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The Combination of These Groundbreaking Technologies
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE)– Roadzen Inc. (Nasdaq: RDZN) (” Roadzen” or the “Company”), an international leader in AI at the crossway of insurance and movement, today revealed the integration of DeepSeek’s open-source thinking design into Roadzen’s just recently introduced MixtapeAI platform. The combination of these groundbreaking innovations, available since today, brings innovative reasoning-based AI representative ability to businesses in the insurance coverage and movement sectors while maintaining stringent information sovereignty.
Roadzen’s MixtapeAI Platform automates intricate workflows across multiple touchpoints, providing intelligent, individualized, and protected client experiences for insurance providers, brokers, agents, carmakers, and fleets. To date, MixtapeAI has leveraged foundation models, such as OpenAI, Google, Anthropic, and Meta, and since today it is also incorporated with DeepSeek R1. With the combination of DeepSeek R1-touted as the world’s most powerful open-source advanced thinking design with traceability – can deliver intelligent and context conscious representatives in intricate workflows. Importantly, all usage of MixtapeAI is confined to our data centers in the United States, Europe, and India, depending upon the customer places, making sure stringent data sovereignty as no information takes a trip outside these local areas.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are incredibly thrilled about DeepSeek’s developments in their state-of-the-art models that enable us to lower inference expenses and offer reasoning traces in our Mixtape agents. When opportunities occur to improve the quality and expense of our products, we act promptly to bring them to our consumers. By leveraging DeepSeek’s sophisticated reasoning capabilities in AI representatives that manage KYC, onboarding, consumer assistance, sales, and policy administration from quote to claim, we use a robust, enterprise-grade solution with total data sovereignty to our customers. Mixtape with DeepSeek R1 is immediately available to our clients internationally without rate constraints, and we are already seeing adoption simply days after launch.
Mr. Malhotra continued, “As foundation models continue to advance in a hyper-competitive landscape, we think that most of financial value will be realized at the application layer in AI, especially within the insurance coverage and movement sectors, and we are delighted to lead this change.”
About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is a worldwide technology company changing car insurance utilizing advanced expert system (AI). Countless customers, from the world’s leading insurance companies, carmakers, and fleets to dealers and car insurance coverage representatives, utilize Roadzen’s innovation to build new items, sell insurance coverage, procedure claims, and improve roadway security. Roadzen’s pioneering work in telematics, generative AI, and computer vision has earned recognition as a top AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s mission is to continue advancing AI research study at the crossway of movement and insurance, introducing a world where accidents are prevented, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 workers across its global offices in the U.S., India, U.K. and France.
To get more information, please see www.roadzen.ai.
Cautionary Statement Regarding Forward Looking Statements
This press release includes forward-looking statements within the significance of Section 27A of the Securities Act of 1933, as changed (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our present expectations and projections about future occasions. These positive declarations are subject to known and unidentified risks, unpredictabilities and presumptions about us that might trigger our real outcomes, levels of activity, performance or achievements to be materially different from any future outcomes, levels of activity, efficiency or accomplishments expressed or implied by such positive statements. Sometimes, you can recognize forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “expect,” “think,” “price quote,” and “continue,” or the negative of such terms or other comparable expressions. Such declarations consist of, however are not limited to, statements relating to the expected benefits of our products and options, our anticipated revenue development, strategy, need for our products, growth plans, future operations, future operating results, estimated incomes, losses, forecasted costs, potential customers, strategies and goals of management, in addition to all other declarations other than statements of historic truth included in this news release. Factors that may cause or add to such a disparity consist of, however are not restricted to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, consisting of the yearly report on Form 10-K we filed with the SEC on July 1, 2024. We urge you to consider these aspects, threats and uncertainties thoroughly in evaluating the positive declarations consisted of in this news release. All subsequent composed or oral positive statements attributable to our company or persons acting on our behalf are expressly certified in their totality by these cautionary statements. The forward-looking declarations consisted of in this press release are made just since the date of this release. Except as expressly required by appropriate securities law, we disclaim any objective or obligation to update or revise any forward-looking statements, whether as a result of brand-new info, future events or otherwise.