Company overview
Addverb at a glance
Addverb was started in 2016 by a group of professionals who had worked together on automation projects at Asian Paints. The founding team included Sangeet Kumar, Prateek Jain, Bir Singh, Satish Kumar Shukla and Amit Kumar. Addverb builds technology for automating warehouses and factories. Its products include autonomous mobile robots, automated storage and retrieval systems, sorting systems, picking technologies and warehouse-management software. These products help businesses move, store and retrieve goods with less manual handling. The company designs both hardware and software and manufactures robots in India. Addverb serves customers in sectors such as e-commerce, retail, consumer goods and manufacturing and has expanded into international markets. Reliance Industries became a major shareholder, giving Addverb additional resources for global growth and manufacturing expansion.