Addverb Technologies: Revolutionizing Robotics and Warehouse Automation

Addverb Technologies, a Reliance-backed company, is a global leader in robotics and warehouse automation, with a growth rate of 60-80% annually.

  • Addverb Technologies, a Reliance-backed company, is a global leader in robotics and warehouse automation, with a growth rate of 60-80% annually.
  • The company has partnered with Intel to advance its technology and has expanded its client base to include e-commerce, FMCG, chemicals, and new energy sectors.
  • Addverb aims to diversify into healthcare, defense, and infrastructure sectors and plans to introduce robots for ports and airports.

Addverb Technologies, a robotics company founded in 2016, has made significant strides in warehouse automation and intralogistics operations. With a strong foundation in building massive factories and warehouses, the company has bridged the gap between conventional and robotic automation. Their partnership with Intel in 2018 has been instrumental in advancing their technology, utilizing high-end processors for various robotic functions.
The company has a diverse clientele, including major players like Reliance, Amazon, Unilever, and PepsiCo. With a focus on expansion, Addverb has ventured into new sectors, contributing significantly to their revenue. Their international clientele includes notable names like UPS and DHL.
Looking ahead, Addverb aims to expand its reach beyond warehouses and factories into healthcare, defense, and infrastructure sectors. With a goal to grow at a rate of 60-80% annually, the company plans to introduce robots for ports and airports, further diversifying their product offerings. An IPO is also on the horizon, contingent on achieving these growth targets.
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