Ride hailing inDrive acquires Pakistan’s KraveMart to bolster grocery delivery

Global ride-hailing institution inDrive, known for its bid-based pricing model, has acquired Pakistan-based quick-commerce startup Krave Mart, TechCrunch has learned, arsenic it pushes further into market transportation and commerce services successful South Asia.

The all-stock deal, agreed past year, has received support from the Competition Commission of Pakistan, allowing the companies to proceed with the transaction, 2 sources acquainted with the substance told TechCrunch. inDrive confirmed the acquisition but declined to disclose its fiscal terms.

Founded successful 2021, KraveMart is simply a market transportation startup operating successful Karachi, Rawalpindi, and Lahore. The startup delivers groceries successful astir 30 minutes done a web of acheronian stores.

The acquisition is portion of inDrive’s broader propulsion into market transportation arsenic it expands beyond ride-hailing into commerce services. The Mountain View, California-headquartered institution initially launched market deliveries successful Kazakhstan successful September 2025 and expanded the work to Pakistan successful January this twelvemonth done a concern with Krave Mart, which received an investment from inDrive successful December 2024.

That concern came done inDrive’s task and mergers-and-acquisitions arm, launched successful November 2023 to invest up to $100 million implicit the adjacent fewer years to assistance bolster the company’s super-app strategy.

“We are pleased with the support from the Competition Commission of Pakistan arsenic we proceed to enactment intimately with Krave Mart to grow entree to accelerated and reliable market transportation services crossed the country, astir precocious launching successful Lahore nether the inDrive.Groceries brand,” said Andries Smit, Chief Growth Businesses Officer astatine inDrive, successful an email statement.

He said the Krave Mart and inDrive brands volition proceed to run successful Karachi arsenic the institution expands its market transportation offering.

Expanding market transportation successful Pakistan could beryllium difficult. The marketplace is dominated by Foodpanda, which has operated successful the state for much than a decennary and is backed by German transportation radical Delivery Hero, according to an manufacture source. Quick-commerce typically requires important clip and superior earlier it becomes meaningfully profitable, making it hard for caller entrants to scale, the root said.

According to information from Sensor Tower, inDrive has been the world’s second-most downloaded ride-hailing app since 2022 and ranks arsenic the fourth-most downloaded question app globally, down Google Maps, Uber and Waze, with much than 400 cardinal downloads. The app is besides the astir downloaded ride-hailing work successful 9 countries, including Peru, Panama, Egypt, Morocco and Pakistan, per Sensor Tower.

inDrive operates successful much than 1,000 cities crossed 48 markets worldwide, giving it a wide basal arsenic it expands into caller services specified arsenic market delivery.