Overview

  • Founded Date April 7, 1954
  • Sectors IT
  • Posted Jobs 0
  • Viewed 13

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 worldwide leader in AI at the of insurance coverage and movement, today announced the integration of DeepSeek’s open-source thinking model into Roadzen’s recently introduced MixtapeAI platform. The mix of these groundbreaking technologies, offered as of today, brings advanced reasoning-based AI representative ability to companies in the insurance and movement sectors while keeping strict data sovereignty.

Roadzen’s MixtapeAI Platform automates intricate workflows across several touchpoints, providing smart, tailored, and secure consumer experiences for insurance providers, brokers, representatives, carmakers, and fleets. To date, MixtapeAI has actually leveraged structure models, such as OpenAI, Google, Anthropic, and Meta, and since today it is likewise incorporated with DeepSeek R1. With the combination of DeepSeek R1-touted as the world’s most effective open-source advanced reasoning design with traceability – Mixtape can provide smart and context mindful agents in intricate workflows. Importantly, all use of MixtapeAI is confined to our information centers in the United States, Europe, and India, depending upon the customer areas, making sure rigorous information sovereignty as no information takes a trip outside these regional regions.

Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are incredibly delighted about DeepSeek’s innovations in their cutting edge models that allow us to lower inference costs and provide thinking traces in our Mixtape representatives. When opportunities arise to enhance the quality and expense of our products, we act swiftly to bring them to our clients. By leveraging DeepSeek’s innovative thinking abilities in AI representatives that manage KYC, onboarding, client support, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade solution with total data sovereignty to our clients. Mixtape with DeepSeek R1 is right away readily available to our clients worldwide without rate limitations, and we are currently seeing adoption just days after launch.

Mr. Malhotra continued, “As foundation designs continue to advance in a hyper-competitive landscape, our company believe that the bulk of financial worth will be recognized at the application layer in AI, especially within the insurance and movement sectors, and we are thrilled to lead this modification.”

About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is a global technology company transforming automobile insurance using innovative expert system (AI). Countless customers, from the world’s leading insurers, carmakers, and fleets to car dealerships and car insurance representatives, utilize Roadzen’s innovation to develop brand-new items, offer insurance, procedure claims, and enhance road security. Roadzen’s pioneering work in telematics, generative AI, and computer system vision has actually earned 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 crossway of mobility and insurance, introducing a world where mishaps are avoided, premiums are reasonable, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 workers throughout its worldwide workplaces in the U.S., India, U.K. and France.

For more information, please visit www.roadzen.ai.

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This news release consists of forward-looking 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 existing expectations and projections about future occasions. These forward-looking declarations go through known and unknown threats, unpredictabilities and assumptions about us that might cause our actual results, levels of activity, performance or accomplishments to be materially various from any future results, levels of activity, performance or accomplishments expressed or suggested by such positive statements. In many cases, you can recognize forward-looking declarations by terminology such as “may,” “should,” “could,” “would,” “anticipate,” “plan,” “anticipate,” “think,” “estimate,” and “continue,” or the negative of such terms or other comparable expressions. Such declarations include, however are not restricted to, declarations regarding the anticipated advantages of our products and services, our anticipated revenue growth, method, demand for our products, growth plans, future operations, future operating results, estimated earnings, losses, projected expenses, potential customers, plans and objectives of management, as well as all other statements besides declarations of historic fact included in this news release. Factors that might cause or contribute to such a discrepancy include, however are not limited to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, including the annual report on Form 10-K we filed with the SEC on July 1, 2024. We urge you to think about these elements, risks and uncertainties carefully in assessing the positive declarations contained in this news release. All subsequent composed or oral positive declarations attributable to our business or persons acting upon our behalf are expressly qualified in their whole by these cautionary declarations. The positive statements consisted of in this news release are made just as of the date of this release. Except as specifically needed by appropriate securities law, we disclaim any intent or responsibility to update or revise any forward-looking statements, whether as a result of brand-new information, future events or otherwise.