International ride-hailing firm inDrive, identified for its bid-based pricing mannequin, has acquired Pakistan-based quick-commerce startup Krave Mart, TechCrunch has discovered, because it pushes additional into grocery supply and commerce companies in South Asia.
The all-stock deal, agreed final yr, has obtained approval from the Competitors Fee of Pakistan, permitting the businesses to proceed with the transaction, two sources acquainted with the matter instructed TechCrunch. inDrive confirmed the acquisition however declined to reveal its monetary phrases.
Based in 2021, Krave Mart is a grocery supply startup working in Karachi, Rawalpindi, and Lahore. The startup delivers groceries in about half-hour by a community of darkish shops.
The acquisition is a part of inDrive’s broader push into grocery supply because it expands past ride-hailing into commerce companies. The Mountain View, California-headquartered firm initially launched grocery deliveries in Kazakhstan in September 2025 and expanded the service to Pakistan in January this yr by a partnership with Krave Mart, which received an investment from inDrive in December 2024.
That funding got here by inDrive’s enterprise and mergers-and-acquisitions arm, launched in November 2023 to take a position as much as $100 million over the following few years to assist bolster the corporate’s super-app technique.
“We’re happy with the approval from the Competitors Fee of Pakistan as we proceed to work carefully with Krave Mart to broaden entry to quick and dependable grocery supply companies throughout the nation, most lately launching in Lahore below the inDrive.Groceries model,” mentioned Andries Smit, chief progress companies officer at inDrive, in an electronic mail assertion.
He mentioned the Krave Mart and inDrive manufacturers will proceed to function in Karachi as the corporate expands its grocery supply providing.
Techcrunch occasion
San Francisco, CA
|
October 13-15, 2026
Increasing grocery supply in Pakistan might show tough. The market is dominated by Foodpanda, which has operated within the nation for greater than a decade and is backed by German supply group Supply Hero, in response to an business supply. Fast-commerce usually requires vital time and capital earlier than it turns into meaningfully worthwhile, making it tough for brand spanking new entrants to scale, the supply mentioned.
Based on information from Sensor Tower, inDrive has been the world’s second-most downloaded ride-hailing app since 2022 and ranks because the fourth-most downloaded journey app globally, behind Google Maps, Uber, and Waze, with greater than 400 million downloads. The app can also be probably the most downloaded ride-hailing service in 9 nations, together with Peru, Panama, Egypt, Morocco, and Pakistan, per Sensor Tower.
inDrive operates in additional than 1,000 cities throughout 48 markets worldwide, giving it a broad base because it expands into new companies akin to grocery supply.
