Bhave is the inventor of ThaelyTex, a leather-like fabric made entirely out of waste plastic bags. In 2020, he founded Thaely as a vegan sneaker brand that uses ThaelyTex to produce sustainable sneakers. Each pair is constructed from components made from 10 plastic bags and 12 plastic bottles. Since the start of 2021, Thaely has recycled over 250,000 plastic bags and 270,000 plastic bottles produced and sold over 11,000 sneakers across the globe. The company raised $1.1 million in a seed round from billionaire Anand Mahindra's family office and Metro Brands.