Reliance-backed robotics startup Addverb seeks to raise ₹952 cr

Anushka Singh, Published on Jun 10th, 2026

Reliance-backed robotics startup Addverb seeks to raise ₹952 cr

Indian robotics startup Addverb, which is backed by Reliance Industries, is seeking to raise $100 million (₹952 crore). This marks the startup's first such effort since Reliance Industries acquired a 54% stake in Addverb for $132 million in 2022. Addverb makes robots for factory automation, health care, defence, research, and electronics manufacturing for customers, including Lenskart Solutions.

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