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 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 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 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 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 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 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 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 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 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.
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