Event

Addverb marks 10 years and expands into humanoids and US R&D

Jun 24, 2026 · Market Signal · Addverb · Warehouse Logistics

Addverb marked its 10-year anniversary while detailing US expansion, 100,000-robot annual manufacturing capacity and a humanoid roadmap.

  • Addverb said it had unveiled Elixis-W, a wheeled industrial humanoid, in early 2026 and was preparing a walking Elixis robot later in the year.
  • The company said it had R&D facilities in India and the US plus subsidiaries in the United States, Australia, Singapore and the Netherlands.
  • Addverb reported FY 2024-25 revenue of INR 800 crore and a target above INR 1,400 crore by FY27.

Addverb builds warehouse and industrial automation systems including AMRs, sortation, shuttle AS/RS, picking stations, software and newer physical-AI platforms such as quadruped and humanoid robots.

Company
Addverb
Segment
Warehouse Logistics
Event type
Market Signal
Added to Korthos
Jul 23, 2026
Geography
Noida, Gautam Buddha Nagar · India