According to a recent report by a news agency, online food company Zomato is planning to create an expansive warehousing network in the country particularly targeting strategic locations. The report underlines that the company has decided to open 20 additional warehouses by the end of 2020 by making an investment of Rs 56 crore under its B2B platform Hyperpure.
“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 4,00,000 (about Rs 2.8 crore). There is a separate cost for operationalising and scaling up,” Zomato Co-founder and COO Gaurav Gupta told the agency. The company presently has two warehouses to support its back-end operations – in Delhi and Bangalore.
The locations where Zomato plans to set up its warehousing units include Mumbai, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Ahmedabad, Chandigarh, Nagpur, Lucknow, Vadodara, Coimbatore, Kochi, Agra, Goa and Surat.