Sep. 17 at 3:27 PM
$RDZN NEW YORK, Sept. 16, 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 successful first close of its previously-announced India subsidiary financing, raising
$4.5 million at a pre-money valuation of the subsidiary of
$84 million. Due to strong investor demand, the raise has been upsized to approximately
$7 million, with a second close expected shortly.
The financing establishes a standalone valuation for Roadzen's India business at nearly 25% above the Nasdaq-listed parent Company's current market capitalization. The subsidiary's valuation implies a
$2.00 per share price for Roadzen's Nasdaq-listed shares. The first close was anchored by some of India's leading asset managers, including Quant AMC, Team India, Valentis Advisors, and Prime Securities Group.
