Enablers advised global insurance technology company Roadzen for a secondary stake sale transaction from undisclosed investors.
Roadzen is transforming global insurance with its multi-platform solutions for underwriting, claims management, distribution, inspection and roadside assistance. The platform uses computer vision, machine learning and telematics to deliver substantially improved consumer experience and operational efficiency for insurers. Roadzen operates multiple product lines in Motor, Travel, E-Commerce, Ride Sharing and Mobile Phone Insurance.
Roadzen was founded by a team of Carnegie Mellon, UPenn, Harvard alumni and a team of entrepreneurs who have built pioneering and successful technology companies all over the world. It is one of the fastest growing insurance technology companies globally with over 10 million customer base in India, US, China and Europe.