About CoRover
CoRover is a company based in Bengaluru (India) founded in 2016 by Kunal Bhakhri, Manav Gandotra, Ankush Sabharwal, and Rahul Ranjan.. CoRover has raised $4.96 million across 8 funding rounds from investors including Tilt, HDFC Bank and Venture Catalysts. The company has 24 employees as of August 26, 2024. CoRover operates in a competitive market with competitors including Infobip, Hyro, Avaamo, Passage AI and Cognigy, among others.
- Headquarter Bengaluru, India
- Employees 24 as on 26 Aug, 2024
- Founders Kunal Bhakhri, Manav Gandotra, Ankush Sabharwal, Rahul Ranjan
- Stage Minicorn
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Corover Private Limited
- Date of Incorporation 27 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$1.32 M (USD)127.83as on Mar 31, 2023
-
Net Profit
$351.54 K (USD)122.83as on Mar 31, 2023
-
EBITDA
$350.02 K (USD)79.17as on Mar 31, 2023
-
Total Equity Funding
$4.96 M (USD)
in 8 rounds
-
Latest Funding Round
-
Investors
Tilt
& 21 more
-
Employee Count
24
as on Aug 26, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of CoRover
CoRover has successfully raised a total of $4.96M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Last Round
- First Round First Round
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series A - CoRover | Valuation |
investors |
|
| Jun, 2024 | Amount | Series A - CoRover | Valuation | Venture Catalysts | |
| Jul, 2023 | Amount | Seed - CoRover | Valuation | Lead Angels |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CoRover
CoRover has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tilt, HDFC Bank and Venture Catalysts. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage startup ecosystem is supported by Venture Catalysts in India.
|
Founded Year | Domain | Location | |
|
Investment in high-growth startups and angel funding services in India.
|
Founded Year | Domain | Location | |
|
Venture capital investments are managed for promising startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CoRover
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - CoRover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Corover Comparisons
Competitors of CoRover
CoRover operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Infobip, Hyro, Avaamo, Passage AI and Cognigy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based messaging and communication solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
An AI-based conversational platform is provided for healthcare task automation.
|
|
| domain | founded_year | HQ Location |
Conversational AI platform for enterprises is provided by Avaamo.
|
|
| domain | founded_year | HQ Location |
A no-code platform for enterprise chatbot development is offered.
|
|
| domain | founded_year | HQ Location |
Cognigy is recognized for developing conversational AI solutions for customer service.
|
|
| domain | founded_year | HQ Location |
Cloud-based voice APIs are offered for application integration.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Corover
Frequently Asked Questions about CoRover
When was CoRover founded?
CoRover was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is CoRover located?
CoRover is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of CoRover?
Ankush Sabharwal is the current CEO of CoRover. They have also founded this company.
Is CoRover a funded company?
CoRover is a funded company, having raised a total of $4.96M across 8 funding rounds to date. The company's 1st funding round was a Seed of $377.64K, raised on Sep 12, 2018.
How many employees does CoRover have?
As of Aug 26, 2024, the latest employee count at CoRover is 24.
What is the annual revenue of CoRover?
Annual revenue of CoRover is $1.32M as on Mar 31, 2023.
What does CoRover do?
CoRover was established in 2016 in Bengaluru, India, as a provider of conversational and generative AI solutions. Machine learning and natural language processing are employed to facilitate automatic responses to user queries and actions across multiple languages, channels, and formats. An end-to-end managed chatbot service is offered, enabling the training, integration, and upgrading of chatbot models for various business applications in the AI sector.
Who are CoRover's investors?
CoRover has 22 investors. Key investors include Tilt, HDFC Bank, Venture Catalysts, Authum Investment & Infrastructure, and Lead Angels.
What is CoRover's valuation?
The valuation of CoRover is $12.57M as of Jul 2023.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.