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
- Sangeet KumarChief Executive Officer
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
- Elixis-W Wheeled humanoid
Industrial wheeled humanoid; ~100 units planned in year one - Warehouse automation systems Mobile manipulator
Market & financials
Part of Reliance Industries (54% stake)
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.
Galbot
Direct competitorBoth build wheeled humanoids for commercial and industrial work: Galbot runs wheeled humanoids in retail stores and on factory lines, while Addverb builds a wheeled industrial humanoid alongside warehouse automation.
Exotec
Direct competitorBoth sell warehouse-automation systems: Exotec makes the Skypod warehouse order-picking robot system, while Addverb builds a wheeled industrial humanoid alongside warehouse automation.
Galaxea AI
Direct competitorBoth build wheeled humanoids for commercial and industrial work: Galaxea AI builds wheeled dual-arm and humanoid robots, while Addverb builds a wheeled industrial humanoid alongside warehouse automation.
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Rainbow Robotics
Direct competitorBoth build wheeled humanoids for commercial and industrial work: Rainbow Robotics makes cobots and humanoids and is Samsung's humanoid arm, while Addverb builds a wheeled industrial humanoid alongside warehouse automation.
Holiday Robotics
Direct competitorBoth build wheeled humanoids for commercial and industrial work: Holiday Robotics builds FRIDAY, a dexterous wheeled humanoid for factories, while Addverb builds a wheeled industrial humanoid alongside warehouse automation.
Hexagon Robotics
Direct competitorBoth build wheeled humanoids for commercial and industrial work: Hexagon Robotics makes the wheeled AEON industrial humanoid, piloted with BMW and Schaeffler, while Addverb builds a wheeled industrial humanoid alongside warehouse automation.
Ocado Group
Direct competitorBoth sell warehouse-automation systems: Ocado Group licenses its robot-run Ocado Smart Platform fulfilment systems to grocers, while Addverb builds a wheeled industrial humanoid alongside warehouse automation.
Collaborative Robotics (Cobot)
Adjacent competitorBoth sell mobile manipulators for warehouse and industrial work: Collaborative Robotics makes Proxie, a mobile robot for hospitals, warehouses and factories, while Addverb builds a wheeled industrial humanoid alongside warehouse automation.
Recent news
- — Elixis-W wheeled humanoid unveiled at LogiMAT India 2026 Economic Times
Sources
- Addverb unveils wheeled humanoid Elixis-W at LogiMAT India 2026 (Economic Times) (Feb 5, 2026)
- First made-in-India wheeled humanoid for industrial use takes centre stage (Business Standard) (Feb 5, 2026)
- Addverb's humanoid bet (Inc42) (Feb 20, 2026)
Confidence: medium.