Dalmia Transport Selects Roadzen's DrivebuddyAI to Enhance Fleet Safety with Advanced Computer Vision
29 April 2024 - 11:20PM
Roadzen Inc. (Nasdaq:
RDZN)
("Roadzen" or the "Company"), a global leader in AI at the
convergence of insurance and mobility, today announced that Dalmia
Transport & Logistics ("Dalmia") has selected Roadzen's
proprietary ADAMATICS technology platform, DrivebuddyAI, for its
fleet operations. Roadzen’s strategic partnership with Dalmia will
span five years. The selection of Roadzen’s technology was
finalized after a comprehensive three-month validation process of
DrivebuddyAI by Dalmia.
ADAMATICS combines Advanced Driver Assistance Systems (“ADAS”)
using neural networks along with telematics technology and
incorporates advanced safety features such as collision avoidance
and driver drowsiness detection. Coupled with video-telematics, it
enables real-time audio warnings and tagging of recorded incidents.
This marks a significant move towards enhancing safety and
operational efficiency within the fast-growing logistics industry
in India.
Naman Dalmia, Partner at Dalmia Transport, emphasizing the
strategic value of adopting DrivebuddyAI’s ADAS, commented,
"Roadzen’s DrivebuddyAI’s cutting-edge ADAS product has the
potential to revolutionize driver management and real-time risk
aversion through improved driver safety and behavior monitoring.”
Mr. Dalmia added, “Incorporating DrivebuddyAI’s ADAS into our fleet
serves multiple strategic purposes. We can easily identify new or
risky driving behaviors and use the data to coach our drivers,
helping them to correct bad habits and improve their
performance."
Nisarg Pandya, head of DrivebuddyAI, stated, "With ADAMATICS
proactive fleet monitoring and coaching, we believe we can
significantly enhance fleet operations and driver behavior over
time. We are proud that, after rigorous evaluation, DrivebuddyAI
was chosen over the world’s leading video telematics and ADAS
vendors to partner with Dalmia. The rapid expansion of India's
logistics sector, which is heavily dependent large vehicle fleets,
also adds to the urgency of deploying these advanced systems for
transportation and safety."
Affirming the Company's growing global reach, Rohan Malhotra,
CEO of Roadzen, commented, “Our partnership with Dalmia reflects
Roadzen's increasing pipeline of global opportunities. It
demonstrates our shared commitment to improve road safety and
operational efficiencies for fleets." Mr. Malhotra added, “We are
also delighted to note that Piper Sandler & Co. and Jefferies
Financial Group Inc. have recognized Roadzen as a top candidate for
potential inclusion in the Russell 2000 - a significant milestone
in our journey as a public company.”
DrivebuddyAI, a subsidiary of Roadzen, is at the forefront of
leveraging AI for enhanced fleet safety and insurance, offering
innovative solutions like ADAMATICS that integrate ADAS with
telematics. This groundbreaking technology is setting new standards
for fleet operations and risk management in the transportation
sector.
About Roadzen
Roadzen (NASDAQ: RDZN) is a leading insurance
technology company on a mission to transform global auto insurance
powered by AI. Thousands of clients—from some of the world’s
leading insurers, fleets, and carmakers, to small fleets, brokers,
and insurance agents—use Roadzen’s technology to build new
products, sell insurance, process claims, and improve road safety.
Roadzen’s pioneering work in telematics and computer vision has
earned recognition as a top AI innovator by publications such as
Forbes, Fortune, and Financial Express. Roadzen has 400 employees
across its global offices in the US, India, UK, and France. To
learn more, please visit www.roadzen.ai.
For more information, please contact:
Media Contacts:
Sanya Soni: sanya@roadzen.ai
Gutenberg: roadzen@thegutenberg.com
Investor Contacts:
Yvonne Zappulla: yvonne@roadzen.ai
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