Roadzen Accelerates Toward Profitability | AI, Insurance & Mobility Growth Highlights | NewsOut
Investors: Roadzen is tightening its grip on the global AI-mobility-insurance market.
From the New York Stock Exchange, NewsOut reports:
Q2 revenue: $13.7 million (+15{d450b60efc35a2e17361b5d57bc194208ff1ac62c46bd45a026f4271e6a4dcc4} YoY)
Fifth straight quarter of adjusted EBITDA improvement
Net loss cut by over 90{d450b60efc35a2e17361b5d57bc194208ff1ac62c46bd45a026f4271e6a4dcc4} year-over-year
On track for adjusted EBITDA breakeven
Strategic highlights:
Buddy AI achieves EU regulatory validation and surpasses 3.5B km of real-world data
European OEM insurance mandate secured
U.S. MGU acquisition expands commercial auto footprint
Rosen continues to scale as a global leader at the crossroads of AI, insurance, and mobility innovation.
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