HDFC Bank announced that it has invested in CoRover, a Bengaluru-based conversational AI startup. CoRover has created BharatGPT, a pioneering, sovereign, and enterprise-grade Large Language Model (LLM).
Founded in 2016 by Ankush Sabharwal, Kunal Bhakhri, and Manav Gandotra, CoRover offers conversational AI Chatbot as a Service (CaaS), AI VoiceBots, AI VideoBots, IVR bots, and WhatsApp bots to reduce costs, enhance revenue, and improve customer experience and operational efficiency.
CoRover has a user base of 1 billion and is trusted by over 25,000 enterprises and developers that develop conversational AI agents, AI Assistants (VideoBot, VoiceBot, ChatBot), and Telephony AI solutions. These solutions are powered by BharatGPT, a multilingual, multimodal, and domain-adaptable LLM built entirely in India, for India.
Arup Rakshit, Group Head Treasury, HDFC Bank, said, “Development of BharatGPT, which enables exchange of information in multiple Indian languages for a diverse country like India, set apart CoRover for us. We value the expertise of CoRover, catering to the unique vernacular requirements. We are privileged to play a meaningful role in the IndiaAI Startups Global Accelerator Programme through CoRover.”
Ankush Sabharwal, Founder & CEO of CoRover, said, “We are honoured to have the trust and support of HDFC Bank, along with other investors, as we expand the reach and impact of BharatGPT. This partnership signals a shared commitment to building AI that is sovereign, secure, inclusive, and capable of scaling across India’s most critical sectors.”
