AI
HDFC Bank invests in BharatGPT creator CoRover
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HDFC Bank has invested in Bengaluru-based conversational AI startup CoRover marking the first such investment by a leading private bank in a generative AI model developer startup. The companies did not disclose the funding amount.
This comes after CoRover raised $4 million in Series A funding in September 2024 from investors such as Venture Catalysts, CanBank Venture Capital Fund, IIM Calcutta Innovation Park and IIIT Delhi’s iHub Anubhuti.
CoRover, the creator of BharatGPT sovereign large language model (LLM) serves over 1 billion users and 25,000…
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