Founded in 2016, Addverb revolutionized warehouses with robotics, now operating globally to advance supply chain innovation ...
Indian robotics startup Addverb is seeking over $100 million to expand AI, humanoid and automation technologies, as the Reliance-backed firm targets global growth and a future IPO.
Reliance-backed Addverb is seeking to raise $100 million to expand its robotics business, accelerate global growth, and compete with Tesla and leading Chinese automation companies.
Reliance has recently acquired a 54% stake in Indian robotics and automation startup Addverb for a sum of $132 Mn Addverb plans to use the amount to expand in international markets, and also in ...
India’s logistics sector is estimated to reach $215 Bn (INR 15 lakh crore) by 2020. With digitisation and ecommerce being integral parts of businesses today, it is imperative that the solutions which ...