Roadzen Acquires VehicleCare to Expand AI-Driven Motor Claims Operations in India

Reuters
Feb 13
Roadzen Acquires VehicleCare to Expand AI-Driven Motor Claims Operations in India

Roadzen Inc. has closed the acquisition of EliteCover in the United States and signed an agreement to acquire VehicleCare in India. With these moves, Roadzen expands its reach into the U.S. commercial auto insurance market through EliteCover’s MGU platform and gains direct control over repair execution and claims operations in India with VehicleCare. The company expects to retain approximately 91% ownership of its India subsidiary and anticipates the VehicleCare acquisition will add around $10 million in high-margin revenue over the next twelve months. Roadzen’s applied AI platform now processes over 3 million insurance claims annually, leveraging extensive real-world driving data to enhance risk prediction and claims automation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Roadzen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9654105-en) on February 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10