Bengaluru-based CoRover.ai Secures $4 Million Investment from Google for BharatGPT, an Indian Answer to OpenAI’s ChatGPT
Indian AI startup CoRover is set to receive a significant financial boost from Google, as the tech giant plans to invest $4 million in the company. CoRover.ai is the creator of BharatGPT, an advanced AI solution that has been hailed as India’s equivalent to OpenAI’s ChatGPT. This investment marks a major step in the development and expansion of CoRover, which is based in Bengaluru.
BharatGPT, CoRover’s language model, offers a wide range of features that surpass the capabilities of ChatGPT. It supports over 12 Indian languages and more than 120 foreign languages, making it one of the most versatile language models in the market. Unlike ChatGPT, which primarily handles text, BharatGPT can process diverse data formats, including images, audio, video, and maps.
According to CoRover, BharatGPT boasts an impressive 90% accuracy level. The system leverages a vast repository of internet data to continuously enhance its content and provide users with contextually relevant information. It can adapt to factors such as region, sector, domain, client, business, and specific use cases.
One of the key advantages of BharatGPT is its seamless integration with custom knowledge bases, Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) systems, as well as Application Programming Interfaces (APIs) for real-time transactions. This capability allows organizations to build and manage chatbots across different communication channels effectively.
BharatGPT has already gained traction among prominent organizations in India, including IRCTC, LIC, Max Life Insurance, NPCI, and the Government of India. These organizations recognize the value of CoRover’s AI virtual assistant services, which currently cater to over one billion users.
In addition to the $4 million investment, Google has been supporting CoRover as a strategic partner by offering cloud computing credits. This collaboration aims to scale up BharatGPT in the coming weeks and maximize its potential.
The equity investment from Google follows an earlier non-equity funding of $500,000 earlier this year. The discussions for the $4 million investment took place after the official launch of BharatGPT. The funds will be instrumental in further developing and expanding the capabilities of the Indian conversational AI startup.
As CoRover continues its growth trajectory, its innovative solutions are likely to shape the future of AI and language models in India and beyond. With the backing of Google and the success of BharatGPT, CoRover is primed to make a significant impact in the global AI landscape.
With this investment, Google reinforces its commitment to harnessing the potential of AI and supporting innovative startups in India. The collaboration between CoRover and Google holds promise for the development of cutting-edge AI technologies that address the specific needs and diversity of languages in the Indian market.
As the world of AI continues to evolve, CoRover’s BharatGPT is undoubtedly a powerful addition to the industry, offering a robust and versatile solution that transcends language barriers and enhances user experiences.
