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Know the Company : What is Addverb Technologies; Reliance Retail's latest acquirement

The company that has just got Reliance Retail on board as their largest shareholder, saw its inception in 2016 when 5 former Asian Paints executives set out to transform the functioning of supply chain operations.

January 18, 2022 / 08:52 PM IST
Addverb Technologies builds robotics and automation solutions for factories and warehouses (Representative Image)

Addverb Technologies builds robotics and automation solutions for factories and warehouses (Representative Image)

When one thinks of a warehouse, a godown type imagery immediately appears with minimal lighting and not as much tech and automation. However, Addverb Technologies has been on a journey to change that very perception.

The company that has just got Reliance Retail on board as their largest shareholder, saw its inception in 2016 when 5 former Asian Paints executives set out to transform the functioning of supply chain operations.

What does Addverb Technologies do?

The Noida based startup is an intra-logistics automation solution provider. It builds robotics and automation solutions for factories and warehouses. The idea is to automate laborious tasks related to the storage and movement of goods in controlled environments.