly delighted about DeepSeek’s innovations in their cutting edge models that enable us to lower inference expenses and offer reasoning traces in our Mixtape representatives. When chances develop to enhance the quality and cost of our items, we act promptly to bring them to our consumers. By leveraging DeepSeek’s sophisticated thinking abilities in AI representatives that deal with KYC, onboarding, consumer support, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade service with complete data sovereignty to our customers. Mixtape with DeepSeek R1 is instantly offered to our clients internationally without rate limitations, and we are already seeing adoption simply days after launch.
Mr. Malhotra continued, “As structure models continue to advance in a hyper-competitive landscape, we believe that most of financial worth will be realized at the application layer in AI, especially within the insurance and movement sectors, and we are excited to lead this change.”
About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is an international innovation business changing vehicle insurance coverage using innovative artificial intelligence (AI). Countless clients, from the world’s leading insurance companies, carmakers, and fleets to dealerships and vehicle insurance coverage representatives, utilize Roadzen’s technology to build brand-new items, offer insurance coverage, procedure claims, and improve road security. Roadzen’s pioneering work in telematics, generative AI, and computer vision has made recognition as a top AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s objective is to continue advancing AI research study at the intersection of movement and insurance coverage, introducing a world where accidents are avoided, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 employees across its global workplaces in the U.S., India, U.K. and France.
For more information, please see www.roadzen.ai.
Cautionary Statement Regarding Forward Looking Statements
This news release includes positive statements within the meaning of Section 27A of the Securities Act of 1933, as modified (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as changed (the “Exchange Act”). We have actually based these forward-looking statements on our current expectations and forecasts about future occasions. These positive declarations undergo recognized and unknown risks, uncertainties and presumptions about us that might cause our actual outcomes, levels of activity, performance or accomplishments to be materially various from any future outcomes, levels of activity, efficiency or accomplishments revealed or indicated by such positive statements. Sometimes, you can determine forward-looking declarations by terms such as “may,” “should,” “could,” “would,” “anticipate,” “strategy,” “prepare for,” “think,” “price quote,” and “continue,” or the unfavorable of such terms or other similar expressions. Such declarations include, however are not limited to, declarations relating to the expected advantages of our items and options, our expected revenue growth, technique, demand for our products, expansion strategies, future operations, future operating results, approximated profits, losses, projected costs, prospects, plans and objectives of management, in addition to all other declarations aside from declarations of historical fact included in this press release. Factors that might trigger or contribute to such a discrepancy include, but are not limited to, those explained in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, consisting of the annual report on Form 10-K we submitted with the SEC on July 1, 2024. We urge you to consider these aspects, dangers and unpredictabilities carefully in examining the positive declarations contained in this news release. All subsequent written or oral forward-looking statements attributable to our company or persons acting upon our behalf are specifically qualified in their entirety by these cautionary declarations. The forward-looking statements consisted of in this press release are made only as of the date of this release. Except as expressly needed by relevant securities law, we disclaim any intention or responsibility to update or revise any forward-looking statements, whether as a result of brand-new info, future events or otherwise.