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InDrive Invests in Pakistan's Krave Mart

  • InDrive has invested in Krave Mart , a fast-growing online grocery delivery platform in Pakistan.
  • Krave Mart delivers thousands of grocery orders daily and competes with established players like Foodpanda.
  • It has also developed hundreds of private-label products to enhance its profit margins.
  • The funding will enable Krave Mart expand in Pakistan and new markets.
  • The investment is part of inDrive’s $100M venture fund for aligned startups.
  • This supports inDrive's vision to become a multi-service super app.

Source: Bloomberg

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