# Krave Mart

> Krave Mart is a Karachi-based quick-commerce grocery startup that delivers everyday household essentials from a network of neighborhood dark stores, typically in 30 minutes. Founded in 2021 and part of Y Combinator's Summer 2022 batch, it raised what was then Pakistan's largest pre-seed round and built its model around sustainable unit economics and private-label products rather than pure delivery speed. In 2026 it was acquired by ride-hailing company inDrive to power grocery delivery inside inDrive's app.

- **Founded:** 2021
- **Headquarters:** Karachi, Pakistan
- **Founders:** Kassim Shroff (Co-Founder & CEO), Ch Haziq Ahmed (Co-Founder), Hammad Bawany (Co-Founder), Mohammad Ahsan Kidwai (Co-Founder)
- **Team size:** ~80-430 employees (reported ranges vary)
- **Products:** Krave Mart app, Dark store network, Private label products, inDrive.Groceries
- **Notable:** Raised what was reported as Pakistan's largest pre-seed round ($6M) in 2021., Accepted into Y Combinator's Summer 2022 batch., Reported roughly half of its dark stores profitable while most of the category was losing money.

## Products & services

- **Krave Mart app** — iOS and Android grocery app offering 4,500+ products across 15+ categories - groceries, fresh produce, bakery, snacks and household essentials - delivered from local dark stores in about 30 minutes with zero service fees.
- **Dark store network** — A network of neighborhood micro-fulfillment centers (dark stores) across Karachi, Lahore and Rawalpindi that hold inventory close to customers to enable fast, low-cost last-mile delivery.
- **Private label products** — Own-brand staples such as produce, eggs, bread, lentils, rice and sugar, used to widen assortment and improve margins.
- **inDrive.Groceries** — Grocery delivery built into the inDrive app, powered by Krave Mart's dark stores - 7,500+ items, 20-30 minute delivery and free delivery over PKR 499.

## Achievements

- Raised what was reported as Pakistan's largest pre-seed round ($6M) in 2021.
- Accepted into Y Combinator's Summer 2022 batch.
- Reported roughly half of its dark stores profitable while most of the category was losing money.
- Grew average basket size from 3 to about 11 items and SKUs from 1,400 to 2,500+.
- Acquired by inDrive in 2026 in a reported ~$45M all-stock deal, with clearance from the Competition Commission of Pakistan.

## Latest updates

- **2026-03** — inDrive completed a reported ~$45M all-stock acquisition of Krave Mart, cleared by Pakistan's Competition Commission.
- **2026-01** — inDrive.Groceries launched in Karachi, powered by Krave Mart - 7,500+ items, 20-30 minute delivery, free delivery over PKR 499.
- **2024-12** — inDrive New Ventures injected an initial $10M into Krave Mart ahead of the full acquisition.

## Links

- Website: https://kravemart.com
- LinkedIn: https://www.linkedin.com/company/kravemart
- Twitter/X: https://twitter.com/kravemart
- Instagram: https://www.instagram.com/kravemartpk/
- Facebook: https://www.facebook.com/kravemart.pk/

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Profile page: https://yespress.io/krave-mart-yc-s22
Published by YesPress — https://yespress.io
Last updated: 2026-07-30