InDrive ?? Krave Mart, Grab ?? Nham24, Serve $80M and Mayten acquires MM.

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Mayten acquires media and event platform Micromobility Industries. Mayten is a custom software and hardware tech company working with mobility operators; which acquired Cogo, a shared mobility aggregation app, a year ago; and runs the OTD newsletter. Micromobility is at a low point right now, but Prabin Joel Jones, Mayten’s founder/CEO, believes that profitability and scale are soon to happen. This latest acquisition will allow Jones to amplify that sentiment.?

Serve Robotics raise $80M via direct offering, a month after raising $86M. This brings the total amount raised by Serve in the past 12 months to $247M. With the money Serve intends to increase its fleet size from 100 to 2,000 robots by the end of 2025 and extend its runway through 2026.?

InDrive invests an undisclosed sum in Pakistan’s grocery delivery platform Krave Mart. This is a step in making InDrive a “superapp”, offering grocery deliveries next to ride-hailing.?

Grab acquires a stake in Cambodia’s Nham24, a local food-delivery and e-commerce platform. For now, both apps will continue to operate independently.

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