Draft:Addverb

Addverb
Addverb is a material movement solutions provider based in Noida, India. Reliance Retail acquired about 55 per cent stake in Addverb for $132 million in July 2021.

Apart from its headquarters in Noida, the company has its presence in Netherlands, Australia, the UAE, Malaysia, and Germany. Addverb operates its research and development centres in both India and the USA.

Its product portfolio includes Mobile Robots, ASRS (Automated Storage and Retrieval Systems), Picking Technologies, and Warehouse Management Software.

Addverb has worked with more than 300 clients globally which includes Fortune 500 companies like Reliance, DHL, PepsiCo, Indian Oil, Unilever, Coca-Cola, Diageo, Amazon, Lenskart, ITC etc.

Products & Services
Addverb’s product portfolio consists of -

Mobile Robots - AMRs (Dynamo), Sorting RobotMulti-Carton Picking Robot (Veloce), Vertical Sortation Robot (SortIE), Rail Guided Vehicle.

Automated Storage & Retrieval System (ASRS) - Multi-Level Shuttle (Medius), Crane ASRS, Carton Shuttle (Quadron), Mother Child Shuttle (Multi-Pro), Pallet Shuttle (Cruiser).

Person to Goods - Pick to Light (Rapido), Pick by Voice (Zesty).

Software - Warehouse Management System (Optimus), Warehouse Execution System (Concinity), Warehouse Control System (Mobinity), Fleet Management System (Movect).

Future
Addverb is expanding its operations into healthcare automation, focusing on the healthcare sector. Initial projects involve the development of haptic sensors functioning as joysticks to enhance control for medical professionals over robotic systems. The company is also working on a collaborative robot (cobot) for lower limb rehabilitation and an exoskeleton to offer wearable robotic support for upper limb assistance in patient care. .