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Zomato eyes 20 warehouses by 2020; to invest 56 cr
Online restaurant guide and food ordering firm Zomato on Monday said it will invest around Rs 56 crore to set up 20 more warehouses across the country by the end of 2020 under its B2B platform, Hyperpure.
New Delhi: Online restaurant guide and food ordering firm Zomato on Monday said it will invest around Rs 56 crore to set up 20 more warehouses across the country by the end of 2020 under its B2B platform, Hyperpure.
The company currently has two warehouses -- one each in Bengaluru and Delhi -- with a combined capacity of 9,000 metric ton (MT) per month.
"We will be adding 20 more warehouses by end of 2020 across the country. To set up a hyperpure warehouse, the approximate investment is $400,000 (about Rs 2.8 crore).
There is a separate cost for operationalising and scaling up," Zomato Co-founder and COO Gaurav Gupta said.
With Hyperpure, the company has been able to disintermediate the supply chain, providing restaurateurs access to fresh, clean, fully-traceable food ingredients, he added.
The company on Wednesday launched its 40,000-sft warehouse in Delhi which is designed to supply 5,000 MT capacity per month and is equipped to serve 3,000 restaurants every day.
With setting up of 20 more warehouses across 18 cities, the company is targeting a combined capacity of 90,000 MT and 700,000 sft, Hyperpure founder Dhruv Sawhney said.
The warehouses would be set up in Delhi, Bengaluru, Mumbai, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Ahmedabad, Chandigarh, Nagpur, Lucknow, Vadodara, Coimbatore, Kochi, Agra, Goa and Surat, he added.
Zomato is also planning to launch its warehouses in international markets, he added.
When asked about the timeline and the countries earmarked for launch of international operations, Sawhney said: "It would be in the markets Zomato is present."
