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Founded Date July 6, 1934
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Company Description
The Combination of These Groundbreaking Technologies
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) Inc. (Nasdaq: RDZN) (” Roadzen” or the “Company”), a global leader in AI at the crossway of insurance and movement, today revealed the combination of DeepSeek’s open-source thinking model into Roadzen’s recently launched MixtapeAI platform. The mix of these groundbreaking innovations, offered as of today, brings advanced reasoning-based AI representative ability to businesses in the insurance coverage and movement sectors while preserving rigorous information sovereignty.
Roadzen’s MixtapeAI Platform automates complicated workflows throughout multiple touchpoints, delivering intelligent, tailored, and secure customer experiences for insurance providers, brokers, agents, carmakers, and fleets. To date, MixtapeAI has actually leveraged foundation designs, such as OpenAI, Google, Anthropic, and Meta, and since today it is also incorporated with DeepSeek R1. With the integration of DeepSeek R1-touted as the world’s most powerful open-source advanced thinking design with traceability – Mixtape can deliver smart and context mindful agents in complicated workflows. Importantly, all usage of MixtapeAI is confined to our information centers in the United States, Europe, and India, depending upon the customer areas, ensuring rigorous information sovereignty as no info takes a trip outside these local areas.
Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are extremely thrilled about DeepSeek’s developments in their state-of-the-art models that allow us to lower reasoning costs and provide reasoning traces in our Mixtape representatives. When chances occur to enhance the quality and cost of our items, we act swiftly to bring them to our consumers. By leveraging DeepSeek’s innovative thinking capabilities in AI representatives that deal with KYC, onboarding, consumer support, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade solution with complete data sovereignty to our clients. Mixtape with DeepSeek R1 is immediately readily available to our clients worldwide without rate constraints, and we are already seeing adoption just days after launch.
Mr. Malhotra continued, “As structure models continue to advance in a hyper-competitive landscape, we think that most of financial worth will be recognized at the application layer in AI, especially within the insurance coverage and mobility sectors, and we are delighted to lead this modification.”
About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is an international technology company transforming car insurance utilizing sophisticated expert system (AI). Countless customers, from the world’s leading insurance providers, carmakers, and fleets to dealerships and car insurance agents, use Roadzen’s technology to develop new products, offer insurance coverage, process claims, and improve road safety. Roadzen’s pioneering work in telematics, generative AI, and computer system vision has made acknowledgment as a leading AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s mission is to continue advancing AI research at the crossway of movement and insurance coverage, introducing a world where mishaps are avoided, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 staff members across its international offices in the U.S., India, U.K. and France.
To read more, please see www.roadzen.ai.
Cautionary Statement Regarding Forward Looking Statements
This press release includes positive 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 actually based these positive statements on our present expectations and projections about future occasions. These forward-looking statements undergo known and unidentified risks, unpredictabilities and presumptions about us that might cause our actual outcomes, levels of activity, performance or achievements to be materially different from any future results, levels of activity, efficiency or accomplishments expressed or implied by such positive declarations. In many cases, you can recognize positive declarations by terms such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “think,” “quote,” and “continue,” or the negative of such terms or other similar expressions. Such declarations consist of, however are not limited to, statements concerning the anticipated benefits of our items and options, our anticipated revenue development, strategy, need for our items, growth strategies, future operations, future operating results, estimated incomes, losses, projected costs, prospects, strategies and goals of management, in addition to all other statements besides statements of historic truth included in this press release. Factors that may trigger or contribute to such a discrepancy include, however are not restricted to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, including the yearly report on Form 10-K we submitted with the SEC on July 1, 2024. We prompt you to consider these elements, risks and unpredictabilities thoroughly in examining the forward-looking declarations included in this press release. All subsequent composed or oral positive declarations attributable to our company or individuals acting on our behalf are expressly certified in their entirety by these cautionary statements. The forward-looking declarations included in this news release are made just as of the date of this release. Except as expressly required by suitable securities law, we disclaim any intent or responsibility to upgrade or modify any forward-looking statements, whether as a result of new info, future occasions or otherwise.