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Founded Date March 10, 2018
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Sectors Restaurant Services
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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 and mobility, today announced the combination of DeepSeek’s open-source thinking model into Roadzen’s just recently released MixtapeAI platform. The mix of these groundbreaking innovations, available as of today, brings innovative reasoning-based AI representative capability to organizations in the insurance and mobility sectors while preserving strict information sovereignty.
Roadzen’s MixtapeAI Platform automates complex workflows across multiple touchpoints, providing smart, individualized, and safe and secure consumer experiences for companies, brokers, representatives, carmakers, and fleets. To date, MixtapeAI has leveraged structure designs, such as OpenAI, Google, Anthropic, and Meta, and as of today it is also 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 mindful agents in intricate workflows. Importantly, all use of MixtapeAI is restricted to our data centers in the United States, Europe, and India, depending on the client areas, guaranteeing stringent data sovereignty as no info travels outside these regional regions.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are incredibly delighted about DeepSeek’s innovations in their modern designs that allow us to lower reasoning expenses and offer reasoning traces in our Mixtape agents. When opportunities arise to improve the quality and cost of our items, we act quickly to bring them to our customers. By leveraging DeepSeek’s advanced thinking abilities in AI agents that deal with KYC, onboarding, client assistance, sales, and policy administration from quote to claim, we use a robust, enterprise-grade solution with complete information sovereignty to our clients. Mixtape with DeepSeek R1 is instantly offered to our clients worldwide without rate restrictions, and we are already seeing adoption just days after launch.
Mr. Malhotra continued, “As structure models continue to advance in a hyper-competitive landscape, we believe that the majority of economic value will be understood at the application layer in AI, especially within the insurance coverage and mobility sectors, and we are excited to lead this change.”
About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is an international technology business transforming car insurance coverage utilizing sophisticated expert system (AI). Thousands of clients, from the world’s leading insurance companies, carmakers, and fleets to dealers and automobile insurance representatives, utilize Roadzen’s innovation to construct brand-new items, sell insurance coverage, process claims, and improve road safety. Roadzen’s pioneering operate in telematics, generative AI, and computer system vision has actually earned recognition as a leading AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s mission is to continue advancing AI research at the crossway of movement and insurance coverage, ushering in 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 employees across its global offices in the U.S., India, U.K. and France.
For more information, please go to www.roadzen.ai.
Cautionary Statement Regarding Forward Looking Statements
This news release includes forward-looking statements within the meaning 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 modified (the “Exchange Act”). We have actually based these positive statements on our present expectations and projections about future occasions. These positive declarations undergo known and unidentified dangers, uncertainties and assumptions about us that might trigger our real outcomes, levels of activity, efficiency or accomplishments to be materially various from any future results, levels of activity, efficiency or achievements revealed or suggested by such forward-looking declarations. In many cases, you can determine forward-looking statements by terms such as “may,” “should,” “could,” “would,” “expect,” “strategy,” “expect,” “think,” “estimate,” and “continue,” or the unfavorable of such terms or other comparable expressions. Such declarations include, but are not restricted to, statements regarding the expected advantages of our items and solutions, our expected profits growth, strategy, need for our items, expansion plans, future operations, future operating results, estimated revenues, losses, forecasted costs, potential customers, plans and goals of management, along with all other declarations aside from statements of historic reality consisted of in this press release. Factors that might trigger or add to such an inconsistency consist of, however are not restricted to, those described 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 prompt you to consider these elements, risks and uncertainties carefully in examining the positive declarations consisted of in this press release. All subsequent written or oral positive statements attributable to our company or persons acting upon our behalf are expressly certified in their entirety by these cautionary declarations. The forward-looking declarations included in this news release are made just since the date of this release. Except as specifically required by suitable securities law, we disclaim any intent or commitment to upgrade or revise any forward-looking statements, whether as a result of new info, future events or otherwise.