Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced its partnership with Simple Energy, a new-age player building high-range electric two-wheelers, and a leading global reinsurer to offer extended warranties for Simple Energy’s vehicles. The reinsurer provides the underwriting capacity and is responsible for paying claims.

Simple Energy is dedicated to transforming the future of mobility through sustainable and innovative solutions. The company’s flagship product, the Simple One, is a high-performance electric scooter designed to offer superior range, cutting-edge technology, and a sleek design. Simple Energy places a strong emphasis on the development of advanced EV components, including long-lasting batteries, to ensure reliability and efficiency, and customer satisfaction. The company’s manufacturing facility in Hosur, Tamil Nadu, India, delivers precision-engineered electric vehicles, underscoring its commitment to quality and sustainability. As a key player in the electric mobility revolution in India, Simple Energy is focused towards making EVs a better driving experience as compared to its ICE counterparts.

Roadzen serves as the program administrator, leveraging its AI-powered technology platform to provide a seamless purchase-to-claims experience for Simple Energy’s customers. The platform manages everything from pricing and issuing policies to collecting premiums and processing claims—in real-time and in any currency worldwide. This solution is designed to address the complexities of underwriting electric vehicles—a rapidly growing segment in India, which has over 260 million two-wheelers on its roads undergoing rapid electrification.

Suhas Rajkumar, CEO, Simple Energy said “At Simple Energy, we are committed to providing innovative automobile solutions, and this partnership reinforces that dedication. With Roadzen’s innovative use of AI technology, we are able to offer our customers a seamless, future-ready warranty solution that ensures the long-term performance and reliability of their EVs. This collaboration is crucial in enhancing our customer experience, providing an integrated warranty and smooth claims process directly through the Simple Energy app, bringing peace of mind to our customers at their fingertips.”

“We believe reliable coverage is crucial to accelerating EV adoption,” said Rohan Malhotra, CEO of Roadzen. “We are using AI to streamline pricing and to adjudicate claims, giving Simple Energy’s customers complete peace of mind. By partnering with insurers and reinsurers, we’re able to scale this solution for a fast-emerging EV two-wheeler market that we expect to grow significantly in the coming years.”