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Founded Date 13/12/1967
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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“), an international leader in AI at the intersection of and movement, today revealed the combination of DeepSeek’s open-source thinking design into Roadzen’s recently released MixtapeAI platform. The mix of these groundbreaking technologies, readily available since today, brings advanced reasoning-based AI agent capability to businesses in the insurance coverage and movement sectors while maintaining strict information sovereignty.
Roadzen’s MixtapeAI Platform automates complicated workflows across multiple touchpoints, providing smart, personalized, and protected consumer experiences for insurance companies, brokers, agents, carmakers, and fleets. To date, MixtapeAI has leveraged foundation designs, such as OpenAI, Google, Anthropic, and Meta, and as of today it is likewise integrated with DeepSeek R1. With the combination of DeepSeek R1-touted as the world’s most effective open-source advanced reasoning model with traceability – Mixtape can deliver intelligent and context aware 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 client places, guaranteeing stringent information sovereignty as no information travels outside these regional areas.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, „We are exceptionally excited about DeepSeek’s innovations in their state-of-the-art designs that allow us to lower inference costs and provide reasoning traces in our Mixtape agents. When chances arise to improve the quality and expense of our products, we act quickly to bring them to our customers. By leveraging DeepSeek’s innovative thinking abilities in AI representatives that manage KYC, onboarding, client assistance, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade service with complete data sovereignty to our clients. Mixtape with DeepSeek R1 is instantly readily available to our customers internationally without rate restrictions, and we are currently seeing adoption just days after launch.
Mr. Malhotra continued, „As structure models continue to advance in a hyper-competitive landscape, our company believe that most of economic worth will be recognized at the application layer in AI, particularly within the insurance coverage and mobility sectors, and we are delighted to lead this modification.“
About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is a worldwide innovation company transforming car insurance coverage using advanced expert system (AI). Countless customers, from the world’s leading insurance companies, carmakers, and fleets to dealerships and automobile insurance coverage agents, utilize Roadzen’s innovation to build new products, sell insurance coverage, procedure claims, and enhance road security. Roadzen’s pioneering operate in telematics, generative AI, and computer system 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 crossway of mobility and insurance, introducing a world where accidents are prevented, premiums are reasonable, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 staff members across its international offices in the U.S., India, U.K. and France.
To read more, please check out www.roadzen.ai.
Cautionary Statement Regarding Forward Looking Statements
This news release consists of positive statements within the significance 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 amended (the „Exchange Act“). We have based these positive declarations on our current expectations and projections about future occasions. These forward-looking statements are subject to known and unknown threats, uncertainties and assumptions about us that might cause our real outcomes, levels of activity, performance or achievements to be materially different from any future outcomes, levels of activity, efficiency or accomplishments expressed or indicated by such positive statements. Sometimes, you can recognize positive declarations by terminology such as „may,“ „should,“ „could,“ „would,“ „anticipate,“ „plan,“ „prepare for,“ „believe,“ „price quote,“ and „continue,“ or the negative of such terms or other similar expressions. Such declarations consist of, but are not restricted to, declarations regarding the awaited benefits of our products and services, our expected revenue growth, strategy, need for our products, growth plans, future operations, future operating results, approximated incomes, losses, predicted expenses, prospects, strategies and goals of management, in addition to all other declarations aside from statements of historic reality consisted of in this news release. Factors that may trigger or contribute to such an inconsistency consist of, but are not restricted to, those explained in „Risk Factors“ in our Securities and Exchange Commission („SEC“) filings, consisting of the annual report on Form 10-K we filed with the SEC on July 1, 2024. We advise you to consider these aspects, threats and unpredictabilities thoroughly in evaluating the forward-looking declarations contained in this news release. All subsequent composed or oral forward-looking statements attributable to our business or persons acting upon our behalf are expressly certified in their totality by these cautionary statements. The forward-looking declarations consisted of in this news release are made just as of the date of this release. Except as expressly needed by applicable securities law, we disclaim any intent or obligation to update or revise any forward-looking statements, whether as a result of new information, future occasions or otherwise.