Xavier Blanchard
The application confirms the resignation by Mr. Blanchard from his role as Global Head of Strategy and Insurance.
Highest-materiality recent filing
Roadzen amends convertible notes: defers $5.6M installments to July 2026, adds dilution protection
Deferred $5.6M Nov Note installments (April/May) and $5.6M Jan Note payment (May) to July 20, 2026.
Roadzen partners with Anthropic, launches AI agents on Managed Agents Platform for insurance
Company is a beta testing partner of Anthropic, receiving early access to the Managed Agents Platform (MAP) before its public beta on May 6, 2026.
Roadzen prices $8M registered direct offering of 4.7M shares at $1.70
Offering of 4,705,870 ordinary shares at $1.70/share for gross proceeds of ~$8.0 million.
Roadzen's VehicleCare wins contract with major Indian insurer; expects >$10M annual revenue
VehicleCare selected by one of India's largest general insurers to process auto claims across its nationwide repair network.
Roadzen targets $100M annual run rate, eyes adjusted EBITDA breakeven in current quarter
Annualized revenue run rate ~$60M, targeting ~$100M within 6-12 months (50%+ growth).
Roadzen shareholders elect all six director nominees and ratify auditor at 2026 AGM
AGM held March 31, 2026; 68.36% of shares represented (54,457,674 of 79,663,984).
Roadzen Inc. announces resignation of board member Ajay Shah effective March 11, 2026
Ajay Shah resigned from the board of directors of Roadzen Inc., effective March 11, 2026.
Roadzen amends convertible note terms, grants investor 35% participation in future financings
Second Amendment dated Feb 25, 2026 amends November 2025 SPA and junior convertible note.
Roadzen Q3 revenue $14.4M, +18.8% YoY; operating loss narrows 25.4%
Revenue $14.4M (+18.8% YoY, +4.9% QoQ); 9-month record $38.9M (+18.3% YoY).
Roadzen issues $5.56M of 14% junior convertible notes; conversion at $3.50
Issued $5.56M aggregate principal of junior convertible notes; net proceeds ~$5M before fees.
Roadzen issues up to $5.56M in junior convertible notes at 14% interest
Notes: $5,555,555 principal, sold at $5M gross; mature in 18 months; 14% interest (18% on default).
Roadzen Q2 revenue $13.7M (+15.2% YoY); net loss narrows 90.3% to $(2.1)M
Q2 revenue $13.7M, up 15.2% YoY and 25.9% sequentially; six-month revenue record $24.5M.
Roadzen extends $11.5M senior secured notes maturity to June 30, 2027 via Mizuho agreement
$11.5M notes maturity extended 18 months from Dec 31, 2025 to June 30, 2027; 15% interest unchanged.
Target MGU has $15M annualized premium run rate as of Sept 2025, achieved 7 months from first policy.
Roadzen Q1 FY2026 revenue $10.9M (+22% YoY); net loss narrows 92% to $4.0M
Revenue $10.9M, up 22% YoY; strongest Q1 in company history.
Roadzen prices $2.25M registered direct offering of 1.73M shares at $1.30/share
Offering of 1,730,769 ordinary shares at $1.30/share for gross proceeds of ~$2.25M.
Roadzen raises $2.25M via 1.8M share private placement at $1.25, extends exec RSU vesting
Sold 1,803,134 shares at $1.25 each to institutional investors, gross proceeds ~$2.25M.
Roadzen Q4 FY2025 revenue up 13.3% YoY to $11.3M, net loss nearly eliminated to $(0.1)M
Full-year FY2025 revenue $44.3M (-5.2% YoY) due to UK GAP insurance suspension impact (~$27M annualized).
Roadzen files lawsuit against Meteora for breach of FPA claiming $19.5M in damages
Filed April 17, 2025 in Palm Beach County, FL; press release issued April 21.
Roadzen holds AGM; elects 7 directors, ratifies auditor ASA & Associates LLP
Quorum of 57.33% (42,569,517 shares) represented at March 31, 2025 Annual Meeting.
Roadzen issues $2.3M convertible notes at 16% interest and $2.00 conversion price
Junior convertible notes for up to $2,300,000 principal; gross proceeds $2,000,000 before fees.
Roadzen raises $2M via 16% junior convertible notes due 2026; conversion price $2.00
Aggregate principal amount $2.3M sold at $2M gross; net proceeds ~$1.93M after fees.
Roadzen extends maturity of $11.5M notes to Dec 2025, issues additional warrants
Maturity date of $11.5M senior secured notes extended from Dec 31, 2024 to Dec 31, 2025.
Roadzen Q3 FY2025 revenue $12.1M, net loss narrows 88% sequentially to $2.5M
Revenue $12.1M (+1.8% QoQ, -23% YoY due to UK GAP insurance suspension).
Roadzen closes $5M best-efforts offering of 2.2M shares at $2.25/share
Priced 2,222,300 ordinary shares at $2.25 each for gross proceeds of $5,000,175.
Roadzen swaps $3.5M liabilities for 1.23M shares issued to related parties Marco Polo and Avacara
Issued 892,857 shares to Marco Polo (Chairman Steven Carlson's firm) and 335,000 shares to Avacara (CEO Rohan Malhotra's firm) to cancel ~$3.5M in debts.
Roadzen closes public offering of 2.3M shares at $1.25, gross proceeds $2.875M
Gross proceeds of $2.875M from sale of 2.3M shares/pre-funded warrants, including full exercise of underwriter's 300,000-share over-allotment.
Roadzen extends $11.5M senior note maturity by one year to Dec 2025
Reached agreement in principle with Mizuho Securities USA to extend maturity of $11.5M 15% senior secured notes to Dec 31, 2025.
Roadzen reports Q2 FY25 revenue of $11.9M, up 33% sequentially; Adjusted EBITDA loss improves 25%
Q2 FY25 revenue $11.9M, +33% sequential from $8.9M Q1; net loss $21.8M.
Roadzen amends CEO/COO RSU vesting, full vesting pushed to Sept 2025
CEO Malhotra's 5,616,550 RSUs and COO Kamboj's 1,250,007 RSUs now vest fully on Sept 17, 2025 (delayed from Sept 18, 2024).
Roadzen extends insider lock-up restrictions to September 2025 from September 2024
CEO-controlled Avacara and Vahanna agree to extend lock-up one year, through Sept 20, 2025.
Roadzen presents at H.C. Wainwright conference; no material new information disclosed
Management presented at H.C. Wainwright 26th Annual Investment Conference on September 9, 2024.
Roadzen Q1 revenue $8.9M (+59% YoY); net loss $48.4M on non-cash items
Revenue $8.9M for Q1 ended June 30, up 59% from $5.6M YoY, driven by U.S. and India.
Roadzen secures $4M additional debt from Mizuho, extends maturity to Dec 2024
Amended note purchase agreement increases senior secured notes from $7.5M to $11.5M at 15% interest.
Roadzen exchanges $3.5M short-term debt for equity with CEO and Chairman
Related parties (CEO Rohan Malhotra's firm Avacara, Chairman's firms Marco Polo and Pi Capital) cancel $3.5M debt.
Xavier Blanchard resigned as Global Head of Strategy and Insurance, effective August 8, 2024.
Roadzen reports FY2024 revenue $46.7M (+245% YoY) with adjusted EBITDA loss $10.4M
Full year revenue $46.7M, up 245% from $13.5M; brokerage revenue up 232%, IaaS up 270%.
The application confirms the resignation by Mr. Blanchard from his role as Global Head of Strategy and Insurance.
Max materiality 0.85 · Median 0.60 · Most common event other_material