Roadzen Stock Hovers Near $2 With Russell Index Move in Sight
Roadzen Inc traded at $1.895 in pre-market Friday, up 2.4%, valuing the company at about $149 million as it prepares to join Russell indexes this month. The company recently raised $8 million but changed terms on convertible notes and delayed some payments. CEO Rohan Malhotra highlighted index inclusion at a Chicago conference. Roadzen’s stock movement diverged from larger insurtech peers Lemonade and Root.