Ride-hailing company inDrive has acquired Pakistani Krave Mart to support grocery delivery

Global ride-hailing company InDrive, known for its bid-based pricing model, has acquired Pakistan-based express commerce startup Krave Mart, TechCrunch has learned, as it pivots into grocery delivery and commerce services in South Asia.

The all-stock deal, which was agreed last year, has received approval from the Competition Commission of Pakistan, allowing the companies to proceed with the deal, two sources familiar with the matter told TechCrunch. InDrive confirmed the acquisition but declined to disclose its financial terms.

Founded in 2021, Krave Mart is a grocery delivery startup operating in Karachi, Rawalpindi and Lahore. The startup delivers groceries in about 30 minutes through a network of dark stores.

The acquisition is part of inDrive’s broader push into grocery delivery as it expands beyond ride-hailing services into commercial services. The Mountain View, California-headquartered company initially launched grocery delivery services in Kazakhstan in September 2025 and expanded the service to Pakistan in January this year through a partnership with Krave Mart, which received an investment from inDrive in December 2024.

The investment came through the inDrive venture and mergers and acquisitions arm, which launched in November 2023 to invest up to $100 million over the next few years to help advance the company’s hyper-app strategy.

“We are pleased with the Competition Commission of Pakistan’s approval as we continue to work closely with Krave Mart to expand access to its fast and reliable grocery delivery services across the country, which was recently launched in Lahore under the inDrive.Groceries brand,” Anders Smit, CEO of inDrive’s growth business, said in an email statement.

He said the Krave Mart and inDrive brands will continue to operate in Karachi as the company expands its grocery delivery offerings.

Expanding grocery delivery in Pakistan can be difficult. Foodpanda, which has been operating in the country for more than a decade, dominates the market and is backed by German delivery group Delivery Hero, according to an industry source. Flash trading typically requires significant time and capital before it becomes meaningfully profitable, making it difficult for new entrants to expand, the source said.

According to data from Sensor Tower, inDrive is the second most downloaded ride-hailing app in the world since 2022 and ranks as the fourth most downloaded travel app globally, behind Google Maps, Uber and Waze, with more than 400 million downloads. The app is also the most downloaded ride-hailing service in nine countries, including Peru, Panama, Egypt, Morocco and Pakistan, according to Sensor Tower.

inDrive operates in more than 1,000 cities across 48 markets around the world, giving it a broad base as it expands into new services like grocery delivery.