Roadzen Completes First Close of Its India Subsidiary Financing and Upsizes Round to $7 Million Due to Strong Investor Demand

NEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced the successful first close of its previously-announced India subsidiary financing, raising $4.5 million at a pre-money valuation of the subsidiary of $84 million. Due to strong investor demand, the raise has been upsized to approximately $7 million, with a second close expected shortly.