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Why Insurance Technology Company Roadzen Shares Are Gaining Today
Roadzen, Inc. (NASDAQ:RDZN) shares are trading higher on Tuesday.
Yesterday, the company reported its first fiscal year as a public company. In addition, Roadzen said it was included in the Russell 2000, Russell 3000, and Russell Microcap indexes, bringing new institutional shareholders.
For FY24, revenue jumped 245% year over year to $46.7 million due to incremental revenue from U.S. and U.K. acquisitions and continuing growth in India.
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