AI Shopping Assistant Startup Zave Raises ₹4.7 Crore in Bridge Round Led by Inflection Point Ventures
AI-powered shopping assistant startup Zave has raised ₹4.7 crore in a bridge funding round led by Inflection Point Ventures (IPV), with participation from Mucker Capital. The company said it will use the fresh capital to strengthen its product and infrastructure, improve platform scalability and reliability, and further enhance its AI intelligence capabilities.
The funding comes as Zave continues to scale rapidly, reporting month-on-month growth of nearly 50%.
Founded by Hiren Patel and Ravi Kumar, Zave operates as an AI-native commerce assistant that helps consumers navigate the increasingly fragmented ecommerce ecosystem. The platform analyzes shopper intent in real time and surfaces relevant alternatives, better deals, and product insights while users browse across marketplaces and brand websites.
The company currently operates across major ecommerce platforms including Amazon, Flipkart, and more than 5,000 brand websites and applications.
“The online shopping ecosystem has become increasingly cluttered with consumers constantly switching between platforms to compare products, prices, and reviews,” said Mitesh Shah, Co-founder of Inflection Point Ventures. “Zave is addressing this challenge by using AI to understand shopper intent in real time, delivering personalized recommendations that redefine convenience and enhance the overall shopping experience.”
Shah added that the company has demonstrated strong early traction and engagement metrics, indicating a clear product-market fit.
According to the startup, Zave has surpassed 500,000 installs and currently serves more than 50,000 daily active users. Its AI-powered recommendation engine facilitates over ₹15 crore in monthly commerce transactions.
Commenting on the fundraising, Hiren Patel, CEO and Co-founder of Zave, said the next phase of consumer AI innovation will require fundamentally rethinking how users discover, evaluate, and act on information online.
“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,” Patel said. “Building for that future demands deep conviction and a willingness to start from first principles, especially in a fragmented and highly competitive industry like commerce.”
The company believes it is targeting a sizeable market opportunity. India’s ecommerce sector is estimated to be worth approximately $130 billion in 2026 and serves more than 270 million mobile-first shoppers. Despite the sector’s scale, commerce platforms largely remain transactional, creating an opportunity for AI-powered decision-intelligence solutions that can assist consumers throughout the purchase journey.
Zave was founded in late 2024 and underwent several iterations before achieving what it describes as a strong product-market fit in mid-2025. The startup positions itself as an intelligent shopping layer that helps consumers make faster and more informed purchasing decisions.
Patel previously served as Enterprise Lead at Plum, while Kumar worked as a Senior Software Developer at Fynd, the fashion-tech platform acquired by Reliance Retail.
IPV Deepens Commitment to Growth-Stage Innovation
For Inflection Point Ventures, the investment aligns with its focus on backing technology-driven startups addressing large market opportunities. The angel investment platform has invested more than ₹900 crore across over 280 startups and backed 16 startups during the first quarter of 2026. It also recently launched Physis Capital, a $50 million Category II venture capital fund focused on growth-stage companies.
With the latest funding, Zave plans to accelerate product development and expand its AI capabilities as it works toward its long-term goal of becoming a primary shopping assistant for consumers globally.
