Roadzen Inc. — fact timeline

Roadzen Inc. amended Third Amendment to Securities Purchase Agreement and Junior Convertible Notes with an institutional investor (effective 2026-05-22).

“On May 22, 2026, Roadzen Inc. (the “Company”) entered into a Third Amendment to Securities Purchase Agreement and Junior Convertible Notes (the “Third Amendment”), which amended certain of the terms of (i) that certain Securities Purchase Agreement, dated as of November 20, 2025 (the “SPA”), entered into between the Company and an institutional investor (the “Investor”), (ii) the junior convertible note issued to the Investor on November 21, 2025 (as previously amended, the “November Note”) pursuant to the terms of the SPA”

Roadzen Inc. entered into Placement Agency Agreement with Maxim Group LLC valued at 6.0% cash fee of aggregate gross proceeds and $30,000 expense reimbursement (effective 2026-05-04).

“On May 4, 2026, Roadzen Inc. (the "Company") entered into a placement agency agreement (the "Agency Agreement") with Maxim Group LLC (the "Placement Agent") and a securities purchase agreement (the "Purchase Agreement") with purchasers for the purchase and sale, in a best efforts offering (the "Offering"), of 4,705,870 of the Company’s ordinary shares, par value $0.0001 per share ("Ordinary Shares"), at an offering price of $1.70 per Share.”

Roadzen Inc. entered into Securities Purchase Agreement with purchasers valued at 4,705,870 ordinary shares at $1.70 per share; gross proceeds of $7,999,979 (effective 2026-05-04).

“On May 4, 2026, Roadzen Inc. (the "Company") entered into a placement agency agreement (the "Agency Agreement") with Maxim Group LLC (the "Placement Agent") and a securities purchase agreement (the "Purchase Agreement") with purchasers for the purchase and sale, in a best efforts offering (the "Offering"), of 4,705,870 of the Company’s ordinary shares, par value $0.0001 per share ("Ordinary Shares"), at an offering price of $1.70 per Share.”

Roadzen Inc. entered into Second Amendment to Securities Purchase Agreement and Junior Convertible Note with an institutional investor valued at Amendment to change installment dates to April 21, 2026 and May 21, 2026, and grant participation ri (effective 2026-02-25).

“On February 25, 2026, Roadzen Inc. (the “Company”) entered into a Second Amendment to Securities Purchase Agreement and Junior Convertible Note (the “Second Amendment”), which amended certain of the terms of (i) that certain Securities Purchase Agreement, dated as of November 20, 2025 (the “SPA”), entered into between the Company and an institutional investor (the “Investor”), and (ii) the junior convertible notes issued to the Investor in November 2025 (as previously amended, the “November Notes”) pursuant to the terms of the SPA, as described in the Current Report on Form 8-K filed by the Company on November 20, 2025.”

Roadzen Inc. amended Amendment to Securities Purchase Agreement and Junior Convertible Note with Institutional Investor valued at Amends certain terms of junior convertible notes issued in November 2025 to add cross-default provis (effective 2026-01-20).

“On January 20, 2026, the Company and the Investor entered into an Amendment to Securities Purchase Agreement and Junior Convertible Note (the “Amendment”), which amended certain of the terms of the junior convertible notes issued to the Investor in November 2025 (the “November Notes”) pursuant to the terms of that certain Securities Purchase Agreement dated as of November 20, 2025, as described in the Current Report on Form 8-K filed by the Company on November 20, 2025.”

Roadzen Inc. entered into Securities Purchase Agreement with Institutional Investor valued at Up to $5,555,555 principal amount of junior convertible notes, gross purchase price $5,000,000 (effective 2026-01-19).

“On January 19, 2026, Roadzen Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an institutional investor (the “Investor”) under which the Company agreed to issue and sell, in a registered public offering, junior convertible notes (each, a “Note” and collectively, the “Notes”) for up to an aggregate principal amount of $5,555,555 (the “Notes”) that may be convertible into the Company’s ordinary shares, par value of $0.0001 per share (the “Ordinary Shares”).”

Roadzen Inc. incurred convertible notes of up to an aggregate principal amount of $5,555,555 with an institutional investor at 14% per annum maturing June 20, 2027.

“agreed to issue and sell, in a registered public offering, junior convertible notes (each, a “Note” and collectively, the “Notes”) for up to an aggregate principal amount of $5,555,555 (the “Notes”) that may be convertible into the Company’s ordinary shares, par value of $0.0001 per share (the “Ordinary Shares”). The closing of the issuance and sale of the Notes”

Roadzen Inc. incurred convertible notes of $5,555,555 with an institutional investor at 14% per annum (increasing to 18% per annum upon the occurrence and during the co maturing 18 months from the date of issuance.

“On November 20, 2025, Roadzen Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an institutional investor (the “Investor”) under which the Company agreed to issue and sell, in a registered public offering, junior convertible notes (each, a “Note” and collectively, the “Notes”) for up to an aggregate principal amount of $5,555,555 (the “Notes”) that may be convertible into the Company’s ordinary shares, par value of $0.0001 per share (the “Ordinary Shares”).”

Roadzen Inc. incurred convertible notes of up to an aggregate principal amount of $2,300,000 with an institutional investor at 16% per annum (increasing to 18% per annum upon the occurrence and during the co maturing one year from the date of issuance.

“agreed to issue and sell, in a registered public offering, junior convertible notes (each, a “Note” and collectively, the “Notes”) for up to an aggregate principal amount of $2,300,000 (the “Notes”) that may be convertible into the Company’s ordinary shares, par value of $0.0001 per share (the “Ordinary Shares”). On April 1, 2025, the Company completed the sale”

Roadzen Inc. incurred convertible notes of up to an aggregate principal amount of $2,300,000 with an institutional investor at 16% per annum (increasing to 18% per annum upon the occurrence and during the co maturing one year from the date of issuance.

“On March 31, 2025, Roadzen Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an institutional investor (the “Investor”) under which the Company agreed to issue and sell, in a registered public offering, junior convertible notes (each, a “Note” and collectively, the “Notes”) for up to an aggregate principal amount of $2,300,000 (the “Notes”) that may be convertible into the Company’s ordinary shares, par value of $0.0001 per share (the “Ordinary Shares”).”

Roadzen Inc. amended senior notes of $11.5 million with Mizuho Securities USA LLC maturing December 31, 2025.

“the Amendment provides for (i) an extension of the maturity date of the $11.5 million in principal amount of senior secured notes issued under the Note Purchase Agreement (the “Notes”) from December 31, 2024 to December 31, 2025”

Xavier Blanchard resigned as Global Head of Strategy and Insurance at Roadzen Inc..

“The application confirms the resignation by Mr. Blanchard from his role as Global Head of Strategy and Insurance.”

Roadzen Inc. entered into Securities Purchase Agreement with Supurna VedBrat and Krishnan-Shah Family Partners, LP valued at up to $2 million (effective 2024-03-28).

“on March 28, 2024, the Company entered into a Securities Purchase Agreement (the “SPA”) with Supurna VedBrat and Krishnan-Shah Family Partners, LP (together, the “Purchasers”), pursuant to which the Company agreed to issue and sell to the Purchasers, and the Purchasers agreed to purchase from the Company, an aggregate of up to $2 million in principal amount of senior secured notes (the “Notes”).”

Roadzen Inc. entered into Securities Purchase Agreement with Supurna VedBrat and Krishnan-Shah Family Partners, LP valued at up to $2 million (effective 2024-03-28).

“On March 28, 2024, Roadzen Inc. (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with Supurna VedBrat and Krishnan-Shah Family Partners, LP (together, the “Purchasers”).”

Roadzen Inc. reported third quarter of fiscal 2024 results: revenue $15.64 million, net income -$30.57 million.

“Roadzen Sets New Revenue Milestone for the Third Quarter Ended December 31, 2023 372% Year-Over-Year Increase • Quarterly revenue of $15.64 million, a 372% increase year-over-year. • Net loss of $30.57 million is impacted by non-cash, non-recurring and extraordinary items leading to an Adjusted EBITDA 1 loss of $3.1 million, a 14% improvement in Adjusted EBITDA over the second quarter.”

Roadzen Inc. amended Forward Purchase Agreement with Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP, and Meteora Strategic Capital, LLC (effective 2024-01-30).

“On January 30, 2024, the Company and the Seller entered into an amendment to the Forward Purchase Agreement (the "Amendment").”

Roadzen Inc. incurred convertible notes of $50 million with the Investors at 13% per annum maturing December 15, 2025.

“the Company may issue and sell an aggregate of up to $50 million in principal amount of convertible debentures (collectively, including the VedBrat Debenture, the “Debentures”)”

Roadzen Inc. incurred convertible notes of $500,000 with Supurna VedBrat at 13% per annum maturing December 15, 2025.

“On January 19, 2024, Roadzen Inc. (the “Company”) issued a convertible debenture in the principal amount of $500,000 to Supurna VedBrat (the “VedBrat Debenture”)”

Mohit Pasricha changed role as Chief Financial Officer for India at Roadzen Inc..

“As of the same date, Mohit Pasricha ceased to serve as the Global CFO and he will continue to serve as the Company’s CFO for India reporting directly to Mr. Gallardo.”

Jean-Noël Gallardo was appointed as Chief Financial Officer at Roadzen Inc..

“On January 4, 2024, Roadzen Inc. (the "Company") appointed Jean-No ë l Gallardo to serve as the Company's Chief Financial Officer ("CFO").”

Roadzen Inc. reported second quarter of fiscal 2024 results: revenue $15.4 million.

“in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Roadzen Reports Record Revenue for the Second Fiscal Quarter 2024 Revenue Increasing 493% Year-Over-Year to $15.4 Million Key Highlights: • Roadzen's revenue for the quarter ended September 30, 2023 experienced a substantial increase of $12.8 million over the same quarter of the previous fiscal”

Roadzen Inc.: Vahanna ceased to be a shell company as a result of the business combination (effective 2023-09-20).

“As a result of the Business Combination, Vahanna ceased to be a shell company.”

Roadzen Inc.: Adoption of a new code of business conduct applicable to all employees, officers and directors, effective on the Closing Date (effective 2023-09-20).

“On the Closing Date, in connection with the Closing, the Board adopted a new code of business conduct applicable to all of RDZN’s employees, officers and directors.”

Roadzen Inc.: Change of fiscal year end from December 31 to March 31, effective as of the Closing Date (effective 2023-09-20).

“On September 20, 2023, the Board adopted a resolution to change RDZN’s fiscal year end from December 31 to March 31, effective as of the Closing Date.”

Roadzen Inc.: Adoption of amended and restated memorandum and articles of association effective upon closing of business combination (effective 2023-09-20).

“RDZN’s Amended and Restated Memorandum and Articles of Association became effective upon filing with the Registrar of Corporate Affairs in the British Virgin Islands on the Closing Date.”

Roadzen Inc. underwent a change of control involving Roadzen, Inc. for 27.21 ordinary shares of RDZN (closed 2023-09-20).

“☐ INTRODUCTORY NOTE Closing of the Business Combination On September 20, 2023 (the “Closing Date”), Roadzen, Inc., a Delaware corporation (“Roadzen”), Vahanna Tech Edge Acquisition I Corp., a British Virgin Islands business company (“Vahanna”), and Vahanna Merger Sub Corp., a Delaware corporation and a direct, wholly owned subsidiary of Vahanna (“Merger Sub”), consummated the previously announced business combination pursuant to the Agreement and Plan of Merger, dated February 10, 2023, by and among Vahanna, Roadzen and Merger Sub (the “Initial Merger Agreement”), as amended by the First Amendment to the Agreement and Plan of Merger, dated June 29, 2023 (the “Merger Agreement Amendment”, and the Initial Merger Agreement as amended by the Merger Agreement Amendment, the “Merger Agreement”).”

Roadzen Inc. entered into Note Purchase Agreement with Mizuho, as administrative agent and collateral agent, and certain purchasers valued at $7,500,000 (effective 2023-06-30).

“on June 30, 2023, Roadzen entered into the Note Purchase Agreement with Mizuho, as administrative agent and collateral agent, and certain purchasers that may become party thereto from time to time, as purchasers of the senior secured notes (together with Mizuho, the “Purchasers”), pursuant to which the Purchasers purchased, and Roadzen issued, an aggregate principal amount of $7,500,000 of senior secured notes”

Roadzen Inc. entered into Lock-up Agreements with certain pre-Closing holders of Roadzen common stock.

“On the Closing Date, in connection with the Closing, RDZN entered into Lock-up Agreements with certain pre-Closing holders of Roadzen common stock (the “Lock-up Agreements”).”

Rangarajan Sundaram resigned as Director at Roadzen Inc..

“Abha Kumar and Rangarajan Sundaram, each a member of the board of directors of Vahanna, resigned.”

Abha Kumar resigned as Director at Roadzen Inc..

“Abha Kumar and Rangarajan Sundaram, each a member of the board of directors of Vahanna, resigned.”

Raahim Don resigned as Chief Financial Officer at Roadzen Inc..

“Karan Puri and Raahim Don, the Chief Executive Officer and Chief Financial Officer, respectively, of Vahanna, resigned.”

Karan Puri resigned as Chief Executive Officer at Roadzen Inc..

“Karan Puri and Raahim Don, the Chief Executive Officer and Chief Financial Officer, respectively, of Vahanna, resigned.”

Roadzen Inc.: Shareholders approved amended and restated memorandum and articles of association, including name change to Roadzen Inc., elimination of dual-class share structure, new shareholder meeting and director removal provisions, and increased quorum requirement.

“The Charter Proposal - a proposal to approve, assuming the Business Combination Proposal is approved and adopted, the proposed amended and restated memorandum and articles of association of Vahanna (the “Proposed Charter”) that will be in effect upon the closing of the Merger (the “Closing”) and will, among other things, change Vahanna’s name to Roadzen Inc. (“New Roadzen”).”

Roadzen Inc. entered into Forward Purchase Agreement with Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP, and Meteora Strategic Capital, LLC (effective 2023-08-25).

“On August 25, 2023, Vahanna entered into an agreement with (i) Meteora Capital Partners, LP (“MCP”), (ii) Meteora Select Trading Opportunities Master, LP (“MSTO”), and (iii) Meteora Strategic Capital, LLC (“MSC” and, collectively with MCP and MSTO, “Seller”) (the “Forward Purchase Agreement”) for OTC Equity Prepaid Forward Transactions.”

Roadzen Inc. entered into Merger Agreement with Roadzen, Inc. and Vahanna Merger Sub Corp. (effective 2023-02-10).

“on February 10, 2023, Vahanna Tech Edge Acquisition I Corp., a BVI business company (“Vahanna” or the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Vahanna, Vahanna Merger Sub Corp., a Delaware corporation and direct, wholly owned subsidiary of Vahanna (“Merger Sub”), and Roadzen, Inc., a Delaware corporation (“Roadzen”).”

Roadzen Inc.: Adopted amended and restated memorandum and articles of association to modify the monthly extension deposit amount and provide up to nine additional one-month extensions (effective 2023-08-22).

“As approved by its shareholders at the Meeting on August 22, 2023, the Company adopted its amended and restated memorandum and articles of association on August 22, 2023”

Roadzen Inc. shareholders approved Approve an amendment to the Trust Agreement to provide the Company the right to extend the Combination Period up to nine times at the 2023-08-22 meeting.

“The Trust Amendment Proposal was approved by ordinary resolution of the Company’s shareholders, and received the following votes: Vahanna Ordinary Shares Votes For Vahanna Ordinary Shares Votes Against Vahanna Ordinary Shares Abstentions 20,874,571 3 0”

Roadzen Inc. shareholders approved Amend and restate the Company’s memorandum and articles of association to modify the monthly amount that the Sponsor must deposit into the Trust Account and provide up to nine additional one-month extensions at the 2023-08-22 meeting.

“The Charter Amendment Proposal was approved by special resolution of the Company’s shareholders, and received the following votes: Vahanna Ordinary Shares Votes For Vahanna Ordinary Shares Votes Against Vahanna Ordinary Shares Abstentions 20,874,572 2 0”

Roadzen Inc. amended Trust Amendment with Continental Stock Transfer & Trust Company valued at Extension of Combination Period up to nine months, with monthly payments of lesser of $0.033 per sha (effective 2023-08-22).

“on August 22, 2023, Vahanna Tech Edge Acquisition I Corp. (the “Company” or “Vahanna”) entered into an amendment (the “Trust Amendment”) to the investment management trust agreement, dated as of November 22, 2021, with Continental Stock Transfer & Trust Company (the “Trust Agreement”).”

Roadzen Inc. incurred loan of aggregate of $660,330 with Vahanna LLC at twenty percent (20.0%) per annum with an original issue discount of ten percent maturing the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.

“Exchange Act. ☐ Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On July 24, 2023, an aggregate of $660,330 (the “Extension Payment”) was deposited by Vahanna LLC, a Delaware limited liability company (“Sponsor”), into the trust account of Vahanna Tech Edge Acquisition I Corp.”

Roadzen Inc. amended loan of increased the aggregate principal amount available to be advanced and readvanced from $1,500,000 to $4,000,000 with Vahanna LLC at twenty percent (20.0%) per annum with an original issue discount of ten percent maturing the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.

“On July 24, 2023, the Company and the Sponsor amended the Note (as defined below) in order to increase the aggregate principal amount available to be advanced and readvanced from $1,500,000 to $4,000,000.”

Roadzen Inc. amended First Amendment to Agreement and Plan of Merger with Vahanna Tech Edge Acquisition I Corp. and Vahanna Merger Sub Corp. (effective 2023-06-29).

“On June 29, 2023, the Company, Merger Sub and Roadzen entered into a First Amendment to Agreement and Plan of Merger (the “Amendment”), pursuant to which the Merger Agreement was revised to update and clarify the terms of the New Roadzen 2023 Incentive Plan (the “LTIP”) and the New Roadzen 2023 Employee Stock Purchase Plan to be submitted for shareholder approval at the extraordinary general meeting, including reducing the number of shares to be initially reserved under the LTIP from 14% of the issued and outstanding shares of the combined company immediately following the closing of the business combination to 10%.”

Roadzen Inc. incurred debt of $1,452,726 with Vahanna LLC (Sponsor) at twenty percent (20.0%) per annum with an original issue discount of ten percent maturing the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.

“the principal amount of the Note was updated to $1,452,726 to reflect the Extension Payment. The Note bears interest at a rate of twenty percent (20.0%) per annum with an original issue discount of ten percent (10.0%) and will be due and payable”

Roadzen Inc. incurred loan of $726,363 with Vahanna LLC (Sponsor) at 20.0% per annum maturing the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.

“Vahanna issued to Sponsor an unsecured promissory note (the “Note”) with an original issue discount of ten percent (10.0%) and a principal amount of $726,363. The Note bears interest at a rate of twenty percent (20.0%) per annum and will be due and payable (subject to the waiver against trust provisions) on the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.”

Roadzen Inc. entered into Business Combination Agreement with Vahanna, Roadzen, Inc., Vahanna Merger Sub Corp. (effective 2023-02-10).

“business combination agreement, dated February 10, 2023 (the “Business Combination Agreement”), by and among (i) Vahanna, (ii) Roadzen, Inc., a Delaware Corporation (“Roadzen”), and (iii) Vahanna Merger Sub Corp.”

Roadzen Inc. entered into Note with Vahanna LLC valued at principal amount of $726,363.

“Vahanna issued to Sponsor an unsecured promissory note (the “Note”) with an original issue discount of ten percent (10.0%) and a principal amount of $726,363.”

Roadzen Inc. entered into Agreement and Plan of Merger with Vahanna Tech Edge Acquisition I Corp., Vahanna Merger Sub Corp., Roadzen, Inc. (effective 2023-02-10).

“On February 10, 2023, Vahanna Tech Edge Acquisition I Corp., a British Virgin Islands business company (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Vahanna Merger Sub Corp., a Delaware corporation and wholly-owned subsidiary of the Company (“Merger Sub”), and Roadzen, Inc., a Delaware corporation (“Roadzen”).”

Diane B. Glossman was appointed as Director at Roadzen Inc..

“In connection with the IPO, on November 22, 2021, Ajay Shah and Diane B. Glossman (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).”

Ajay Shah was appointed as Director at Roadzen Inc..

“In connection with the IPO, on November 22, 2021, Ajay Shah and Diane B. Glossman (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”).”