No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, August 13, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Startups

InDrive has big plans to become a global ‘super app’ where others have failed

by TheAdviserMagazine
11 months ago
in Startups
Reading Time: 7 mins read
A A
InDrive has big plans to become a global ‘super app’ where others have failed
Share on FacebookShare on TwitterShare on LInkedIn


InDrive, known for its bidding-based ride-hailing model across Asia and Latin America, is rolling out a “super-app” strategy aimed at frontier markets — expanding beyond cabs to deliver daily essentials to its users.

Beginning with grocery deliveries in Kazakhstan, InDrive plans to expand into multiple verticals over the next 12 months across its top markets, including Brazil, Colombia, Egypt, Pakistan, Peru, and Mexico. The shift comes on the heels of more than 360 million app downloads and 6.5 billion transactions globally, cementing its position as the world’s second most-downloaded ride-hailing app, behind Uber, since 2022.

“If customers use you more frequently, then, of course, they stay longer, they’re more valuable in the ecosystem, and they’re just more loyal overall,” said Andries Smit, chief growth business officer at InDrive, in an exclusive interview.

InDrive chose grocery delivery as its first expansion move after seeing rapid growth in its delivery segment — with over 41 million orders completed worldwide in 2024 and more than 14 million in Q2 2025 alone — making it one of the fastest-scaling categories in the company’s portfolio.

The Mountain View, California-based company has launched its grocery delivery service in Kazakhstan, offering over 5,000 products with a 15-minute delivery promise. Early pilots in the Central Asian country yielded a net promoter score of 83% — signaling high customer satisfaction — and an average of five grocery orders per user per month, the company said.

Smit told TechCrunch that InDrive is using a dark store model for grocery deliveries in Kazakhstan, with most items focused on ready-to-eat meals and around 10% consisting of fresh products — part of a strategy to boost customer retention. He added that the model will vary in other regions, where the company is open to partnering locally, particularly in markets with a dense network of mom-and-pop stores.

Without sharing specifics, Smit said that the company has added 30% more dark stores in the country since August.

Techcrunch event

San Francisco
|
October 27-29, 2025

Why is Kazakhstan the first market?

InDrive currently operates in 982 cities across 48 countries globally and leads in eight of them. But then why has it picked Kazakhstan as the first market for its super-app move?

Smit told TechCrunch that the company decided to do so after seeing a “huge uptick” in consumers going digital in the country, which is the largest economy across Central Asia. InDrive also has its largest headcount in Kazakhstan, serving as a central hub for its R&D and operations.

InDrive did not disclose specific growth metrics for its operations in Kazakhstan. However, a recent report by Dealroom, published in collaboration with the government-backed tech park Astana Hub, noted that the company saw a 44% growth in the country over the past 12 months.

The report also valued Kazakhstan’s tech ecosystem at $26 billion — an 18-fold jump since 2019 — suggesting a sharp rise in local startup formation, funding, and digital services.

Image Credits:Dealroom

Kazakhstan already has grocery delivery apps to fulfill some of the demand. Nonetheless, InDrive wants to win the market predominantly with affordable pricing — aiming to be the Aldi of online groceries.

“There is access and inequality, and even access issues with some of the groceries,” said Smit. “Some of our cost-conscious consumers end up not buying from the right places or not buying the right goods, and they recognize that, but they feel they have no other choice.”

InDrive’s super-app: a differentiator or déjà vu

Many companies have tried to succeed with super apps. While some, like WeChat and Gojek, have found success, others — including Meta — have struggled to gain traction.

Smit, who worked with WeChat in his former role in 2016, experienced how the integrated experience on the Chinese app worked well. He told TechCrunch that, by leveraging his expertise and utilizing AI capabilities, InDrive plans to make its super-app strategy successful. The AI integration would help bring personalization to users and make services accessible to people with disabilities and those with lower literacy, he said.

InDrive’s Grocery Delivery service in KazakhstanImage Credits:InDrive

In November 2023, InDrive announced a venture and merger and acquisition arm to invest up to $100 million over the next few years. Smit told TechCrunch that of that venture, about 30% has already been deployed on the super-app strategy.

The company invested in Pakistan’s grocery startup, Krave Mart, in December as part of that venture. However, there is no concrete timeline on when InDrive’s app will offer grocery deliveries to users in Pakistan.

InDrive’s arch-rival Uber has also expanded its service portfolio, adding verticals like food delivery through Uber Eats in select markets. Smit said InDrive targets a different customer segment — one that Uber typically doesn’t serve — though there is some overlap in certain regions.

“By and large, we really support and play into a cost-conscious consumer,” he said.

India as a “puzzle” market

In addition to frontier markets including Kazakhstan, InDrive has been operating in India for some time, competing with Uber as well as homegrown players such as Ola and Rapido. However, the company has not picked up in the South Asian nation. Uber even piloted a version of InDrive’s bidding model in India, attempting to replicate the approach.

Data from Appfigures exclusively shared with TechCrunch shows that InDrive saw 1.07 million fewer downloads year-to-date compared to the same period in 2024 — a 22.6% decline. In contrast, Uber added 8.02 million downloads, up 60.6%, while Ola gained 1.55 million, a 13.2% increase. Rapido emerged as the fastest-growing player, with 14.9 million additional downloads — an 80.9% surge.

“India is a puzzle for us,” Smit told TechCrunch. “India is still growing, and we are focused… we’ve decided to focus very quickly on key cities where we really think we want to operate strongly.”

Ride-hailing app Uber, Ola, Rapido, InDrive downloads in India
Image Credits:Jagmeet Singh / TechCrunch

The company is testing different models, especially in the freight business, though it is known for allowing riders to haggle with drivers. These include different payment mechanisms for drivers to get paid daily and even go with a specific take rate, Smit said.

InDrive faced early challenges and saw limited success at first — even in markets like Pakistan, where it later became the leading ride-hailing platform following Uber’s exit.

“We’ve had sleeper markets where the markets sort of drifted, and then for whatever case, maybe one of the competitors falters,” Smit said.

More than a dozen riders and drivers in India told TechCrunch that safety concerns were a key reason they no longer prefer using InDrive. Some drivers said the app’s bidding model had been exploited by riders — and, in some cases, even by fellow drivers posing as riders to hassle their peers by aggressively haggling.

Smit said that the company prioritizes safety and customer service.

“Yes, we need to do a lot more in talking to this safety perception and in teaching and educating our drivers and passengers,” he said.

Next verticals in plans

InDrive plans to expand its super-app offering by launching new services tailored to local market needs. Smit told TechCrunch that these could include financial services. One example is already live in markets including Brazil and Mexico, where drivers can access small loans through the ride-hailing app. The company is exploring ways to extend this to passengers — and potentially to small businesses involved in deliveries, the executive added.

The company also plans to explore a service that enables micro-mobility, allowing its consumers to connect with local businesses and public transportation services.

“We want to be city-specific, and it could be a bouquet of different services,” Smit said. “We want to capture the key verticals that we have capability for, that we know and are very close to our core… But if we have no experience in running, for those kinds of services, we will definitely just partner with the right player.”



Source link

Tags: appbigFailedGlobalInDriveplansSuper
ShareTweetShare
Previous Post

Stablecoins Could Crash Our Economy

Next Post

What is the Child Tax Credit? 

Related Posts

edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

by TheAdviserMagazine
August 8, 2026
0

Retirement procrastination is usually described as a failure of discipline. The forms have been sitting in a folder for months....

edit post
The self-improvement industry sells becoming your best self through grit and mindset, but the large meta-analyses are deflating: grit turns out to be mostly conscientiousness renamed, and growth-mindset programmes move academic results only slightly

The self-improvement industry sells becoming your best self through grit and mindset, but the large meta-analyses are deflating: grit turns out to be mostly conscientiousness renamed, and growth-mindset programmes move academic results only slightly

by TheAdviserMagazine
August 8, 2026
0

Become your best self is one of the most profitable sentences in modern culture. It sells books, courses, apps, and...

edit post
Most advice on becoming happier assumes it is up to you, but the evidence is humbler: much of the variation is dispositional, the claim that 40 per cent sits within your control does not hold up, and what works best points outward, towards other people

Most advice on becoming happier assumes it is up to you, but the evidence is humbler: much of the variation is dispositional, the claim that 40 per cent sits within your control does not hold up, and what works best points outward, towards other people

by TheAdviserMagazine
August 7, 2026
0

The advice on how to become happier is endless, confident, and mostly built on the same assumption: that your happiness...

edit post
Malachyte Raises M to Solve E-Commerce’s Biggest Blind Spot: the Visitor Who Never Logs In – AlleyWatch

Malachyte Raises $10M to Solve E-Commerce’s Biggest Blind Spot: the Visitor Who Never Logs In – AlleyWatch

by TheAdviserMagazine
August 7, 2026
0

E-commerce brands now spend roughly 40% more to acquire each new customer than they did in 2023, yet the website...

edit post
Psychology says the ability to eat alone in public is a sign of quiet confidence because it takes a certain kind of security to occupy a table built for two and not feel the empty chair as an accusation

Psychology says the ability to eat alone in public is a sign of quiet confidence because it takes a certain kind of security to occupy a table built for two and not feel the empty chair as an accusation

by TheAdviserMagazine
August 7, 2026
0

Somewhere in your city tonight, a person is going to walk into a restaurant they have wanted to try for...

edit post
The barrier to starting a conversation is usually a bad forecast, not a lack of charm: people underestimate how much others like them, and commuters made to talk to a stranger enjoyed the trip more than those left alone, the opposite of what they predicted

The barrier to starting a conversation is usually a bad forecast, not a lack of charm: people underestimate how much others like them, and commuters made to talk to a stranger enjoyed the trip more than those left alone, the opposite of what they predicted

by TheAdviserMagazine
August 7, 2026
0

Some people seem to strike up conversations anywhere, with the person next to them in a queue, a stranger at...

Next Post
edit post
Agentic AI Makes Soft Skills Essential for Future Startups

Agentic AI Makes Soft Skills Essential for Future Startups

edit post
The Geopolitical Hedge Investors Overlook: Rare Earths

The Geopolitical Hedge Investors Overlook: Rare Earths

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.