The popular restaurant search and discovery platform, Zomato has unveiled its plan to invest Rs. 56 crores in the Indian market. The company aims to set up 20 more warehouses across 18 cities in India by the end of 2020. The warehouses would be established under Zomato’s B2B platform named HyperPure that supplies food ingredients to hotels, restaurants, and caterers. Through this development, the company plans to target a combined supply capacity of 90,000 metric ton and 7,00,000 sft.
According to Gaurav Gupta, CEO and COO of Zomato, the company plans to launch the warehouses in Delhi, Bengaluru, Mumbai, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Ahmedabad, Chandigarh, Nagpur, Lucknow, Vadodara, Coimbatore, Kochi, Agra, Goa, and Surat. He has also stated that setting up a HyperPure warehouse will require an approximate investment of $ 4,00,000 (about Rs 2.8 crore).