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CanBank Venture Capital Fund Ltd has invested an undisclosed sum in CoRover, a conversational AI startup. CoRover plans to use the funds to grow its business and invest in research and development to improve its AI-based platform. People from all around the world utilize CoRover. It claims to have the largest user base in India.
The funds will be used to expand CoRover’s business and invest in R&D to improve its AI-based platform.
Ankush Sabharwal, Manav Gandotra, and Kunal Bhakhri established CoRover in 2016 as a human-centric conversational AI business. It provides a managed Chatbot as a Service (CaaS) with self-onboarding assistance and an AI-based VideoBot platform to assist companies in reducing expenses, increasing revenue, and improving customer experience and operational efficiency.
According to CoRover, the company has over 400 million unique users and over 20 billion interactions. It is used by people all around the world. It claims to have attracted the most users in India. The firm has also gone worldwide, offering a conversational AI platform to businesses in the United States, the United Kingdom, the United Arab Emirates, and Japan and attempting to grow to many more nations.
CoRover has several AI virtual assistants, including AskDisha, AskSarkar, AskDoc.ai, AskPai, AskVaani, AskMaitri, YukimiBot, and others, that are powered by artificial intelligence (AI), machine learning (ML), natural language processing (NLP), augmented reality (AR), virtual reality (VR), and robotic process automation (RPA).
CoRover’s AI bots are available through various channels, including the website, app, WhatsApp, IVR, SMS, Microsoft Teams, and other social media and IM channels, and are available in various formats, including text, voice, and video. It also supports around 12+ Indian/vernacular and 100+ foreign languages to meet the needs of customers.