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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 global leader in AI at the intersection of insurance coverage and mobility, today revealed the combination of DeepSeek’s open-source reasoning design into Roadzen’s just recently released MixtapeAI platform.
The combination of these groundbreaking technologies, readily available as of today, brings sophisticated reasoning-based AI representative ability to businesses in the insurance coverage and movement sectors while preserving strict information sovereignty.
Roadzen’s MixtapeAI Platform automates complicated workflows across several touchpoints, providing smart, individualized, and safe and secure client experiences for insurance companies, brokers, representatives, carmakers, and fleets. To date, MixtapeAI has actually leveraged foundation models, such as OpenAI, Google, Anthropic, and Meta, and as of today it is likewise incorporated with DeepSeek R1.
With the integration of DeepSeek R1-touted as the world’s most powerful open-source advanced thinking design with traceability – Mixtape can deliver intelligent and context aware representatives in intricate workflows.
Importantly, all usage of MixtapeAI is confined to our data centers in the United States, Europe, and India, depending upon the customer places, guaranteeing stringent data sovereignty as no information travels outside these regional areas.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are incredibly thrilled about DeepSeek’s developments in their state-of-the-art models that allow us to lower reasoning expenses and supply thinking traces in our Mixtape representatives. When opportunities occur to improve the quality and expense of our products, we act promptly to bring them to our customers. By leveraging DeepSeek’s advanced thinking abilities in AI agents that deal with KYC, onboarding, consumer assistance, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade service with complete data sovereignty to our customers. Mixtape with DeepSeek R1 is right away available to our clients globally without rate constraints, and we are already seeing adoption simply days after launch.
Mr. Malhotra continued, “As structure designs to advance in a hyper-competitive landscape, we believe that the bulk of financial value will be understood at the application layer in AI, especially within the insurance coverage and mobility sectors, and we are delighted to lead this change.”
About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is a worldwide technology business changing automobile insurance utilizing innovative expert system (AI). Countless clients, from the world’s leading insurers, carmakers, and fleets to dealers and auto insurance representatives, utilize Roadzen’s innovation to construct brand-new products, sell insurance, process claims, and improve roadway security. Roadzen’s pioneering work in telematics, generative AI, and computer system vision has actually earned acknowledgment as a top AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s objective is to continue advancing AI research at the crossway of mobility and insurance coverage, introducing 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 staff members throughout its global 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 press release includes forward-looking declarations 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 modified (the “Exchange Act”). We have actually based these forward-looking declarations on our existing expectations and projections about future occasions. These positive declarations go through known and unknown threats, unpredictabilities and presumptions about us that might cause our actual outcomes, levels of activity, efficiency or achievements to be materially various from any future results, levels of activity, efficiency or achievements revealed or implied by such forward-looking declarations. Sometimes, you can identify positive statements by terminology such as “may,” “should,” “could,” “would,” “anticipate,” “plan,” “prepare for,” “think,” “estimate,” and “continue,” or the negative of such terms or other similar expressions. Such declarations include, however are not limited to, declarations relating to the anticipated benefits of our products and solutions, our anticipated profits development, technique, demand for our products, growth strategies, future operations, future operating results, approximated profits, losses, forecasted expenses, potential customers, plans and goals of management, along with all other declarations aside from statements of historic reality included in this press release. Factors that may trigger or contribute to such a disparity consist of, however are not restricted to, those explained in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, including the yearly report on Form 10-K we submitted with the SEC on July 1, 2024. We advise you to consider these factors, risks and unpredictabilities carefully in examining the positive statements contained in this press 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 declarations included in this news release are made only since the date of this release. Except as expressly required by applicable securities law, we disclaim any intent or responsibility to update or revise any forward-looking statements, whether as a result of new details, future occasions or otherwise.