Roadzen, Inc. Closes Business Combination with Vahanna Tech Edge Acquisition I Corp.

Winston & Strawn represented Roadzen, Inc., a global insurance technology company, in the completion of its previously announced business combination with Vahanna Tech Edge Acquisition I Corp., a special purpose acquisition company. The combined company will operate as Roadzen Inc. and is listed on Nasdaq under tickers “RDZN” and “RDZNW” for its ordinary shares and warrants, respectively. Roadzen provides B2B AI solutions to the auto insurance market, primarily to automakers and fleet operators. Roadzen’s CEO Rohan Malhotra will continue to lead the combined company following the closing of the transaction. The transaction is expected to accelerate Roadzen’s investment in its sales and growth initiatives, and its technology, to allow it to pursue its growth as well as other strategic M&A opportunities.