About Krave Mart
Krave Mart is a company based in Karachi (Pakistan) founded in 2021 by Mohammad Ahsan Kidwai, Haziq Ahmed, Kassim Shroff, and Hammad Bawany was acquired by inDrive in March 2026.. Krave Mart has raised $6.5 million across 4 funding rounds from investors including inDrive, 2am VC and Mehta Ventures. Krave Mart offers products and services including Krave Mart App. Krave Mart operates in a competitive market with competitors including Airlift Express, GrocerApp, Airlift Tech, 24Seven and Mandi Express, among others.
- Headquarter Karachi, Pakistan
- Founders Mohammad Ahsan Kidwai, Haziq Ahmed, Kassim Shroff, Hammad Bawany
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Krrave Technologies (Private) Limited
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Products & Services of Krave Mart
Krave Mart offers a comprehensive portfolio of products and services, including Krave Mart App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for ordering groceries and essentials with fast delivery
Funding Insights of Krave Mart
Krave Mart has successfully raised a total of $6.5M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(15 Dec 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Krave Mart | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - Krave Mart | Valuation | Y Combinator |
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| Mar, 2022 | Amount | Seed - Krave Mart | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Krave Mart
Krave Mart has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include inDrive, 2am VC and Mehta Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Tech companies are invested in by MSA venture capital fund.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Krave Mart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Krave Mart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Krave Mart Comparisons
Competitors of Krave Mart
Krave Mart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airlift Express, GrocerApp, Airlift Tech, 24Seven and Mandi Express, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category grocery supplies are delivered through an online platform.
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| domain | founded_year | HQ Location |
On-demand grocery delivery is facilitated via mobile applications.
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| domain | founded_year | HQ Location |
Groceries and medicines are delivered through a mobile app.
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered via an online platform.
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| domain | founded_year | HQ Location |
Fresh organic groceries are sourced, ordered, and delivered on demand.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Krave Mart
Frequently Asked Questions about Krave Mart
When was Krave Mart founded?
Krave Mart was founded in 2021.
Where is Krave Mart located?
Krave Mart is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
Who is the current CEO of Krave Mart?
Kassim Shroff is the current CEO of Krave Mart. They have also founded this company.
Is Krave Mart a funded company?
Krave Mart is a funded company, having raised a total of $6.5M across 4 funding rounds to date.
What does Krave Mart do?
Online delivery store offering groceries and everyday essentials. It offers bakery products, dairy products, fruits, vegetables, sweets, snacks, dairy products, and more. Its mobile application is available on Android and iOS platforms.
Who are the top competitors of Krave Mart?
Krave Mart's top competitors include Airlift Express, GrocerApp and Airlift Tech.
What products or services does Krave Mart offer?
Krave Mart offers Krave Mart App.
Who are Krave Mart's investors?
Krave Mart has 10 investors. Key investors include inDrive, 2am VC, Mehta Ventures, Y Combinator, and MSACAP.