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ADDVERB TECHNOLOGIES LIMITED

Addverb

U74999UP2016PLC122944

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees727
  • Founded Year 2016
  • Company StagePublic Limited Company
  • Total Funding₹1,458.66 Cr
  • Industry

  • Headquarter
  • Company StatusAcquired
About Addverb
Addverb is a global robotics company based out of India. Their products incorporate the latest technologies and vastly improve the efficiency and accuracy of the intralogistics operations. Addverb unlocked the true potential of automated systems through the synergy of their in-house manufactured hardware and robust software enabling us to charge ahead in the domain of robotics automation. Addverb foster innovation and provide leading solutions in future warehouse and supply chain.
Business Model

Reliance Retail controlled Addverb designs and builds robotics and warehouse automation solutions for clients. The company generates revenue from sale of such products and from installation and commission on sales. The company currently has a warehouse robotics manufacturing and research & development facility in Noida and is in the process of setting up a second manufacturing facility in Greater Noida with enhanced capacity, generating employment for about 5,000 highly skilled individuals.

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Unbox RoboticsU72900KA2019PTC124451
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ArmstrongU29100MH2002PTC136465
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Arapl RaasL29299PN2010PLC135298
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Falcon AutotechU29230DL2010PTC207115
Addverb Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹1,458.66 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Reliance Retail
Note:

Valuation as on Mar 16, 2021.

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Addverb Financial Details
Financial Highlights
FY 2022-23 Revenue₹450.78 Cr
FY 2022-23 Expenses₹516.44 Cr
FY 2022-23 Profit/Loss-₹58.17 Cr
Net Cash Flow From Operations-₹133.09 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Addverb Key People
People Metrics
Current Core Team5
Board Members/Directors10

Core Team

SS
Satish ShuklaCo-Founder
BS
Bir SinghCo-Founder
PJ
Prateek JainCo-Founder & COO
AK
Amit KumarCo-Founder
SK
Sangeet KumarCo-Founder & CEO

Board Members/Directors

CS
Chandrakant Shripad GokhaleDirector
AK
Ashok Kumar GoyalDirector
DH
Dhirendra Harilal ShahDirector
SK
Sangeet KumarWholetime Director
JA
Jalaj Ashwin DaniDirector
HJ
Hetal Jignesh RathodDirector
AA
Ashwin Ahamendra KhasgiwalaDirector
VS
Venkatachalam SubramaniamDirector
KM
Kiran Mathew ThomasDirector
AK
Anish Keshavlal ShahDirector
Addverb Documents

AY - 2018-19

Profit and Loss statement - Addverb - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Addverb for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Addverb - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Addverb for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Addverb - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Addverb for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Addverb - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Addverb for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Addverb - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Addverb for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Addverb - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Addverb for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Addverb - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Addverb for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Addverb - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Addverb for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Addverb - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Addverb for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Addverb - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Addverb for FY 2022-23.
₹249.00 ₹498.00

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