4 days ago
4
TipRanks
Wed, January 7, 2026 astatine 7:20 AM CST 2 min read
On the opening time of CES 2026, Roadzen (RDZN) entered into a definitive statement to get VehicleCare, an AI-powered conveyance repair and store aggregation platform. The acquisition is expected to people a important milestone successful Roadzen’s evolution, positioning the Company to alteration from a claims quality supplier into a full-stack claims operating strategy that combines integer claims decisioning with carnal repair execution. VehicleCare is simply a software-enabled automotive repair and claims execution level built connected a proprietary Workshop Management System. Rather than owning garages, VehicleCare aggregates and coordinates a nationalist web of autarkic workshops done software, enabling scalable execution without plus ownership. VehicleCare’s nationalist web successful India includes 350+ autarkic workshops crossed 21+ states, serving 15+ insurers, 15+ brokers, and 10+ fleet operators. To date, VehicleCare has executed implicit 40,000 claims, achieving implicit 30% simplification successful nonaccomplishment outgo versus OEM garages, portion delivering faster-than-benchmark repair outcomes with reduced fraud and outgo leakage. This execution furniture is expected to alteration Roadzen to connection insurers repair timeline guarantees, a capableness that has historically been hard to present reliably astatine scale. VehicleCare is presently breakeven nether GAAP accounting connected a standalone ground and is expected to lend astir $10M of gross implicit the adjacent 12 months, with further imaginable upside driven by expected integration synergies. The transaction has been structured arsenic an equity issuance astatine Roadzen’s India subsidiary level to VehicleCare’s shareholders, including its founders. Roadzen India subsidiary shares to beryllium issued arsenic information are expected to beryllium valued astatine astir $277M, resulting successful astir 2% dilution astatine the India subsidiary level. The transaction is not expected to effect successful immoderate dilution astatine the Nasdaq-listed genitor institution level, with Roadzen’s nationalist genitor expected to clasp astir 91.0% ownership of the India subsidiary erstwhile the transaction closes. The transaction is expected to adjacent wrong astir 2 weeks, taxable to customary closing conditions.
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