Roadzen to acquire majority control of commercial auto MGU; expects $30M+ premiums, $8M rev, 25% margin

Roadzen Inc.

Target MGU has $15M annualized premium run rate as of Sept 2025, achieved 7 months from first policy.
Adds six new U.S. carrier relationships, 300+ agents/producers, 90+ commercial fleets as clients.
Transaction is non-dilutive for shareholders; expected to close within Q4 2025 subject to customary conditions.
Projected to scale to $150M in gross written premiums within 3 years via Roadzen synergies.

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