April 8 2025
Breaking Alert

HDFC bank bets big on India’s AI future with CoRover investment

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CoRover, creator of BharatGPT—India’s sovereign, enterprise-grade LLM—serves over 1 billion users and 25,000+ enterprises with AI-powered conversational agents, offering a multilingual, multimodal, and domain-adaptable model built entirely to address India’s diverse linguistic and business needs

 

 

HDFC Bank, India’s top private sector bank, has invested in CoRover, a leading conversational AI firm behind BharatGPT — India’s sovereign, enterprise-grade Large Language Model (LLM). CoRover serves over 1 billion users and 25,000+ enterprises, offering AI-powered conversational agents like VideoBot, VoiceBot, and ChatBot. BharatGPT is a multilingual, multimodal, and domain-adaptable LLM developed entirely in India to meet the country’s diverse linguistic and business needs.

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.”

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.

CoRover’s 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.