India’s AI Future Gets a Boost: HDFC Bank Invests in CoRover

Mumbai,  August 19, 2025: HDFC Bank, India's leading private sector bank, today announced that it has invested in CoRover, a leading conversational AI company. CoRover has created BharatGPT —  a pioneering, sovereign, and enterprise-grade Large Language Model (LLM). 

CoRover, which has a user base of 1 billion and is trusted by over 25,000 enterprises and developers, develops 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.” 

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.