Funding alert: Tech startups that raked in moolah this month
The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.
Startup: Zave
Sector: AI Shopping Assistant
Amount: INR4.7 Crore
Led by: Inflection Point Ventures
AI shopping assistant startup Zave has raised INR4.7 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.
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...
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