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 84 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
Investors
Ranked
6th among 84 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
9 as on May 31, 2026
Legal entities associated with Zave
Zave is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZAVE ORBIT PRIVATE LIMITED CIN: U72900KA2022PTC166042 , India, Active | Sep 13, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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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.
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 | 9075686 | Seed | 8216058 | 3945785 | 3856735 | 3984746 |
Oct 21, 2024 | 2167860 | Angel | 1821875 | 5973044 | 2247281 | 1014393 |
Aug 21, 2023 | 2713060 | Angel | 6035897 | 7180459 | 6670183 |
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Zave's founders and board of directors
Founder? Claim ProfileHere are the details of Zave's key team members:
- Ravi Khatri: Co-Founder & CTO of Zave. Contact Info: 1 email address
- Hiren Patel: Co-Founder & CEO of Zave. Contact Info: 1 email address
View details of Zave's Founder profiles and Board Members
Zave's employee count trend
Zave has 9 employees as of May 26. Here is Zave's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform providing cashback rewards, coupons, and promo codes for purchases | $350M | 79/100 | ||
2nd | Platform offering cashback and coupon offers from e-commerce portals | $32.5M | 77/100 | ||
3rd | Provider of investment platform offering options for short and long-term | $5.77M | 69/100 | ||
4th |  Fave India 2014, India, Unfunded | Online platform offering rewards and cashback on multi-category products and services | - | - | 48/100 |
5th | TalkCharge 2015, Gurugram (India), Unfunded | Online platform for discounts and cashback | - | - | 47/100 |
6th | App-based platform offering rewards for multi-category products | $545K | 51/100 | ||
7th |  Global Garner 2016, Ahmedabad (India), Seed | Online platform offering rewards & cashback for multi-category products and services | $63.3K | 44/100 | |
8th | Platform offering cashback and coupon offers from e-commerce sites | - | - | 43/100 | |
9th | Digital gold investment app allowing users to purchase and redeem gold as jewelry at partner jeweler stores | $1.69M | 43/100 | ||
10th | 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 | 2011964 | 2066824 | 9796308 | 6444788 |
1290897 | 6296132 | 8292067 | 3147402 | 4145167 | 4515714 | |
1353062 | 3175136 | 8027288 | 2649577 | 4991892 | 1368753 | |
Angel | 3.85% | 40L | 720 | 675 | 210 | 988 |
8 | 2 | 3 | 7 | 3 | 1 | |
Total | 100.00% | 10.4Cr | 7727345 | 3218275 | 6816261 | 6010804 |
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DisclaimerView more details of Zave's Shareholding
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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