Ambani-backed robot startup eyes $100M+ Raise to Expand AI, Humanoid Robotics Ambitions

Addverb Technologies, the robotics startup backed by Reliance Industries, is seeking to raise more than $100 million as it expands beyond warehouse automation into humanoid robotics, artificial intelligence, and advanced industrial systems.

The fundraising effort comes as the Indian company looks to strengthen its position in a global robotics market dominated by Chinese manufacturers and rapidly growing competition in AI-powered automation.

Expansion plans accelerate

Addverb has built its business around robots used for material handling, sorting, and warehouse operations. The company now aims to broaden its technology portfolio by investing in next-generation robotics platforms, including humanoid systems and AI-driven automation tools.

The planned capital raise would support product development, research initiatives, and international expansion as the company seeks to compete more aggressively in overseas markets.

A significant portion of Addverb’s revenue already comes from outside India, highlighting the company's growing global footprint and its ambitions to become a major player in the robotics industry.

Building a global robotics contender

The robotics sector has attracted increased investment as manufacturers, logistics operators, and retailers adopt automation to improve efficiency and address labor shortages. Advances in artificial intelligence are also enabling robots to perform more complex tasks and operate in less structured environments.

Against that backdrop, Addverb is positioning itself to move beyond traditional warehouse automation and participate in emerging categories that are expected to define the next phase of robotics development.

The company’s strategy reflects a broader push by Indian technology firms to build domestic capabilities in advanced manufacturing and automation while reducing dependence on imported robotic systems.

Competition from China remains intense

Chinese robotics companies continue to hold a strong position across industrial automation, warehouse robotics, and emerging humanoid technologies. Their scale, manufacturing capacity, and growing AI expertise have made China one of the most influential forces in the global robotics market.

Addverb’s planned fundraising underscores the level of investment required to compete internationally. By expanding its AI and robotics capabilities, the company aims to strengthen its standing among the world's leading automation firms and increase its presence across key global markets.

The move signals rising confidence in India’s robotics ecosystem as domestic companies seek larger roles in a sector expected to play a central part in the future of manufacturing, logistics, and intelligent automation.