Zomato to invest around Rs 56 cr to set up 20 more warehouses by 2020

Online restaurant guide and food ordering firm Zomato 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 USD 400,000 (about Rs 2.8 crore). There is a separate cost for operationalising and scaling up,” Zomato Co-founder and COO Gaurav Gupta told PTI.