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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”), an international leader in AI at the crossway of insurance and mobility, today revealed the combination of DeepSeek’s open-source thinking design into Roadzen’s just recently introduced MixtapeAI platform. The mix of these groundbreaking innovations, readily available since today, brings sophisticated reasoning-based AI to services in the insurance and mobility sectors while preserving rigorous information sovereignty.
Roadzen’s MixtapeAI Platform automates intricate workflows throughout multiple touchpoints, delivering smart, personalized, and protected client experiences for insurance providers, brokers, representatives, carmakers, and fleets. To date, MixtapeAI has actually leveraged structure models, such as OpenAI, Google, Anthropic, and Meta, and as of today it is also integrated with DeepSeek R1. With the integration of DeepSeek R1-touted as the world’s most powerful open-source advanced reasoning model with traceability – Mixtape can deliver smart and context mindful agents in intricate workflows. Importantly, all usage of MixtapeAI is restricted to our data centers in the United States, Europe, and India, depending on the client places, guaranteeing stringent data sovereignty as no details travels outside these regional regions.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are extremely delighted about DeepSeek’s developments in their modern models that permit us to lower inference costs and offer reasoning traces in our Mixtape representatives. When chances develop to improve the quality and cost of our items, we act swiftly to bring them to our consumers. By leveraging DeepSeek’s sophisticated reasoning capabilities in AI agents that manage KYC, onboarding, customer assistance, sales, and policy administration from quote to claim, we offer a robust, enterprise-grade service with total information sovereignty to our customers. Mixtape with DeepSeek R1 is right away available to our consumers internationally without rate constraints, and we are currently seeing adoption just days after launch.
Mr. Malhotra continued, “As foundation models continue to advance in a hyper-competitive landscape, our company believe that most of financial worth will be understood at the application layer in AI, especially within the insurance coverage and mobility sectors, and we are delighted to lead this modification.”
About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is a global innovation company changing automobile insurance coverage utilizing innovative artificial intelligence (AI). Countless clients, from the world’s leading insurers, carmakers, and fleets to dealerships and automobile insurance agents, utilize Roadzen’s innovation to develop new products, sell insurance, procedure claims, and improve roadway safety. Roadzen’s pioneering work in telematics, generative AI, and computer vision has actually made acknowledgment as a leading AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s mission is to continue advancing AI research study at the intersection of mobility and insurance, ushering in a world where mishaps are prevented, premiums are reasonable, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 employees across its international workplaces in the U.S., India, U.K. and France.
To find out more, please check out 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 amended (the “Exchange Act”). We have based these forward-looking statements on our existing expectations and projections about future occasions. These forward-looking statements go through known and unknown threats, unpredictabilities and assumptions about us that may cause our real results, levels of activity, performance or accomplishments to be materially various from any future results, levels of activity, efficiency or accomplishments expressed or implied by such forward-looking declarations. In some cases, you can determine positive statements by terms such as “may,” “should,” “could,” “would,” “anticipate,” “strategy,” “anticipate,” “believe,” “quote,” and “continue,” or the negative of such terms or other similar expressions. Such declarations include, however are not restricted to, declarations relating to the awaited advantages of our items and options, our expected income development, method, need for our products, growth plans, future operations, future operating results, estimated profits, losses, predicted expenses, prospects, plans and goals of management, in addition to all other declarations other than declarations of historical reality consisted of in this news release. Factors that might cause or contribute to such a discrepancy include, however are not restricted to, those described 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 factors, risks and uncertainties thoroughly in examining the positive statements consisted of in this news release. All subsequent written or oral forward-looking declarations attributable to our business or individuals acting upon our behalf are expressly certified in their totality by these cautionary statements. The forward-looking declarations consisted of in this news release are made only as of the date of this release. Except as expressly required by relevant securities law, we disclaim any objective or commitment to upgrade or revise any forward-looking statements, whether as a result of new info, future events or otherwise.