inDrive's net revenue rose 31% to $601.6 million in 2025, CEO Arsen Tomsky said, driven by improved profitability per ride and strong demand in developing markets.
The U.S.-based ride-hailing platform distinguishes itself from Uber and Grab by enabling fare negotiations between drivers and riders, appealing to cost-conscious users across Latin America, Pakistan, and Kazakhstan.
Latin America now accounts for just over half of inDrive's business, making it the company’s primary growth region.
Tomsky confirmed the firm is expanding its logistics reach through acquisitions in online grocery delivery, following recent purchases in Pakistan and Kazakhstan.
Founded in 2013, the app has been downloaded more than 400 million times globally.
Tomsky, born in Russia, renounced his citizenship in 2024 and became a citizen of Kazakhstan, where inDrive maintains one of its largest employee hubs.