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Company Description
The Combination of These Groundbreaking Technologies
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE)— Roadzen Inc. (Nasdaq: RDZN) (” Roadzen” or the “Company”), a global leader in AI at the intersection of insurance and movement, today revealed the integration of DeepSeek’s open-source reasoning model into Roadzen’s just recently introduced MixtapeAI platform. The mix of these groundbreaking technologies, available since today, brings sophisticated reasoning-based AI representative capability to services in the insurance coverage and movement sectors while keeping strict data sovereignty.
Roadzen’s MixtapeAI Platform automates intricate workflows throughout several touchpoints, delivering smart, individualized, and secure client experiences for insurers, brokers, agents, carmakers, and fleets. To date, MixtapeAI has actually leveraged structure models, such as OpenAI, Google, Anthropic, and Meta, and since today it is also 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 deliver intelligent and context conscious agents in intricate workflows. Importantly, all use of MixtapeAI is to our data centers in the United States, Europe, and India, depending on the client places, guaranteeing rigorous information sovereignty as no information takes a trip outside these regional regions.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are exceptionally delighted about DeepSeek’s developments in their advanced models that enable us to lower reasoning costs and provide reasoning traces in our Mixtape representatives. When opportunities arise to improve the quality and expense of our items, we act swiftly to bring them to our clients. By leveraging DeepSeek’s advanced reasoning capabilities in AI agents that manage KYC, onboarding, customer assistance, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade option with total data sovereignty to our customers. Mixtape with DeepSeek R1 is instantly available to our clients globally without rate constraints, and we are currently seeing adoption simply days after launch.
Mr. Malhotra continued, “As structure designs continue to advance in a hyper-competitive landscape, our company believe 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 technology company changing car insurance using innovative artificial intelligence (AI). Countless customers, from the world’s leading insurance companies, carmakers, and fleets to dealers and automobile insurance coverage agents, use Roadzen’s technology to develop new products, offer insurance, process claims, and enhance roadway safety. Roadzen’s pioneering work in telematics, generative AI, and computer vision has earned recognition 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 reasonable, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 employees throughout its worldwide workplaces in the U.S., India, U.K. and France.
To find out more, please go to www.roadzen.ai.
Cautionary Statement Regarding Forward Looking Statements
This news release consists of forward-looking 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 statements on our current expectations and forecasts about future occasions. These positive declarations undergo known and unidentified risks, unpredictabilities and assumptions about us that might trigger our real results, levels of activity, performance or achievements to be materially various from any future outcomes, levels of activity, performance or achievements expressed or suggested by such positive declarations. In some cases, you can recognize positive statements by terminology such as “may,” “should,” “could,” “would,” “anticipate,” “plan,” “anticipate,” “think,” “price quote,” and “continue,” or the unfavorable of such terms or other comparable expressions. Such statements consist of, however are not restricted to, declarations relating to the awaited benefits of our products and services, our anticipated income development, technique, need for our items, expansion strategies, future operations, future operating results, approximated earnings, losses, projected expenses, potential customers, plans and objectives of management, along with all other statements other than statements of historical truth consisted of in this press release. Factors that may trigger or add to such an inconsistency consist of, but are not limited to, those explained in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, consisting of the yearly report on Form 10-K we submitted with the SEC on July 1, 2024. We advise you to consider these elements, threats and uncertainties carefully in evaluating the forward-looking declarations included in this press release. All subsequent written or oral positive declarations attributable to our company or persons acting on our behalf are expressly certified in their entirety by these cautionary declarations. The forward-looking statements included in this press release are made just as of the date of this release. Except as expressly needed by applicable securities law, we disclaim any intention or obligation to upgrade or modify any forward-looking declarations, whether as an outcome of brand-new details, future events or otherwise.