{"id":793464,"date":"2024-12-09T11:48:07","date_gmt":"2024-12-09T16:48:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/"},"modified":"2024-12-09T11:48:07","modified_gmt":"2024-12-09T16:48:07","slug":"roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/","title":{"rendered":"Roadzen Chosen by One of the World\u2019s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance"},"content":{"rendered":"
\n

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company\u201d), a global leader in AI at the convergence of insurance and mobility, today announced that a leading liquefied petroleum gas (LPG) supplier in India\u2014a wholly owned subsidiary of one of the world\u2019s largest LPG companies\u2014will outfit its entire truck fleet with Roadzen\u2019s drivebuddyAI. The system will monitor driver fatigue and provide real-time feedback to drive improvements in safety and compliance.<\/p>\n

Roadzen\u2019s drivebuddyAI was selected following a comprehensive five-month validation process, competing against the world\u2019s leading video telematics and ADAS vendors. The contract, which carries a term of five years for more than 500 vehicles, is expected to deliver over seven figures in revenue over the term.<\/p>\n

As the first system to receive Automotive Research Association of India (ARAI) certification under India\u2019s Automotive Industry Standard 184, Roadzen\u2019s DrivebuddyAI offers an unparalleled suite of advanced features designed to enhance driver safety, mitigate risks, improve driver performance, and optimize fleet operations. Leveraging state-of-the-art artificial intelligence and machine learning algorithms combined with video-telematics, DrivebuddyAI enables real-time monitoring, audio warnings and tagging recorded incidents, predictive analytics, and proactive collision avoidance capabilities. Featuring 98-point landmark tracking focused on the driver\u2019s eye movement combined with 2-way communications, DrivebuddyAI is at the forefront of innovation for in-cabin analysis incorporating the most advanced safety features including distraction alert, drowsiness alert, focus monitoring, and emotion tracking capabilities.<\/p>\n

Rohan Malhotra, founder and CEO of Roadzen, commented, \u201cLPG suppliers and distributors care deeply about road safety due to the sensitive nature of cargo being transported. We\u2019re seeing some of the leading players in this space adopt AI to enhance safety features across their fleets and reduce insurance premiums. As the first and only Advanced Driver Assistance System currently validated by the government of India to offer an integrable solution to vehicles seeking compliance with the AIS184 regulation\u2014 which is closely aligned with EU 2144 in Europe\u2014we expect traction not just in India but also across European markets where safety and compliance remain top priorities. We\u2019re looking at a highly active sales calendar for DrivebuddyAI and are fully prepared to meet the demand.\u201d<\/p>\n

For more information about Roadzen Inc. and DrivebuddyAI, please visit https:\/\/roadzen.ai\/<\/a><\/p>\n

\n
\n About Roadzen Inc.<\/u>
\n <\/strong>\n <\/p>\n

Roadzen Inc. (Nasdaq: RDZN) is a global technology company transforming auto insurance using advanced artificial intelligence (AI). Thousands of clients, from the world\u2019s leading insurers, carmakers, and fleets, to dealerships, and auto insurance agents, use Roadzen\u2019s technology to build new products, sell insurance, process claims, and improve road safety. Roadzen\u2019s pioneering work in telematics, generative AI, and computer vision has earned Roadzen recognition as a top AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen\u2019s mission is to continue advancing AI research at the intersection of mobility and insurance, ushering in a world where accidents are prevented, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 379 employees across its global offices in the US, India, UK, and France. To learn more, please visit www.roadzen.ai<\/p>\n

\n Media Contacts: <\/u>\n <\/p>\n

Sanya Soni: sanya@roadzen.ai<\/a>
Gutenberg: roadzen@thegutenberg.com<\/a><\/p>\n

\n Investor Contacts:<\/u>\n <\/p>\n

Yvonne Zappulla: yvonne@roadzen.ai<\/a><\/p>\n

\n Cautionary Statement Regarding Forward Looking Statements<\/u>\n <\/p>\n

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d), and Section 21E of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d). We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as \u201cmay,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cexpect,\u201d \u201cexpected to,\u201d \u201cprojected,\u201d \u201cbegun to be adopted,\u201d \u201caccelerate the transformation,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d and \u201ccontinue,\u201d or the negative of such terms or other similar expressions. Such statements include, but are not limited to, statements regarding our strategy, demand for our products, expansion plans, future operations, future operating results, estimated revenues, performance of our partnerships, losses, projected costs, prospects, plans and objectives of management, as well as all other statements other than statements of historical fact included in this press release. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in \u201cRisk Factors\u201d in our Securities and Exchange Commission (\u201cSEC\u201d) filings, including the definitive proxy statement\/prospectus we filed with the SEC on August 14, 2023. We urge you to consider these factors, risks and uncertainties carefully in evaluating the forward-looking statements contained in this press release. All subsequent written or oral forward-looking statements attributable to our Company or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements included in this press release are made only as of the date of this release. Except as expressly required by applicable securities law, we disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company\u201d), a global leader in AI at the convergence of insurance and mobility, today announced that a leading liquefied petroleum gas (LPG) supplier in India\u2014a wholly owned subsidiary of one of the world\u2019s largest LPG companies\u2014will outfit its entire truck fleet with Roadzen\u2019s drivebuddyAI. The system will monitor driver fatigue and provide real-time feedback to drive improvements in safety and compliance. Roadzen\u2019s drivebuddyAI was selected following a comprehensive five-month validation process, competing against the world\u2019s leading video telematics and ADAS vendors. The contract, which carries a term of five years for more than 500 vehicles, is expected to deliver over seven figures in revenue over … <\/p>\n

Continue reading “Roadzen Chosen by One of the World\u2019s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-793464","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRoadzen Chosen by One of the World\u2019s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Roadzen Chosen by One of the World\u2019s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company\u201d), a global leader in AI at the convergence of insurance and mobility, today announced that a leading liquefied petroleum gas (LPG) supplier in India\u2014a wholly owned subsidiary of one of the world\u2019s largest LPG companies\u2014will outfit its entire truck fleet with Roadzen\u2019s drivebuddyAI. The system will monitor driver fatigue and provide real-time feedback to drive improvements in safety and compliance. Roadzen\u2019s drivebuddyAI was selected following a comprehensive five-month validation process, competing against the world\u2019s leading video telematics and ADAS vendors. 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(Nasdaq: RDZN) (“Roadzen” or the “Company\u201d), a global leader in AI at the convergence of insurance and mobility, today announced that a leading liquefied petroleum gas (LPG) supplier in India\u2014a wholly owned subsidiary of one of the world\u2019s largest LPG companies\u2014will outfit its entire truck fleet with Roadzen\u2019s drivebuddyAI. The system will monitor driver fatigue and provide real-time feedback to drive improvements in safety and compliance. Roadzen\u2019s drivebuddyAI was selected following a comprehensive five-month validation process, competing against the world\u2019s leading video telematics and ADAS vendors. The contract, which carries a term of five years for more than 500 vehicles, is expected to deliver over seven figures in revenue over … Continue reading \"Roadzen Chosen by One of the World\u2019s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-09T16:48:07+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxNjI5OCM2NjI5MDgwIzIyNjEwNjA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Roadzen Chosen by One of the World\u2019s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance","datePublished":"2024-12-09T16:48:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/"},"wordCount":904,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxNjI5OCM2NjI5MDgwIzIyNjEwNjA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/roadzen-chosen-by-one-of-the-worlds-largest-lpg-carriers-to-bring-ai-to-its-fleet-for-road-safety-and-compliance\/","name":"Roadzen Chosen by One of the World\u2019s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance - 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