Addverb overview

Addverb is an Indian warehouse automation and robotics company offering AMRs, ASRS, sortation systems, picking technologies and warehouse software. It has become a significant player in Asia and global logistics automation by providing a broad technology stack rather than a single robot type.

Company fact	Detail
Founded	2016
Country	India
Address	Noida, Uttar Pradesh
Employees	Approx. 1,000+; public estimates vary
Specializes in	Warehouse automation, mobile robots, ASRS, sortation, picking and software
Products	Dynamo AMR, Veloce sortation, Quadron ASRS, Zippy, Pick-to-light, WES/WMS software
Typical projects	Retail distribution, e-commerce fulfillment, manufacturing warehouses, grocery and FMCG logistics, automated storage and sortation projects
Management and ownership	Addverb is privately held and backed by Reliance Industries. Co-founder and CEO: Sangeet Kumar. Strategic ownership includes Reliance-related investment.

Website: addverb.com

Addverb review summary

Addverb is an Indian robotics company that makes mobile robots, storage systems and sorters for warehouses and factories. Four former Asian Paints executives founded it in 2016, and Reliance bought a 54% stake in 2022 for USD 132 million. This profile sets out its history, ownership, factories and products.

Verified key facts from the review

Fact	Detail
Company	Addverb Technologies
Founded	2016
Founders	Sangeet Kumar, Bir Singh, Prateek Jain and Satish Shukla
Headquarters	Noida, India
Majority owner	Reliance, 54%, since 2022
Main factory	Bot Verse, Greater Noida
Stock listing	None