CoRover AI, the maker of BharatGPT, received USD 4 million in series A funding led by Venture Catalysts. This funding will help CoRover develop its technology, expand its team, and accelerate its go-to-market strategy.

The company plans to enhance its offerings for businesses and consumers and explore new revenue streams. CoRover’s generative AI-powered conversational bots are used in e-commerce, healthcare, finance, education, banking, mobility, and retail industries.

The funding was led by Venture Catalysts and included other investors such as CanBank Venture Capital Fund, IIM Calcutta, Indraprastha Institute of Information Technology Delhi (IIIT Delhi), Cogniphy LLC, Karekeba Ventures, and Lead Angels. 

Apoorva Ranjan Sharma, co-founder of Venture Catalysts, believes that CoRover’s approach to creating human-centric conversational AI aligns with the growing demand for more natural digital interactions. CoRover aims to make AI technology more human-like and transform how businesses engage with customers.

CoRover’s solutions have been deployed by partners such as the Indian Railway Catering and Tourism Corporation (IRCTC), the National Payments Corporation of India, the Life Insurance Corporation of India (LIC), and the Securities and Exchange Board of India (SEBI).

The company’s solutions can improve revenue growth, enhance profits, and elevate customer experiences across over 100 languages and 20 channels for over a billion users.

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