The transition to Eternal has been under consideration internally, particularly since Zomato acquired Blinkit in 2022. The consumer-facing Zomato app will continue to operate under its existing name.
Zomato said that its shareholders passed a special resolution to approve the proposal to change the name of the company The move signals a strategic shift as Zomato’s quick commerce arm Blinkit ...
Zomato injected another INR 1,500 Cr into Blinkit, following an infusion of INR 500 Cr last month. Cumulatively, the company has invested INR 4,300 Cr in Blinkit since its acquisition The stock ...
Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure. The shareholders of Zomato passed a special resolution to approve change of name of the Company ...
Foodtech giant Zomato has invested Rs 1,500 crore in its quick commerce arm Blinkit amid fierce competition and rapid expansion. Zomato acquired 7,612 shares at the issue price of 19,70,171 per ...
(Image/FB) Zomato has invested an additional Rs 1,500 crore in Blinkit, according to regulatory filings with the Registrar of Companies (RoC). This comes a month after it infused another Rs 500 in ...
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Spurring food delivery growth, keeping discipline intact for Blinkit key: Zomato CEO Deepinder GoyalIn the December quarter, Zomato reported a 64% y-o-y jump in its operating revenue to Rs 5,405 crore, while its net profit for the three-month period saw a 57% decline to Rs 59 crore, as Blinkit ...
The brokerage house noted that "2024/25 has been a phase of aggressive market expansion,” for Zomato. It further stated that Blinkit has led dark store expansion, aiming for a 2x increase in ...
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