Roadzen Inc. announced its financial results for the third quarter ended December 31, 2025, reporting an 18.8% year-over-year revenue increase to $14.4 million and a 25.4% reduction in operating loss. The company also disclosed the acquisitions of EliteCover and VehicleCare, and an agreement to extend its senior secured debt facility.
Key takeaways
Q3 revenue increased 18.8% year-over-year to $14.4 million, with nine-month revenue reaching a record $38.9 million.
Operating loss narrowed to $(2.4) million, a 25.4% improvement from $(3.2) million in the prior-year quarter.
Adjusted EBITDA loss improved 67.1% year-over-year to $(0.59) million, marking the sixth consecutive quarter of improvement.
Roadzen acquired majority control of EliteCover on December 3, 2025, providing access to the U.S. commercial auto insurance market.
Subsequent to quarter-end, Roadzen acquired VehicleCare, valuing its India subsidiary at approximately $280 million.
The company reached an agreement to extend its $11.5 million senior secured debt facility with Mizuho Securities USA LLC to June 30, 2027.