The Tech Pandatakes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing. 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 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.” Led by: Unicorn India Ventures, Callapina Capital and AWE Funds Ikin Global, an IoT smart lock brand created by SectorQube has raised $2 million in Pre-Series A2 led by Unicorn India Ventures, Callapina Capital and AWE Funds, which is an early growth venture capital firm in India that invests in innovative, tech-led businesses that promote gender equity and sustainability. Funds raised will be strategically deployed to facilitate geographical expansion into new markets including the US, Europe and West Asia. The funds will also be utilized for new product development, specifically to build a comprehensive security platform tailored for the oil & gas industry in India. Furthermore, they will be directed towards team expansion and operations scaling that will help increase production capacity in India and strengthen field operations to support international rollout. Anil Joshi, Founder & Managing Partner, Unicorn India Ventures says, “IKIN Global is solving a real business problem, as e-commerce and logistics sector expand, the need for intelligent asset protection is expected to grow. There is a high demand for smart warehouses, digital supply chain and connected logistics networks that has created a rise in demand for IoT enabled security solutions. The company has been doing exceptionally well and we believe it has a strong potential to strengthen its positioning not only in India but in the International markets as well. Their growing capabilities is the reason we continue to back them.” Vetic, an Indian pet healthcare network, closed a $40 million funding round led by Bessemer Venture Partners (BVP), with participation from existing investors Greenoaks Capital, Lachy Groom, and JSW Family Office. Bessemer has been an investor in multiple earlier rounds as well. “Every great consumer category
