Roadzen announces strategic equity financing of $4.5M

Roadzen (RDZN) has received binding commitments for INR 40 crores in equity financing for its India subsidiary, at INR 740 crores or $84 million pre-money valuation on a stand-alone basis. The financing values Roadzen’s Indian subsidiary, which contributes less than 60% of Roadzen’s consolidated revenues, at approximately $84 million pre-money – around 25% above the Company’s current Nasdaq market capitalization. The contemplated dilution to the India subsidiary is approximately 5%, with the parent continuing to own approximately 95% of the India business. The transaction provides growth capital while resulting in no dilution for shareholders in the Nasdaq-listed Parent Company. The gross proceeds to the India subsidiary from the financing are approximately INR 40 crores. The financing is expected to close on or about September 15, 2025. Prime Securities Limited is acting as the exclusive Investment Bank in connection with the offering.