The acquisition is expected to add a scaled, fully regulated European insurance platform powering over 800,000 policies annually, with approximately $18–20 million in revenue and approximately $1.6–2 million in EBITDA

The business is being acquired by Roadzen's India subsidiary in exchange for stock or cash and is not expected to be dilutive to Roadzen's Nasdaq shareholders

Combines over a decade of proprietary short-trip pricing data with Roadzen's AI to power real-time underwriting and automated, computer-vision-led claims — transformative for the $27 billion car rental insurance segment

NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) -- Roadzen Inc. (NASDAQ:RDZN), a global leader in AI at the intersection of insurance and mobility, today announced the signing of a definitive agreement to acquire a leading technology-driven managing general agent ("MGA") specializing in short-term car rental insurance across Europe.

The acquisition is being made by Roadzen's India subsidiary, Roadzen Technologies Limited ("Roadzen India"), which is 92% owned by Roadzen Inc. Under the terms of the purchase agreement, the sellers may elect to receive equity in Roadzen India, based on a valuation of Roadzen India at approximately $280 million, or cash. As a result, the transaction is not expected to be directly dilutive to Roadzen's Nasdaq shareholders. Total consideration is approximately $15 million — 50% payable at closing and 50% structured as a three-year earn-out contingent on milestones.