Roadzen's (RDZN) National Automobile Club roadside assistance subsidiary has signed a commercial contract valued at around $1.2 million in annual revenue with a US provider of digital assistance, mass insurance, and extended warranty programs, the company said Thursday.
Under the deal, NAC becomes the exclusive roadside assistance provider within the client's consumer mobile application, serving more than 500,000 users, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.