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.
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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.
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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.
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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.