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Zomato’s Hyperpure in Delhi, Eyes 22 Warehouses by 2020

Spread across 40,000 sq ft, the warehouse in Delhi is designed to supply 5,000 metric ton capacity per month and equipped to serve 3,000 restaurants every day, Zomato said

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Zomato. Twitter

Food ordering app Zomato on Monday announced the launch of a warehouse for its business-to-business food ingredients supply arm Hyperpure, marking the opening of the second warehouse for the company after Bengaluru.

Zomato said it plans to open 20 more warehouses by 2020, targeting a combined capacity of 90,000 metric ton and 700,000 sq. ft.

Besides Delhi and Bengaluru, the warehouses will be spread across Mumbai, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Ahmedabad, Chandigarh, Nagpur, Lucknow, Vadodara, Coimbatore, Kochi, Agra, Goa and Surat, Zomato said.

“We believe Zomato is uniquely placed to shape the future of food. With Hyperpure by Zomato, we’ve been able to disintermediate the supply chain, providing restaurateurs access to fresh, clean, fully-traceable food ingredients,” Gaurav Gupta, Co-founder & COO, Zomato, said in a statement.

“With plans to launch 20 more warehouses by the end of 2020, we want to create a dependable demand-supply cycle of clean ingredients, for a future where everybody is eating quality food,” Gupta said.

Image source: zomato.com

Launched in August 2018, Hyperpure by Zomato allows restaurants to buy everything – from vegetables and fruits, poultry, groceries, meats, seafood, and dairy to beverages, and even eco-friendly packaging – using an end-to-end technology-driven platform.

Spread across 40,000 sq ft, the warehouse in Delhi is designed to supply 5,000 metric ton capacity per month and equipped to serve 3,000 restaurants every day, Zomato said.

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“Considering the positive response we’ve received in Bengaluru, our expansion into Delhi is a part of Hyperpure’s natural progression,” said Dhruv Sawhney, Founder, Hyperpure.

“We are certain that our restaurant partners in Delhi will benefit immensely from both Hyperpure’s offer of fresh and quality food products, as well as the competitive pricing we offer,” Sawhney added. (IANS)

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Digital Transactions in Delhi-NCR Grew by 235% Last Year: Razorpay

Online transactions in Delhi-NCR grew 235% in 2019

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Online Transactions
Online transactions in Delhi-NCR grew by 235 per cent in 2019 and it was the third most digitized region in 2019. Pixabay

Digital transactions in Delhi-NCR grew by 235 per cent from 2018 (January-December) to 2019 (January-December) and the region was the third most digitised state in 2019, thus, contributing 13.05 per cent in 2019 (up from 10.9 per cent in 2018), said a new report by full-stack financial services company Razorpay on Tuesday.

“The last year has been buzzing for the fintech sector in Delhi, with the adoption of new digital payment modes and bringing the digital currency to the mainstream. The last six months saw a tremendous shift in the consumption patterns of businesses and consumer preferences of digital payments in the region.

“With UPI growing by a whopping 442 per cent in Delhi, I am certain that this payment method will overtake cards by at least 20 per cent in the next 12 months,” Harshil Mathur, CEO and co-founder of Razorpay, said in a statement.

Online Transactions
Credit and Debit cards contributed 46 per cent in digital transactions. Pixabay

In 2019, Karnataka saw the highest adoption of digital payments (26.64 per cent) followed by Maharashtra (15.92 per cent) and Delhi NCR (13.01 per cent).

While the usage of cards (46 per cent) and netbanking (11 per cent) saw a decline in 2019, down from 56 per cent and 23 per cent for cards and netbanking, respectively in 2018, UPI (38 per cent) went up from 17 per cent in 2018.

Amazon Pay was the most preferred wallet among consumers (33 per cent), followed by Ola Money (17 per cent) in 2019.

Also Read- India Witnesses Fall in the Number of Cyber Threats in 2019: Kaspersky

The top three sectors in digital payment adoption for 2019 were food and beverage (26 per cent), financial services (12.5 per cent) and transportation (8 per cent).

Among UPI, Google Pay contributed 59 per cent, PhonePe contributed 26 per cent, followed by Paytm (7 per cent) and BHIM (6 per cent) in digital transactions in 2019. (IANS)