Post Date : May 2, 2019
Zomato, the online food delivering app, is all set to open 20 warehouses in 18 cities across the country by the end of 2020. This initiative of Zomato is expected to hold a combined capacity of 90,000 metric tonnes (MT) and 700,000 sq ft. in the next two years.
The investment in the set up will cost around 56 crore to Zomato and will be operated under its online business to business (B2B) food ingredient ordering platform, Hyperpure which the company acquired in 2018.
Since the acquisition of Hyperpure in 2018, Zomato has added two warehouses that have acted as delivery hubs, first in Bengaluru and now in Delhi. Each warehouse has been set up with an approximate initial investment of $400,000.
The 40,000 square feet Delhi warehouse is designed to supply 5,000 MT capacity per month and fully equipped to serve 3,000 restaurants every day. Currently, Hyperpure services 1,000 restaurants in Bengaluru.
Zomato is looking forward to a better future with new business acquisitions, aggressive investments and more number of warehouses. In 2018, Zomato was operating in 15 cities which grew up to 200 cities in 2019, the company’s revenue also jumped from $68 million in 2018 to $206 million in 2019.