Roadzen issues new junior convertible notes financing

The latest announcement is out from Roadzen Inc ( (RDZN) ).

On January 19–20, 2026, Roadzen Inc. entered into a securities purchase agreement with an institutional investor and completed a registered public offering of junior convertible notes with an aggregate principal amount of up to $5,555,555, sold for gross proceeds of $5 million. The notes, bearing 14% annual interest and maturing on June 20, 2027, are convertible into ordinary shares at an initial price of $3.50, feature quarterly principal repayments, redemption and make-whole provisions, and strict beneficial-ownership caps, while also restricting Roadzen’s ability to incur additional debt or issue certain equity-linked securities; in parallel, the company amended junior convertible notes issued in November 2025 to add cross-default and covenant alignment, tightening creditor protections and potentially influencing its capital structure and financing flexibility going forward.

The most recent analyst rating on (RDZN) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on Roadzen Inc stock, see the RDZN Stock Forecast page.

Spark’s Take on RDZN Stock

According to Spark, TipRanks’ AI Analyst, RDZN is a Neutral.

The score is held back primarily by weak financial health—loss-making operations, negative equity, and negative operating/free cash flow. Technicals are comparatively supportive with a strong uptrend, but overbought signals temper that strength. Valuation is constrained by negative earnings and no dividend, while recent corporate events provide some upside potential but add financing-related risk.

To see Spark’s full report on RDZN stock, click here.

More about Roadzen Inc

Average Trading Volume: 321,047

Technical Sentiment Signal: Buy

Current Market Cap: $148.7M

See more insights into RDZN stock on TipRanks’ Stock Analysis page.