Vaave

Alumni Engagement Softwarevaave.com

Vaave (now Hoopstr) is a Hyderabad-based SaaS platform that provides alumni engagement software and activation services to educational institutions and corporate enterprises, including AI-powered boomerang hire matching, serving clients like IISc, IIMs, Tata Steel, Deloitte, Bosch, and Maruti Suzuki.

Company typePrivate
Founded2011
HeadquartersHyderabad, India
Headcount51–100
GTM typeB2B
OfferingSoftware

What Vaave does

Vaave (now Hoopstr), legally Coherendz India Private Limited, is a Hyderabad-headquartered SaaS company founded in 2011 that provides alumni engagement software and activation services to educational institutions and corporate enterprises. The company operates a cloud-based platform that enables clients to launch and manage alumni portals, track alumni outcomes, run events and webinars, facilitate mentoring and internship programs, and — for corporate customers — identify and re-engage former employees as boomerang hires using AI-driven matching. Its product suite includes the core Alumni Platform, Magic DB for alumni records, Vanguard (Internship Activation Program), Hoopstr Live for real-time engagement, Hoopstr Advance for analytics, Boomerang AI for talent re-engagement, and add-on services for leadership development and brand partnerships.

Vaave monetizes through enterprise SaaS subscriptions combined with managed activation programs (internships, leadership, mentorship) and AI-powered talent solutions. It sells directly to large institutions and corporates via consultative field sales, with no publicly disclosed pricing and customer-acquisition driven by 'Request a Callback' CTAs and dedicated phone lines for India and North America. The customer base spans 18+ named enterprises across Indian higher education (IISc Bangalore, IIM Calcutta, IIM Lucknow, NIT Calicut, VIT, Symbiosis), automotive (Maruti Suzuki, Hero MotoCorp), steel and energy (Tata Steel, Tata Power), technology (Bosch Global Software Technologies, Virtusa, KPIT), consulting (Deloitte), and conglomerates (RPG, GMR, Amar Raja, APCO). After 14 years of bootstrapped operation, the company rebranded from Vaave to Hoopstr in 2026 and secured its first institutional external funding (Rs 6.6 crore, ~$800K) from VCMint and RAN Ventures in January 2026 to support global expansion, product enhancement, and category leadership efforts.

Vaave firmographics

Firmographics

Name: Vaave
Legal name: Coherendz India Private Limited
Website: https://vaave.com
Company type: Private
Founded year: 2011
Operating status: Operating
Headcount range: 51–100 employees
Short description: Vaave (now Hoopstr) is a Hyderabad-based SaaS platform that provides alumni engagement software and activation services to educational institutions and corporate enterprises, including AI-powered boomerang hire matching, serving clients like IISc, IIMs, Tata Steel, Deloitte, Bosch, and Maruti Suzuki.
Ownership category
akta.pro rank

Vaave industry classification

Industry

Product category: Alumni Engagement Software
NAICS: Custom Computer Programming Services (541511), Computer Training (611420)
SIC: Services-Management Consulting Services (8742)
akta.pro primary industry: Gifted & Talented (G&T) / Advanced Learner Tutoring (EDANAKAC)

Keywords

Alumni engagement software
Alumni management platform
Institution alumni networks
Corporate alumni programs
Alumni networking SaaS

Where Vaave is headquartered

Location

Headquarters

HQ city: Hyderabad
HQ country: India
HQ region: Asia

Offices1 record

Markets served

Vaave business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

SaaS Platform Subscriptions: Subscription-based access to the alumni engagement platform, including portal hosting, data management, and engagement tools. Pricing is not publicly disclosed and likely structured per-institution or per-alumni volume tiers.
Alumni Activation Programs: Programs such as Internship Activation (Vanguard) and Leadership Programs are sold as services to institutions seeking managed alumni engagement outcomes beyond pure software licensing.
Corporate Alumni Solutions: Dedicated solutions for corporate clients including Boomerang AI (talent re-hire), Talent Solutions, and Member Benefits/Brand Partnerships, generating revenue through both software licensing and program management fees.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Vaave product offering

Product offering

Core offering

Hoopstr (formerly Vaave) is a SaaS alumni engagement platform that enables educational institutions and corporate enterprises to build and manage exclusive alumni networks. The platform combines a core Alumni Platform (portal, member management, engagement tools) with modular add-ons including Magic DB, Vanguard Internship Activation, Hoopstr Live, Hoopstr Advance, Boomerang AI, Corporate Alumni Program, Talent Solutions, Leadership Program, Member Benefits, and Upskill in AI, delivering outcomes in placements, fundraising, mentoring, and boomerang talent re-hire.

Product overview

Vaave (now rebranded to Hoopstr) is an alumni engagement platform operating as a unified platform-plus-modules architecture. The core offering is the Alumni Platform, which serves as the central hub for managing alumni relationships. This is augmented by specialized modules including Magic DB for database management, Hoopstr Live for real-time engagement, Hoopstr Advance for analytics, and Boomerang AI for AI-powered re-engagement. The company also offers distinct solutions for three segments: institutions (Alumni Platform, Magic DB, Vanguard Internship Program, Hoopstr Live, Hoopstr Advance, Leadership Program), corporations (Corporate Alumni Program, Boomerang AI, Talent Solutions, Brand Partnerships), and alumni/students (Upskill in AI with mentor). The platform is positioned to deliver measurable outcomes including improved placements, increased fundraising, and enhanced institutional rankings.

Differentiator

Problem solved

Functional benefit

Brands

Magic DB: Alumni database management solution
Vanguard
Hoopstr Live
Hoopstr Advance
Boomerang AI
Alumni Capital
Alumni Leadership Program

Products and services

Hoopstr Alumni Platform (formerly Vaave) Core cloud-based SaaS platform for educational institutions and corporate enterprises to build and manage exclusive alumni networks, including portal creation, member tracking, engagement tools, networking, mentoring, placements, fundraising, and institutional rankings support.
Corporate Alumni Program Solution for companies to manage their corporate alumni networks, including former-employee re-engagement and talent pipeline management, sold to large enterprises.
Boomerang AI AI-powered solution enabling companies to identify and re-engage former employees (boomerang hires) through intelligent matching and outreach for open roles.
Talent Solutions Recruitment and talent acquisition service leveraging the corporate alumni network for hiring needs.
Internship Activation Program (Vanguard) Managed program connecting current students with alumni for internship opportunities, driving placement and mentorship outcomes for educational institutions.
Alumni Leadership Program Program for developing alumni leadership skills and connecting emerging leaders within the institutional alumni network.
Alumni Capital Outcome-driven activation program focused on driving real results in placements, fundraising, mentoring, and institutional growth.
Member Benefits (Brand Partnerships) Partnership program offering exclusive benefits and discounts to alumni through brand collaborations, operated as a corporate alumni offering.
Upskill in AI with Mentor Skill development program for alumni and students to upskill in AI with mentor guidance, offered under the For Alumni/Students segment.

Quantifiable outcome

Drive real outcomes — placements, fundraising, mentoring, institutional rankings, brand perception, and increased alumni engagement

Companies that use Vaave

Customer profile

Named customers18 records

Segments3 records

Ideal customer profiles2 records

Vaave technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Vaave partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Vaave competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

Vaave financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Vaave leadership team

Management profile

Number of profiles

Profiles1 record

Vaave funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Vaave M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vaave

What does Vaave do?

Is Vaave a public or private company?

Vaave is a private company. It is classified as venture growth investor backed and is currently operating.

When was Vaave founded?

Vaave was founded in 2011. It employs 51 to 100 people.

Where is Vaave based?

Vaave is headquartered in Hyderabad, India, in the Asia region.

How does Vaave make money?

Three revenue lines are on record. SaaS Platform Subscriptions are the primary driver. The others are alumni Activation Programs and corporate Alumni Solutions.

Does Vaave have an API?

No public API is recorded for Vaave.

What industry is Vaave in?

Vaave's product category is Alumni Engagement Software. Its primary akta.pro industry code is EDANAKAC, Gifted & Talented (G&T) / Advanced Learner Tutoring. Its NAICS code is 541511 and its SIC code is 8742.