Recent media sources claim that Google, a significant player in the IT industry, is in talks to invest roughly $4 million in Corover.ai, a local conversational artificial intelligence business. Following the announcement of the official launch of BharatGPT in the upcoming weeks, Google discussed investing $4 million in equity and made a non-equity funding of $500,000 in Corover, having already signed an agreement with the firm in March of this year. By December, the new investment is expected to be received.
Corover.ai
With its in-house cognitive AI technology, CoRover Conversational AI Platform provides managed Chatbot as a Service (along with Self-Onboarding support) to assist businesses in increasing revenue, cutting costs, enhancing customer satisfaction, and streamlining operations.
Founded in 2016 by Ankush Sabharwal, Kunal Bhakhri, Manav Gandotra and Rahul Ranjan, CoRover claims to be the world’s first and the highest ROI delivering human-centric Conversational and Generative AI platform; which is said to be secure, scalable and reliable; equipped with patent-pending tech (based on AI, ML, NLP, AR & VR); and powers Multi-Format (AI VideoBots, AI VoiceBots, AI ChatBots), Multi-Lingual (100+ Languages) and Multi-Channel/Omni-Channel AI Virtual Assistants being used by 1 Billion+ users.
According to their official website, CoRover now has its own Generative AI (text, voice, video), with an option to use ChatGPT.
The organization has gained the trust of numerous major corporations, like Microsoft, Birlasoft, Google, and Accenture, to mention a few. It also has a competitive edge due to its versatility and fast turnaround times.
CoRover has been chosen for the 2020 ASSOCHAM 4th ICT Awards TOP 10 list. The Combat Covid-19 Challenge, organized by the Karnataka Innovation & Technology Society, has declared CoRover’s AskDoc.ai the winner. Additionally, the company won the AatmaNirbharBharat App innovation challenge, which was started by the Indian PM.