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Founded Date 07/04/1918
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Sectors Accounting / Finance
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Posted Jobs 0
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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 worldwide leader in AI at the crossway of insurance coverage and mobility, today announced the integration of DeepSeek’s open-source thinking model into Roadzen’s just recently introduced MixtapeAI platform. The combination of these groundbreaking innovations, available as of today, brings sophisticated reasoning-based AI representative ability to companies in the insurance coverage and movement sectors while maintaining stringent data .
Roadzen’s MixtapeAI Platform automates complicated workflows throughout multiple touchpoints, providing smart, customized, and safe customer experiences for insurers, brokers, agents, carmakers, and fleets. To date, MixtapeAI has leveraged foundation designs, such as OpenAI, Google, Anthropic, and Meta, and since today it is also integrated with DeepSeek R1. With the combination of DeepSeek R1-touted as the world’s most powerful open-source advanced thinking model with traceability – Mixtape can deliver smart and context aware agents in complicated workflows. Importantly, all use of MixtapeAI is confined to our data centers in the United States, Europe, and India, depending upon the client locations, ensuring stringent information sovereignty as no info travels outside these local regions.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, „We are incredibly excited about DeepSeek’s innovations in their advanced models that enable us to lower reasoning expenses and offer reasoning traces in our Mixtape agents. When opportunities arise to enhance the quality and expense of our items, we act promptly to bring them to our consumers. By leveraging DeepSeek’s sophisticated thinking abilities in AI representatives that manage KYC, onboarding, customer support, sales, and policy administration from quote to claim, we offer a robust, enterprise-grade solution with complete information sovereignty to our customers. Mixtape with DeepSeek R1 is instantly readily available to our customers internationally without rate constraints, and we are currently seeing adoption just days after launch.
Mr. Malhotra continued, „As structure models continue to advance in a hyper-competitive landscape, we think that most of economic worth will be understood at the application layer in AI, particularly within the insurance and mobility sectors, and we are delighted to lead this change.“
About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is a worldwide innovation company transforming automobile insurance utilizing advanced expert system (AI). Thousands of customers, from the world’s leading insurance providers, carmakers, and fleets to dealerships and automobile insurance representatives, use Roadzen’s innovation to construct brand-new items, sell insurance, process claims, and improve road safety. Roadzen’s pioneering operate in telematics, generative AI, and computer system vision has earned acknowledgment as a leading AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s objective is to continue advancing AI research at the intersection of movement and insurance coverage, ushering in 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 workers across its international offices 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 forward-looking declarations within the significance of Section 27A of the Securities Act of 1933, as amended (the „Securities Act“), and Section 21E of the Securities Exchange Act of 1934, as changed (the „Exchange Act“). We have actually based these positive statements on our current expectations and forecasts about future events. These positive statements undergo recognized and unknown risks, uncertainties and assumptions about us that might cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or suggested by such forward-looking statements. In many cases, you can recognize positive declarations by terminology such as „may,“ „should,“ „could,“ „would,“ „expect,“ „strategy,“ „prepare for,“ „believe,“ „estimate,“ and „continue,“ or the unfavorable of such terms or other similar expressions. Such statements consist of, however are not restricted to, declarations concerning the expected advantages of our items and services, our expected profits development, method, need for our products, growth strategies, future operations, future operating results, estimated incomes, losses, predicted expenses, potential customers, strategies and goals of management, along with all other statements other than declarations of historical reality consisted of in this press release. Factors that may cause or contribute to such a discrepancy include, however are not restricted to, those explained in „Risk Factors“ in our Securities and Exchange Commission („SEC“) filings, consisting of the yearly report on Form 10-K we filed with the SEC on July 1, 2024. We urge you to consider these elements, risks and unpredictabilities carefully in examining the positive declarations included in this news release. All subsequent written or oral positive statements attributable to our company or persons acting upon our behalf are specifically qualified in their totality by these cautionary statements. The positive statements consisted of in this press release are made just since the date of this release. Except as expressly required by suitable securities law, we disclaim any intention or obligation to update or revise any positive statements, whether as a result of brand-new information, future events or otherwise.