ReferIndia News Ambani-backed robot startup seeks $100 million to lead in India

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Ambani-backed robot startup seeks $100 million to lead in India

Published on: June 10, 2026, 9:47 a.m. | Source: The Economic Times

Reliance-backed robotics startup Addverb Technologies is looking to raise over $100 million to fund expansion into humanoid robots, AI and advanced automation. The company, which generates half its revenue overseas, targets a spot among the world's top 10 robotics firms within five years.

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