India's Addverb Technologies seeks $100M+ to develop humanoid robots and AI systems. The Reliance-backed startup ranks outside the global top 30 and has yet to report net profit.

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…

Addverb Technologies Ltd is seeking to raise more than $100 million, trying to cement its role as the country’s top maker of robots.