a day ago
HDFC Bank invests in BharatGPT creator CoRover
HDFC Bank has made an unspecified investment in CoRover, a conversational AI company. CoRover has created BharatGPT, a sovereign, and enterprise-grade Large Language Model (LLM).
CoRover has a user base of 1 billion and caters to over 25,000 enterprises and developers, develops conversational AI agents, AI Assistants (VideoBot, VoiceBot, ChatBot). Its 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,' he added.
Ankush Sabharwal, Founder & CEO of CoRover said, 'This partnership signals a shared commitment to building AI that is sovereign, secure, inclusive, and capable of scaling across India's most critical sectors.'
'CoRover acknowledges the pivotal role of the Government policy push and initiatives like IndiaAI Mission, for presenting opportunities like the IndiaAI Startups Global, a prestigious international acceleration programme in partnership with Station F, Paris and HEC Paris,' the company said.
CoRover said its proprietary platform enables enterprises to rapidly deploy intelligent conversational AI agents across voice, video, and chat integrated with BharatGPT's deep language understanding, dialectal diversity, and contextual accuracy.
The company's recent launch of BharatGPT Mini allows AI to function on low-end devices and without internet connectivity (Telephony AI), dramatically expanding accessibility in infrastructure-limited environments.
