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Roadzen's VehicleCare wins $10M+ mandate with Indian insurer

June 16, 2026 9:04 AM EDT

Roadzen Inc. (NASDAQ: RDZN) announced that VehicleCare, its India-based workshop management and claims platform, has secured a motor claims management mandate with one of India's top 10 general insurers, expected to generate more than $10 million in annual revenue as claims volumes grow.

The new client operates more than 850 branches nationwide, sells more than 8 million auto policies annually, and processes over $450 million in annual motor claims. Combined with a previously announced mandate of comparable size, the two contracts are expected to contribute more than $20 million in combined annual revenue. VehicleCare now holds insurer relationships representing more than $1.2 billion in annual motor claims activity.

According to the company, since April 2026, Roadzen has announced approximately $30 million in new contractual relationships expected to scale into revenue over the course of the year, 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 and repair authorization through parts procurement, execution, quality sign-off, and final delivery. The company's AutoSpace platform digitizes the repair process across more than 1,200 verified partner garages in metro, Tier-1, and Tier-2 cities across India and has processed more than 150,000 claims.

"VehicleCare is expanding beautifully, well past our initial estimates, and these two back-to-back insurer mandates show why," said Rohan Malhotra, Founder and CEO of Roadzen.

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



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