Eternal:
Indian food and grocery delivery platform Zomato has officially rebranded as Eternal. Deepinder Goyal, CEO, Zomato said the company’s Board has approved this decision on February 6, 2025, an exchange filing stated on Thursday.
“If and when it is approved, our corporate website will transition from zomato.com to eternal.com. We will also change our stock ticker from ZOMATO to ETERNAL. Eternal will comprise four major businesses (as of now) – Zomato, Blinkit, District, and Hyperpure,” Deepinder Goyal said in the letter.
“This journey has created tremendous wealth — not just for me, but for our employees, institutional investors, and retail shareholders. But I did not start Zomato to make money. I started it because I wanted to do something worthwhile with my life. One weekend, I went around town, collected takeaway menus, and uploaded them onto a website — purely in the spirit of service. I never thought it could be a business. I wasn’t looking for revenue. I was simply trying to be helpful,” Deepinder Goyal said in his letter.
Deepinder Goyal, group CEO and co-founder of Zomato said that, When Zomato acquired Blinkit, it started using “Eternal” (instead of Zomato) internally to distinguish between the company and the brand/app.
“We also thought that we would publicly rename the company to Eternal, the day something beyond Zomato became a significant driver of our future. Today, with Blinkit, I feel we are there,” said Goyal.
“We would like to rename Zomato Ltd., the company (not the brand/app), to Eternal Ltd…. Eternal is a powerful name, and to be honest, it scares me to my core. It is a tall order to live up to. Because ‘Eternal’ carries both a promise and a paradox. True permanence isn’t built on bold claims of invincibility or the swagger of success,” Deepinder Goyal added.