Corover Secures $4 Mn In Series A Funding Led By Venture Catalysts

Multi-Stage Venture Catalysts lead a USD 4 million Series A round in CoRover. Other key participants included CanBank Venture Capital Fund (CVCFL), IIM Calcutta (Innovation Park), iHub Anubhuti IIITD Foundation, Cogniphy LLC, Karekeba Ventures, Lead Angels and more.

Founded by Ankush Sabharwal (CEO), Kunal Bhakhri, and Manav Gandotra, CoRover has quickly established itself as a leader in the Conversational artificial intelligence (AI) space. The company's cutting-edge platform empowers businesses to create engaging and personalised conversational experiences across various channels, including AI chatbots, AI voice bots, AI video bots, IVR bots, and WhatsApp bots.

Apoorva Ranjan Sharma, Co-Founder, Managing Director, Venture Catalysts, commented on the investment, “CoRover represents the future of human-machine interaction. Their innovative approach to creating human-centric Conversational AI aligns perfectly with the growing demand for more natural and effective digital interactions. We believe their platform has the potential to transform how businesses engage with customers across various industries. This investment underscores our commitment to supporting groundbreaking technologies that have the power to revolutionise industries and create new opportunities for businesses worldwide.”

The company said that CoRover's platform is designed to cater to a wide range of industries, including e-commerce, healthcare, finance, education, mobility, and retail. The company offers solutions for businesses of all sizes, from small enterprises to large corporations, across various geographic regions. 

Ankush Sabharwal and Kunal Bhakhri, Co-founders, CoRover, expressed their vision for the company, “With this investment, we are equipped with the required arsenal to advance our GenAI-powered conversational AI, expanding its reach and influence, all while staying true to our commitment to human-centric innovation. As it is, the platform, products and services from CoRover stand test of acceptance and scale. Going forward, we endeavour to make technology more human, aptly bridging the gap between man and machine interaction to echo human-to-human interaction.”