Company · Addverb 0 items

Addverb Technologies was founded in 2016, with its headquarters in Noida, India, and is a global robotics company focused on warehouse automation and industrial robotics technology.

The company started with the Pallet Shuttle as its first product and has since evolved into a developer of mobile robots, automated storage and retrieval systems, sorting systems, and more.

With 15 offices worldwide, the company serves over 350 customers, including Amazon, Flipkart, Unilever, and PepsiCo.

In 2022, India's Reliance Group acquired a stake in Addverb for $132 million, becoming its majority shareholder.

In 2024, the company announced its official entry into the humanoid robotics field.

The company generated revenue of INR 80 billion in the fiscal year 2024-2025.