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Addverb Technologies

Private

Developer of warehouse automation, autonomous mobile robots, and industrial humanoids.

Founded 2016$132M raised

Humanoid Robots

About Addverb Technologies

Addverb Technologies is a robotics and warehouse automation company headquartered in Noida, India. Founded in 2016, the company develops autonomous mobile robots, warehouse automation systems, industrial software, and humanoid robotics for logistics and manufacturing. It has expanded globally and operates one of the world’s largest robot manufacturing facilities, with annual production capacity of up to 100,000 robots. Reliance Industries became the company’s majority shareholder in 2022, accelerating Addverb’s international expansion and investment in advanced robotics. Alongside its established intralogistics business, Addverb is developing humanoid robots to automate material handling and warehouse operations, extending its automation platform beyond traditional mobile robots.

Technical Profile

Platform maturity, autonomy stack, and flagship-system specifications in one view.

Technology Snapshot

A concise view of platform maturity and deployment footprint.

Flagship PlatformELIXIS-W

ELIXIS-W Specs

Published operating specifications for the lead system.

Battery Life2 h
Degrees of Freedom41

Investors

Latest Updates

April 30, 2024Company MilestoneCorporate
Addverb broadens its global footprint

The company expanded globally with subsidiaries in the US, Singapore, Netherlands, and Australia, serving 100+ customers.

Addverb Technologies Team

Addverb Technologies History

  1. June 24, 2016

    Addverb is founded in Noida

    Addverb was founded in 2016 in Noida, India, by five co-founders led by CEO Sangeet Kumar, building a homegrown Indian robotics company for warehouse automation.

    NoidaWarehouse automation
  2. 2021 - 2025

    Bot-Valley and Bot-Verse scale production

    Addverb inaugurated Bot-Valley (50,000 robots/year capacity) in 2021 and Bot-Verse (100,000 robots/year), one of the world's largest robot manufacturing plants. Products include the Dynamo AMR, Zippy sorting robot, and Veloce picker.

    Bot-ValleyBot-Verse
  3. January 18, 2022

    Reliance becomes the strategic owner

    Early funding came from Jalaj Dani (Asian Paints co-promoter) and GAIL India. The transformative moment came in January 2022 when Reliance Retail acquired 54% for $132 million, opening doors to Amazon, Flipkart, and FMCG companies.

    Reliance54% stake
  4. April 30, 2024

    Addverb broadens its global footprint

    The company expanded globally with subsidiaries in the US, Singapore, Netherlands, and Australia, serving 100+ customers.

    Global expansion100+ customers