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Addverb

Reliance-owned warehouse-automation firm building India's first industrial wheeled humanoid

Division of Reliance Industries · Pilot · Humanoid OEM · Noida, Uttar Pradesh, India · Founded 2016 · addverb.ai

Part of Reliance Industries (54% stake).

Inc42 date approximate.

Profile

Noida-based Addverb, majority-owned by Reliance, is India's largest warehouse-robotics maker. In Feb 2026 it launched Elixis-W, billed as the first made-in-India industrial wheeled humanoid, planning about 100 units in year one with proof-of-concept deployments at four to six customers, starting in Reliance's factories.

People

Source: Warehouse automation to humanoids: Addverb bets on India, CEO says physical AI race has begun (Economic Times) · As of . X handles are shown only when we could confirm they belong to the person.

Flagship robots

Market & financials

Part of Reliance Industries (54% stake)

RELIANCE · NSE

Reliance Industries' market cap

approx. $162.8B (INR 15.8T)

As of · Source

Reliance holds a majority stake in Addverb.

Competitors

Companies with overlapping products. Direct = same customers and same job; Adjacent = overlapping technology or market, different focus.

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Recent news

Sources

Confidence: medium.

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