inDrive has officially acquired Karachi-based quick-commerce startup Krave Mart in an estimated $45 million all-stock deal, marking a major move in the company’s effort to expand its Super App strategy in South Asia. The transaction was recently approved by the Competition Commission of Pakistan (CCP).
The acquisition signals inDrive’s deeper commitment to the Pakistani market and its ambition to move beyond ride-hailing into multiple services including grocery delivery, logistics, and digital commerce. For the local tech ecosystem, the deal represents one of the most significant startup exits in recent years.
Headquartered in Mountain View, inDrive has grown into one of the world’s largest mobility platforms. The company is currently the second most-downloaded ride-hailing app globally after Uber, operating in more than 1,000 cities across 48 countries.
The acquisition is the result of a strategic partnership that began in December 2024, when inDrive’s venture and mergers arm, inDrive New Ventures, invested $10 million in Krave Mart from its $100 million global fund. In January 2026, both companies launched a pilot service called inDrive.Groceries, allowing users to order daily essentials directly through the inDrive app.
The pilot leveraged Krave Mart’s dark-store infrastructure, enabling deliveries within 20 to 30 minutes from a catalog of more than 7,500 grocery items. The service initially launched in Karachi before expanding to Lahore and Rawalpindi.
According to Andries Smit, nearly half of the company’s $100 million venture fund has already been deployed in Pakistan, highlighting the country’s strategic importance in inDrive’s regional expansion plans.
In the short term, Krave Mart will continue to operate as a separate brand in Karachi to ensure a smooth transition. Kassim Shroff described the acquisition as a “major leap forward,” combining Krave Mart’s operational speed with inDrive’s technological reach and massive user base.
The move also intensifies competition in Pakistan’s quick-commerce sector, which has largely been dominated by Foodpanda following the collapse of startups like Airlift during the global venture capital downturn in 2022.
By integrating grocery services directly into its ride-hailing platform, inDrive could significantly reduce customer acquisition costs and quickly scale its delivery business by targeting millions of existing users on the app.
However, building a true Super App in Pakistan remains challenging. Several companies, including Careem, Bykea, and Jazz, have previously attempted similar strategies but struggled to achieve sustainable scale due to lower disposable incomes and highly price-sensitive consumers.
Despite these challenges, the Krave Mart acquisition is widely seen as a positive signal for Pakistan’s startup ecosystem, demonstrating that local companies can still achieve meaningful exits by focusing on sustainable operations and strong unit economics.
For consumers, the deal could bring more competition, better service quality, and potentially lower delivery costs as global players invest more aggressively in Pakistan’s rapidly evolving digital economy.
