M&A Deal Summary

Roadzen Acquires EliteCover Insurance

On December 3, 2025, Roadzen acquired insurance company EliteCover Insurance

Acquisition Highlights
  • This is Roadzen’s 1st transaction in the Insurance sector.
  • This is Roadzen’s 1st transaction in the United States.
  • This is Roadzen’s 1st transaction in California.

M&A Deal Summary

Date 2025-12-03
Target EliteCover Insurance
Sector Insurance
Buyer(s) Roadzen
Deal Type Add-on Acquisition

Target

EliteCover Insurance

Woodland Hills, California, United States
EliteCover Insurance is an insurance brokerage that offers a range of commercial and personal insurance products, including commercial auto & truck liability, cargo insurance, general liability, property insurance, business-owner policies, workers’ compensation, and homeowners insurance. EliteCover Insurance is based in Woodland Hills, California.

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Buyer(S) 1

Buyer

Roadzen

Burlingame, California, United States

Category Company
Sector Information Technology
DESCRIPTION

Roadzen is a technology and insurance-mobility company that builds AI-driven solutions for auto insurance, fleet safety, claims processing, roadside assistance, and risk assessment. Its offerings include a computer-vision-based driver monitoring and Advanced Driver Assistance System (DrivebuddyAI), and an AI/telematics/insurance platform for insurers, carmakers, fleets, and dealers. Roadzen is based in Burlingame, California.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1