Competitors of Krave Mart include the likes of Airlift, another Pakistani startup which in August raised $85 million before internationally expanding, and Berlin-based Delivery Hero SE’s Foodpanda.
Kassim Shroff, Co-Founder & CEO of Krave Mart commented on the occasion,
“With a mission to keep customers at the heart of our priorities and ensuring 10 mins delivery and quality products, our aim is to give people back some of their valuable time that they would otherwise spend by going to neighbourhood grocery stores. We see a huge potential an opportunity in this market and we have put our heads down to ensure we execute properly and deliver on what we have promised”
He also added,
“Quick commerce will redefine how users shop for groceries in Pakistan, which today is a hyper-fragmented and inefficient experience. We’ve benchmarked and invested in similar models globally and believe Pakistan is a market ripe for disruption. Given their relevant backgrounds,Kassim, Haziq, Ahsan and Hammad are best suited to execute this model and build Pakistan’s leader”