Roadzen unit secures $10M annual mandate with Indian insurer

Roadzen Inc. (NASDAQ: RDZN) announced that VehicleCare, its India-based workshop management and claims platform, has secured a mandate with one of India's top 10 general insurers to manage motor claims repair execution across a nationwide network, according to a press release dated June 16, 2026.

The mandate is expected to generate more than $10 million in annual revenue as claims volumes increase. Combined with a previously announced mandate of comparable size, the two contracts are projected to contribute more than $20 million in combined annual revenue.

The new insurer client operates more than 850 branches nationally, sells more than 8 million auto policies annually, and processes over $450 million in annual motor claims. Together with VehicleCare's first major mandate, which provided exposure to an approximately $800 million annual motor claims pool, the company now holds insurer relationships representing more than $1.2 billion in annual motor claims activity.

Since April 2026, Roadzen has announced approximately $30 million of new contractual relationships expected to scale into revenue, spanning VehicleCare in India, its U.K.-based Global Insurance Management subsidiary, and its broader operations.

Under the mandate, VehicleCare manages the motor claims repair lifecycle from workshop assignment through parts procurement, execution, quality sign-off, and final delivery. The company's AutoSpace platform connects more than 1,200 verified partner garages across metro, Tier-1, and Tier-2 cities in India and has processed more than 150,000 claims.

"VehicleCare is expanding beautifully, well past our initial estimates," said Rohan Malhotra, Founder and CEO of Roadzen. "We deliver the AI that estimates and approves the claim in real time, then VehicleCare brings the software layer to control repair execution and the parts supply chain across a nationwide network."

Arvind Verma, CEO of VehicleCare, said the second mandate "shows that large insurers are ready to modernize how motor claims are managed."

You May Also Be Interested In

• System1 launches Dogpile Fetch, a search API for AI agents
• GCM Grosvenor closes $1.2B inaugural credit secondaries fund
• Deliverect and SoundHound AI link up to automate restaurant ordering