Additional $4 Million and Extension of Maturity on Existing $7.5 Million FacilityNEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc.(Nasdaq: RDZN) ("Roadzen" or the "Company"), a global leader in AI at the convergence of insurance and mobility, today announced that it secured an extension of the maturity date and an additional $4.0 million of capital from Mizuho Securities USA LLC, a leading global investment bank and securities firm.
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As Roadzen’s technology continues to gain market traction, these steps are important in paving the way to achieving a market valuation that reflects our potential,” commented Rohan Malhotra, Roadzen’s founder & CEO.About Roadzen Inc.Roadzen Inc.(Nasdaq: RDZN) is a global technology company transforming auto insurance using advanced artificial intelligence (AI).
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