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Roadzen Inc RDZNW


Primary Symbol: RDZN

Roadzen, Inc. operates an Insurtech company in India, the United States, the United Kingdom, and Europe. The company offers underwriting solutions for cars, drivers and fleets, road safety using app-based, and computer vision-based telematics, such as accident prevention, distraction alerts, and driver coaching, as well as claims management comprising accident scene management, first notice of loss (FNOL), touchless video loss adjustment, and roadside assistance (RSA). Its Insurance as a Service (IaaS) platform products includes Via that is used to inspect a vehicle using computer vision; Global Distribution Network that enables the configuration, customer quote, payment, and administration of any insurance policy with any insurance carrier as the underwriter; and xClaim which enables digital, touchless and real-time resolution of claims from FNOL through payment. It also provides StrandD for digital, real-time dispatch, and tracking for RSA and FNOL during accident claims; Drivebud...


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  • AveragePennyX
Post by AveragePennyon Oct 16, 2025 10:13am
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Post# 36752758

Roadzen’s DrivebuddyAI Secures Six Major E-Commerce Trucking

Roadzen’s DrivebuddyAI Secures Six Major E-Commerce Trucking

NEW YORK, Oct. 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 that its in-cabin intelligence platform, DrivebuddyAI, has signed contracts with six leading SME commercial trucking fleets in India to deploy its advanced Driver Monitoring System (DMS) and Collision Warning AI across more than 1,500 commercial vehicles.

The fleets—Rajam Logistics, DHIR Logistics, New Shree Bombay, ARL Logistics, and M10, among others—operate Volvo and BharatBenz trucks across middle-mile and long-haul cargo corridors. These fleets serve as third-party logistics (3PL) providers for major e-commerce players, where uptime, safety, and compliance are essential.

The contracts include five-year terms, covering full hardware installation and a monthly per-vehicle licensing fee for software and services. The total contract value is expected to be in the mid-seven figures (USD) over the full 5-year period, with all fleets expected to be fully operational with DrivebuddyAI by March 2026. Each vehicle is also connected to DrivebuddyAI’s 24×7 Command Centre, enabling proactive driver monitoring and real-time intervention using AI —including halting vehicles when signs of drowsiness or fatigue are detected, preventing accidents before they happen. Roadzen is also working with select fleet partners to integrate insurance-linked benefits, including safety-based premium discounts and streamlined claims management—a capability made possible through Roadzen’s unique combination of AI, telematics, and insurance infrastructure.

“DrivebuddyAI is gaining a lot of momentum — we are deploying thousands of aftermarket installations within commercial trucking,” said Rohan Malhotra, Founder & CEO of Roadzen. “This cluster of wins came through referrals within the Volvo and BharatBenz trucking fleet community, and shows how smaller, high-performing logistics players are adopting DrivebuddyAI to stay competitive. They’re doing it for safety, efficiency, and to meet the high bar set by India’s fast-scaling logistics networks. DrivebuddyAI’s success in the SME fleet market demonstrates the scalability of our technology and our commitment to the broader trucking ecosystem in India—where over 75% of commercial vehicles are owned by small and mid-sized operators. While large enterprise clients remain important, enabling small and medium fleet operators with affordable, high-performance safety solutions is essential to making India’s roads safer.”

DrivebuddyAI leverages real-time AI to monitor driver alertness, detect risky behavior, and deliver early collision warnings. It integrates seamlessly with existing telematics and fleet management systems, providing actionable insights that reduce accidents and drive continuous improvement in safety and operational performance.

This announcement builds on Roadzen’s momentum following DrivebuddyAI’s European debut at InCabin Europe 2025, where it was recognized for over 3.5 billion kilometers of real-world driving and a 70%+ reduction in accidents. DrivebuddyAI remains the only AI-based driver monitoring solution validated under both India’s AIS-184 and the EU’s GSR 2144 safety standards—underscoring its regulatory readiness across global markets.

 

https://www.globenewswire.com/news-release/2025/10/16/3167929/0/en/Roadzen-s-DrivebuddyAI-Secures-Six-Major-E-Commerce-Trucking-Fleet-Clients-in-Nationwide-Rollout-Across-India.html


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