AI shopping assistant startup Zave has raised Rs 4.7 crore in a bridge funding round led by Inflection Point Ventures, with participation from Mucker Capital.
The fresh capital will be used to strengthen its AI-powered product, improve platform infrastructure and scalability, and enhance its AI capabilities to support its reported 50% month-on-month growth.
Founded in late 2024 by Hiren Patel and Ravi Kumar, Zave is an AI-native shopping assistant that helps consumers discover products, compare prices, and make purchase decisions across ecommerce platforms. The startup integrates with Amazon, Flipkart, and more than 5,000 brand websites.
According to the company, it has crossed 500,000 app installs and 50,000 daily active users, while facilitating over Rs 15 crore in monthly transactions through its AI-powered recommendation engine.
Its platform understands shopper intent in real time and recommends alternatives, better deals, and product insights without requiring users to switch between multiple ecommerce platforms.
The startup plans to become a shopping assistant for consumers globally by simplifying product discovery and purchase decisions.