“We greatly appreciate Mizuho’s continued belief in our vision. This extension and facility increase, combined with management’s recent debt-to-equity exchange, advances our continuing efforts to simplify the company’s balance sheet and address inherited going-public costs – an effort we will look to conclude this summer. As Roadzen’s technology continues to gain market traction, these steps are important in paving the way to achieving a market valuation that reflects our potential.”

https://fintech.global/2024/07/31/ai-driven-insurance-firm-roadzen-secures-4m-funding-from-mizuho-securities/?stream=top