Zomato is rebranding its parent entity to Eternal Limited in 2025 to reflect its transformation from a food-delivery-only app into a diversified conglomerate. This shift signals a broader focus beyond food, encompassing Blinkit (quick commerce), Hyperpure (supply), and District (events). The Zomato app and brand name remain unchanged.
The new name reflects a diversified business structure
The company stated that the corporate name change will not affect the Zomato brand or app used for food delivery. Customers will continue to interact with the Zomato brand across platforms.
With a grin, Goyal explained the backstory. "It comes from "tomayto, tomahto, whatever you want to call it - we wanted that name as the dot-com, but we couldn't get that domain - tomayto-tohmato dot-com," he explained. "So, we slightly tweaked it and we got "Zomato dot-com," he concluded.
Eternal Q3 Results 2026 Highlights: Eternal reported a 73% net profit growth to ₹102 crore in the third quarter of FY2025-26, fueled by the quick commerce revenues. Zomato's parent company's consolidated revenues jumped more than 200% YoY, beating market expectations.
In a letter to shareholders, Goyal stated that his decision was prompted by a growing inclination towards exploring new ideas that involve significantly higher levels of risk - pursuits he believes are better undertaken outside a listed company.
Zomato (/zoʊˈmæˈtoʊ/ or /zoʊˈmɑːˈtoʊ/) is an Indian online food ordering and delivery service owned by Eternal Limited. Created in 2008 by Deepinder Goyal and Pankaj Chaddah, it began as a restaurant aggregator, providing menu information, user reviews, and recommendations, and expanding to more than 20 countries.
In April 2021, Zomato converted itself to a public entity to prep up for its IPO. Zomato then appointed founder and CEO Deepinder Goyal as the managing director and CEO of the company for the next five years, with INR 3.5 Cr as basic salary remuneration.
Zomato, founded six years before Swiggy, had built its foundation in restaurant discovery and reservations. It entered food delivery in 2015, a year after Swiggy made its debut in the space.
Referring to early co-founder Pankaj Chaddah, Goyal said their leadership styles eventually “diverged,” something he described as natural in long entrepreneurial journeys. On burnout, Goyal acknowledged it as a reality. “That also happens,” he said, adding that exits are not always final.
In a move that no one anticipated, Zomato's co-founder Deepinder Goyal stepped down as the Chief Executive Officer of Eternal Ltd. (formerly Zomato) on Wednesday, January 21, and handed over the role to Albinder Dhindsa, who is credited with building Blinkit and served as its CEO.
Lamborghini (officially Automobili Lamborghini S.p.A. and colloquially Lambo) is an Italian manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi.
Grecia Munoz is Deepinder Goyal's second wife. He was earlier married to Kanchan Joshi, a Delhi University professor whom he met during their college days at IIT Delhi.
Uber sold the India operations of its food delivery service, Uber Eats, to Zomato in January 2020, getting a 10% stake in the Deepinder Goyal-led company in return. It went on to sell these Zomato shares in August 2022 for around $390 million. “We're not a holding company. We're not an investment company.
Love & Entrepreneurship Did you know Deepinder Goyal, Zomato's CEO, has been married TWICE? First wife: Kanchan Joshi, a math professor he wooed in college! Second wife: Grecia Munoz, a stunning Mexican model & Metropolitan Fashion Week winner!
At current exchange rates, Goyal's $1.7 billion fortune translates to approximately Rs 14,000 crore, placing him comfortably among the richest entrepreneurs in the country's digital economy.
Deepinder Goyal, the CEO of Zomato, revealed that he was “kicked out” of Shark Tank India Season 4 after Swiggy, Zomato's direct competitor, became a sponsor of the show.
Ans. There are several reasons behind the Zomato share price fall, including rising challenges in Quick Commerce, a Decline in Net Profit, a Decrease in Q3 Results, Mixed Performance of Zomato, and a slower growth outlook. Zomato saw impressive growth over the past year, with its share price doubling.
Key Takeaway. Zomato shows clearer progress on cost control and margin improvement, offering better visibility on profitability. Swiggy has broader growth options across multiple services, but that comes with higher execution and cash burn risk.
