Bangalore, June 25 : AI shopping assistant startup Zave has raised INR 4.7 crore in a bridge round led by Inflection Point Ventures, with participation from Mucker Capital. The funds will be used to strengthen its AI-powered product, enhance platform reliability and scalability, and advance its AI intelligence to support its continued growth trajectory of 50% month-over-month.
Zave is on a mission to become the primary shopping agent for 50 million shoppers globally, enabling consumers to make faster, smarter, and more informed purchase decisions across the fragmented commerce ecosystem. Operates on top of Amazon, Flipkart, and more than 5,000 brand websites and apps, Zave understands user shopper intent in real time and surfaces relevant alternatives, better deals, and product insights while shoppers browse. By eliminating the need to compare products across multiple tabs and platforms, Zave streamlines product discovery and decision-making, creating a more intuitive and personalized shopping experience.
Mitesh Shah, Co-founder, Inflection Point Ventures says
"The online shopping ecosystem has become increasingly cluttered with consumers constantly switching between platforms to compare products, prices, and reviews. Zave is addressing this challenge by using AI to understand shopper intent in real time, delivering personalized recommendations that redefines convenience and enhances the overall shopping experience. In a short span, the company has demonstrated impressive traction, strong engagement metrics, and growing transaction volumes, validating a clear product-market fit. At IPV, we believe Zave is well-positioned to become a key intelligence layer in the future of digital commerce."
He further adds,
”The platform has already demonstrated strong early traction, surpassing 500,000 installs and serving over 50,000 daily active users. Zave powers more than ₹15 crore in monthly commerce transactions through its AI-driven recommendation engine”
Commenting on the investment, Hiren Patel, CEO & Co-founder says,
“There hasn't been a meaningful breakthrough in consumer AI since ChatGPT. The next wave requires rethinking how people discover, consume, and act on information in an AI-first world, a challenge far more complex than it appears, especially in a fragmented and fiercely competitive industry like commerce. Building for that future demands deep conviction and a willingness to start from first principles.”
As of 2026, India is a $130 billion commerce market serving over 270 million mobile-first shoppers surpassing the United States, which has approximately 260 million shoppers. Despite its scale, commerce remains largely transactional, with no dedicated decision-intelligence layer helping consumers navigate choice, compare products, and make better purchase decisions. This creates a significant opportunity to build the AI-native interface for shopping.
Zave AI is founded by Hiren Patel and Ravi Kumar, who bring complementary expertise across business growth and technology. Hiren Patel, CEO, is a graduate of Mumbai University and previously served as Enterprise Lead at Plum, a Sequoia-backed insurtech company, where he gained valuable experience in scaling high-growth businesses. Ravi Kumar, CTO, holds a degree in Computer Science from PTU and was formerly a Senior Software Developer at Fynd, the fashion-tech platform later acquired by Reliance Retail. Together, they combine deep technical expertise with strong operational and growth experience, enabling Zave AI to build innovative AI-driven solutions at the intersection of commerce and financial technology.
