April 2022
2 briefs archived this month.
- AI
Addverb to Build World's Largest Robot Manufacturing Facility in Noida
Reliance-backed robotics and warehouse automation company Addverb Technologies has announced plans to establish the world's largest robot manufacturing factory in Noida, India. The upcoming facility will be ten times larger than Addverb's existing 2.5-acre Bot-Valley manufacturing site in Noida. The mega factory will deploy advanced production techniques centered on human-robot collaboration to manufacture next-generation industrial automation systems. The expansion follows Reliance Industries acquiring a 54% majority stake in Addverb for $132 million in January. The new plant aims to scale domestic hardware production and cater to surging global demand for industrial robotics.
Apr 20 · indianweb2.com
- Funding
SucSEED Indovation Leads Pre-Series A Funding in Jobsgaar
Hyperlocal job discovery platform Jobsgaar Technologies has secured an undisclosed amount in a Pre-Series A funding round. The investment was led by SucSEED Indovation Fund, with participation from Blume Founders Fund, BlackSoil, Karekeba Ventures, and prominent angel investors. Founded by Atul Pratap Singh, Jobsgaar operates a WhatsApp-enabled career-tech platform designed to connect blue-collar and gray-collar workers with hyper-local employment opportunities across tier-2 and tier-3 towns in India. The startup plans to use the fresh capital to accelerate product development, expand reach across Bharat, and scale its workforce enablement ecosystem.
Apr 13 · Indianweb2.com