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HDFC Bank Invests in CoRover

CIO Insider Team | Wednesday, 20 August, 2025
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HDFC Bank, the leading private sector bank in India, has invested in CoRover, a prominent conversational AI company responsible for BharatGPT — India’s sovereign, enterprise-level Large Language Model (LLM).

CoRover caters to more than 1 billion users and over 25,000 enterprises, providing AI-driven conversational agents such as VideoBot, VoiceBot, and ChatBot. BharatGPT is a multilingual, multimodal, and domain-adaptable LLM created entirely in India to address the country's varied linguistic and commercial requirements.

Arup Rakshit, Group Head Treasury, HDFC Bank says, “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 Program through CoRover.”

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Ankush Sabharwal, Founder & CEO of CoRover says, “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.”

The company recently introduced BharatGPT Mini, enabling AI to operate on low-end devices and without internet access (Telephony AI), significantly increasing accessibility in infrastructure-challenged settings

CoRover recognizes the critical impact of government policy initiatives such as the IndiaAI Mission, which offers opportunities like the IndiaAI Startups Global, an esteemed international acceleration program in collaboration with Station F, Paris and HEC Paris.

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CoRover’s exclusive platform allows businesses to swiftly implement smart conversational AI agents across voice, video, and chat, incorporating BharatGPT’s advanced language comprehension, dialectal variety, and contextual precision. The company recently introduced BharatGPT Mini, enabling AI to operate on low-end devices and without internet access (Telephony AI), significantly increasing accessibility in infrastructure-challenged settings.



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