Vaave Secures Rs 6.6 Crore to Revolutionize Alumni Engagement

Vaave has raised Rs 6.6 crore in maiden external funding led by Aditya Vuchi and Raj Narayanam.

Founded by Paresh Masade, Yasaswy Peesapati, and Jaipal Reddy Kadaari in 2015, Hyderabad, India, Vaave is building a subscription-based SaaS model that helps institutions and corporates build stronger alumni networks and engagement.

The fresh capital will be used to enter new markets, improve products, and reinforce its leadership in alumni networking.

• Over the past 10 years, Vaave has partnered with 1,200+ institutions in 28 countries, including IISc, 5 IITs, 10 IIMs, 13 NITs, and 2 IIITs.
• The company also manages 35 corporate alumni platforms for leading organizations like Tata Steel, Deloitte, Virtusa, and Bosch.