India, Jan. 16 -- Foodtech major Zomato has reportedly signed a lease with the Lodha Group for an over 2.5 Lakh sq ft warehousing facility near Mumbai for its B2B supply chain arm Hyperpure.

According to a report by ET, Hyperpure will utilise the 2,53,000 sq ft warehousing facility at Lodha Industrial and Logistics Park in Palava for a period of five years.

The lease will cost the foodtech major INR 85 Lakh per month, with an annual escalation of 5%. The lease is expected to begin on February 15.

The report added that Zomato paid a security deposit equal to four months of rent at the time of signing the lease agreement in December 2024.

Zomato supplies fruits, vegetables, groceries to restaurants via Hyperpure. The B2B business has be...