Online restaurant guide and food ordering firm Zomato Monday said it will invest around ₹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 ₹2.8 crore). Founded by Deepinder Goyal, Zomato is a restaurant review, restaurant discovery, food delivery and dining out transactions platform providing information for over 1.4 million restaurants across 24 countries.

Source: Mint April 29, 2019 11:09 UTC