Krave Mart

Krave Mart

Private
Karachi, SindhConsumer & Commercehttps://www.kravemart.com

Last Round

Strategic

Mar 20, 2025

Total Funding Raised

$22.25M

Momentum Score

25 /100

Company Overview

Krave Mart is a quick-commerce (q-commerce) startup based in Pakistan that provides on-demand delivery of groceries, household essentials, and other consumer goods. Founded in 2021, the company operates a network of dark stores in major cities including Karachi, Lahore, and Rawalpindi, promising delivery within minutes. Krave Mart aims to revolutionize online shopping in Pakistan by offering speed and convenience. The company is a Y Combinator graduate (S22 batch) and has raised several rounds of funding from investors such as MSA Capital, Global Founders Capital, and Y Combinator. To improve profitability, Krave Mart has also introduced a range of private-label products.

Sector

Consumer & Commerce

Verticals

Mobile Commerce, Last-Mile Delivery, Food Delivery, D2C Brands

Business Model

B2C

Customer Profile

Marketplace Commission

AI Layer

Non-AI

Keywords

quick commerceq-commercegrocery deliverydark storeson-demand deliveryinstant groceryrapid delivery10-minute deliverygrocery applast-mile deliveryprivate-label productshyperlocal modelonline grocerymobile commerce

Historical Pricing

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Caplight Momentum Score

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Krave Mart Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Krave Mart Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
StrategicMar 20, 2025
SeedNov 11, 2023
Pre SeedDec 15, 2021

Key People

Founding team and executive leadership

Hammad Bawany

Co-Founder And CPO

Founding Team

Haziq Ahmed

Co-Founder And COO

Founding Team

Mohammad Ahsan Kidwai

Co-Founder Chief Commercial Officer

Founding Team

Kassim Shroff

Co-Founder CEO

Founding Team

Krave Mart Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 20, 2025

    Raised $10M in a strategic round.

  • Feb 24, 2025

    Collaborating with inDrive on a new product called 'Krave & inDrive Ads'.

Krave Mart Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Krave Mart Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersKarachi, Sindh
Employee Range406
Year Founded2021
Last FundingMar 20, 2025

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