Roadzen Reports $13.7 Million Second Quarter Revenue, a 15.2% Improvement Over Prior Year Quarter, and Fifth Consecutive Quarter of Adjusted EBITDA Improvement

Roadzen Inc., an AI company at the intersection of insurance and mobility, reported fiscal Q2 revenue of $13.7 million, up 15.2% year over year and 25.9% quarter over quarter, alongside its fifth straight quarter of adjusted EBITDA improvement. The company reduced its net loss to $2.1 million from $21.8 million a year ago. Management said over $9 million in capital was raised during the quarter at premiums to market and that an $11.5 million senior debt facility is expected to be extended to June 30, 2027. Roadzen highlighted growth milestones including EU regulatory validation for DrivebuddyAI, surpassing 3.5 billion kilometers of driving data, and securing a major European OEM insurance mandate. The company also disclosed it signed a definitive agreement to acquire a majority interest in a U.S. commercial auto Managing General Underwriter, positioning it to expand its product and distribution footprint in commercial auto insurance. CEO Rohan Malhotra said the company continues to strengthen its balance sheet and pipeline, setting up for accelerated momentum in the second half.