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Zave - About the company

Zave is a seed company based in Bengaluru (India), founded in 2023 by Ravi Khatri and Hiren Patel. It operates as an App-based platform offering rewards for multi-category products. Zave has raised $545K in funding from Inflection Point Ventures, with a current valuation of ₹*****. The company has 86 active competitors, including 9 that are funded. Its top competitors include companies like ShopBack, CashKaro and Multipl.

Company Details

App-based platform offering rewards for multi-category products. It offers users to earn cash rewards for buying mobile phone, booking flights, restaurants, and more.
Website
zave.app
Email ID
*****@zave.app
Phone Number
+91 **********
Registered Address
F NO.401, NAVYA NIKETAN G.C. PALYA, Bangalore, BANGALORE, Karnataka, India, 560048
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Seed
Total Funding
$545K in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Oct 21, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
9 as on May 31, 2026
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Zave's funding and investors

Zave has raised a total funding of $545K over 3 rounds. Its first funding round was on Aug 21, 2023. Its latest funding round was a Seed round on Jun 25, 2026 for $*****. 2 investors participated in its latest round. Zave has 2 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Zave:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 25, 2026
5503812
Seed
8985092
1964240
5537135
5305398
Oct 21, 2024
6554300
Angel
7624829
9886590
6245955
3390801
Aug 21, 2023
7303320
Angel
1862141
6265680
5632238
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Zave's founders and board of directors

Founder? Claim Profile
The founders of Zave are Ravi Khatri and Hiren Patel. Hiren Patel is the CEO of Zave.
Here are the details of Zave's key team members:

Zave's employee count trend

Zave has 9 employees as of May 26. Here is Zave's employee count trend over the years:
Employee count trend for Zave
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Zave's Competitors and alternates

Top competitors of Zave include ShopBack, CashKaro and Multipl. Here is the list of Top 10 competitors of Zave, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ShopBack
ShopBack
2014, Singapore (Singapore), Series F
Online platform providing cashback rewards, coupons, and promo codes for purchases
$350M
79/100
2nd
Logo for CashKaro
CashKaro
2013, Gurugram (India), Series C
Platform offering cashback and coupon offers from e-commerce portals
$32.5M
77/100
3rd
Logo for Multipl
Multipl
2019, Bengaluru (India), Seed
Provider of investment platform offering options for short and long-term
$5.77M
69/100
4th
Logo for Zave
Zave
2023, Bengaluru (India), Seed
App-based platform offering rewards for multi-category products
$545K
51/100
5th
Logo for Fave India
Fave India
2014, India, Unfunded
Online platform offering rewards and cashback on multi-category products and services
-
-
49/100
6th
Logo for TalkCharge
TalkCharge
2015, Gurugram (India), Unfunded
Online platform for discounts and cashback
-
-
47/100
7th
Logo for Global Garner
Global Garner
2016, Ahmedabad (India), Seed
Online platform offering rewards & cashback for multi-category products and services
$63.3K
44/100
8th
Logo for GoPaisa
GoPaisa
2012, Noida (India), Unfunded
Platform offering cashback and coupon offers from e-commerce sites
-
-
43/100
9th
Logo for Plusgold
Plusgold
2022, Bengaluru (India), Seed
Digital gold investment app allowing users to purchase and redeem gold as jewelry at partner jeweler stores
$1.69M
43/100
10th
Logo for Bownuz
Bownuz
2019, Kochi (India), Unfunded
Online platform offering prizes and cashback for multi-category products
-
-
39/100
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Zave's Latest cap tables and shareholding

Founders (largest shareholder) own 96.15% and Angels own 3.85%. The net worth of Zave's founders is INR 10Cr as of Oct 21, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
96.15%
10Cr
1125372
4148037
9050554
7518885
3657755
2905874
9662972
8109739
1736718
6625600
2051785
2409174
7047847
4894791
4485612
9323429
Angel
3.85%
40L
518
322
778
770
5
8
6
8
2
6
Total
100.00%
10.4Cr
2992789
6313708
5068176
7901252
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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Zave's Investments and acquisitions

Zave has made no investments or acquisitions yet.

Reports related to Zave

Here is the latest report on Zave's sector:

News related to Zave

Media has covered Zave for 1 event in last 1 year.
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FAQs about Zave

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