inDrive, the global ride-hailing leader, has officially acquired Pakistan-based quick-commerce startup KraveMart following approval from the Competition Commission of Pakistan.
The all-stock deal, agreed upon last year, marks a significant step in inDrive's expansion into grocery delivery services across emerging markets.
Company Backgrounds and Strategic Fit
Founded with a unique bid-based pricing model, inDrive operates in over 1,000 cities worldwide and boasts more than 400 million downloads as the second-most downloaded ride-hailing app globally.
KraveMart, launched in 2021, specializes in ultra-fast 30-minute grocery deliveries from dark stores in major Pakistani cities like Karachi, Lahore, and Rawalpindi.
From Partnership to Full Acquisition
The acquisition builds on inDrive's December 2024 investment in KraveMart and their January 2026 partnership that introduced grocery services in Pakistan under the inDrive.Groceries brand.
Andries Smit, inDrive's Chief Growth Businesses Officer, expressed delight over the regulatory approval, noting ongoing expansions including a recent launch in Lahore.
Market Challenges and Opportunities
Pakistan's grocery delivery sector is dominated by Foodpanda, yet inDrive aims to disrupt with its established user base and super-app ambitions.
This move enhances inDrive's commerce offerings, following its grocery debut in Kazakhstan in September 2025.
Financial terms remain undisclosed, but the deal aligns with inDrive's $100 million venture arm launched in 2023 for M&A in emerging markets.
Both KraveMart and inDrive brands will coexist in Karachi, promising broader access to reliable quick-commerce.
Looking ahead, the acquisition positions inDrive as a multifaceted super-app contender, potentially reshaping ride-hailing and delivery landscapes in South Asia.
Alfred Lee
