Why Reliance invested $130 mn in Sangeet's robotics startup, Addverb
Why Reliance invested $130 mn in Sangeet's robotics startup, Addverb
India has a long legacy of exporting software to the world. Companies like Infosys, Wipro, and TCS are the giants in this field created on the back of this industry.
But guess what? Now, Indian geniuses are flipping the script and exporting hardware globally!
A perfect example of this is Addverb.
Addverb is exporting robotic solutions to the world. They help companies to automate factory or warehouse operations through a whole suite of robots and software.
And the most inspiring thing about them is that they are going out and beating large legacy foreign players, Japanese, European players, and winning deals.
And speaking of winning, Mukesh Ambani's Reliance Retail has invested $130 mn in Addverb, showing how serious they are about this warehouse innovation game!
In our conversation, Sangeet Kumar talks about transitioning from software giants to hardware innovators and their profound impact on the future of technology. It’s a story of bytes, bots and busting norms!
Other Ways to Listen:
Apple Podcast | Amazon Music | Google Podcast
Watch the full conversation on YouTube
Additional readings:-
1.Addverb unveils three robots for varied use cases
2.Addverb's mega robot-making unit in UP touted to power 3,000 jobs
3.India's coolest start-ups: Meet the founders of automated solutions provider Addverb Technologies
4.Future of automation! Addverb’s trio of robots pave way for industry automation
6.Addverb's Bot Verse: Exploring The 'World's Largest' Mobile Robot Factory
7.Addverb: Automation company making robots in India, for the world
Before you go……the analytics only tell me so much, I want to hear what you feel and think about the conversations.
Mail me at ad@thepodium.in with your comments & feedback or if you just want to hear my comments on your startup idea - I love getting your emails!
Until the next founder's thesis📕,
Your host, AD