“When we acquired Blinkit, we 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 ...

Zomato’s CEO, Deepinder Goyal, provided insights into the name change in a letter to shareholders. He revealed that after acquiring Blinkit, the company internally started using “Eternal” to ...

The acquisition of Blinkit has been a game-changer, giving Zomato a foothold in the booming quick commerce. Blinkit’s rapid scale-up and Ebitda breakeven have strengthened Zomato’s financials.

This move comes as the company reportedly experiences slowing growth in food delivery and losses in its quick commerce unit, Blinkit. Zomato has also been using artificial intelligence (AI ...

while Eternal will include Zomato, Blinkit, District, and Hyperpure. CEO Deepinder Goyal stated the name change reflects Blinkit's importance to the company's future. The corporate website and ...

Chennai: Zomato has received shareholder approval for its decision to change its corporate name to Eternal. This decision has come after the company saw its quick commerce platform becoming a ...

The reported layoffs came as the company faces challenges in its core food delivery business and rising losses in its quick commerce subsidiary, Blinkit. Zomato, the popular online food delivery ...

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 ...

This will make Swiggy a direct competitor to Zomato’s Hyperpure in the restaurant supply space. With Assure, Swiggy is now entering the restaurant supply space aggressively, using its logistics ...

Blinkit. According to reports, the company had hired nearly 1,500 employees last year through its Zomato Associate Accelerator Program (ZAAP) to fill customer support roles. However, in recent ...

Eternal comprises of four major businesses – Zomato, Blinkit, District, and Hyperpure The company had earlier said this rebranding is in line with its strategy to move beyond food delievery.

He attributed this maturity to the fact that Blinkit is owned by Zomato (now Eternal) and is therefore part of a larger business ecosystem. Vats pointed to several instances where Blinkit managed ...