Addverb Aims To Be A Billion-dollar Company In The Next 5 Years - Addverb

Addverb aims to be a billion-dollar company in the next 5 years

Addverb Technologies was started by a group of passionate individuals who came together to provide innovative material handling automation solutions to make warehouses and supply chains (agile and robust) and meet dynamic business requirements. The company is based in Noida and headquartered in its state-of-the-art manufacturing facility, Bot-Valley.

From a revenue of Rs 1.6 crores in 2016-17 to clocking over Rs 330 crores in revenue in 2022, the company has come a long way and today has more than 750 employees spread across the world with offices in the US, Netherlands, Dubai, Singapore, Germany, and Australia.

Over the period, the company has developed an extensive product portfolio, comprising both fixed and flexible automation with a range of products which include mobile robots, sorting robots, and automated storage & retrieval systems (ASRS), powered by its enterprise software.

Addverb has established presence across multiple categories like FMCG, petrochemicals, food & beverage, e-commerce, pharmaceuticals, logistics, and more, with global conglomerates like DHL, Unilever, PepsiCo, Coca Cola, Reliance, Asian Paints, Par Pharmaceutical, etc.

Read more to know Addverb’s plans for the future