Excelsior Correspondent
JAMMU, July 7: From its Fund VI – Empower India Fund, Canbank Venture Capital Fund Ltd (CVCFL) invested in Bangalore based conversational AI Company, M/s. CoRover Private Limited.
The capital will be used to fund CoRover’s expansion, and towards R&D to enhance its AI-based platform.
CVCFL is a wholly owned subsidiary of Canara Bank and has so far managed five Venture Capital Funds and Empower India Fund is its sixth fund.
CoRover is the first Human Centric conversational AI company founded by Ankush Sabharwal, Manav Gandotra and Kumal Bhakhri.
CoRover has over 400 million+ unique users and more than 20 Billion+ interactions. It has users across the world and has seen the highest user traction in India
CoRover has various successful AI Virtual Assistants (like AskDisha, AskSarkar, AskDoc.ai, AskPai, AskVaani, AskMaitri, YukimiBot and many more) which are built using CoRover’s proprietary and patent protected cognitive AI technology, which is powered by Artificial Intelligence, Machine Learning, Natural Language Processing, Augmented Reality, Virtual reality and Robotic Process Automation.
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