This also comes at a time when the company’s quick commerce business, Blinkit has emerged as a key growth driver. In his letter to shareholders, Deepinder Goyal, Founder & CEO, Zomato shared ...
Blinkit has since become a key growth driver, dominating nearly 80% of the company’s analyst call in January. Its revenue share has risen from 9.3% in FY23 to 17% in FY24. Meanwhile, Zomato’s ...
Zomato Ltd has changed its company name to Eternal Ltd, Co-founder and CEO Deepinder Goyal shared in a statement on X. "When we acquired Blinkit, we started using “Eternal” (instead of Zomato ...
because of Blinkit’s founder being married to a Zomato co-founder, which was a negative side-effect of Zomato handing out “co-founder” status as a designation for key employees. Zomato had a ...
“We started using ‘Eternal’ internally when we acquired Blinkit, and we decided we would rename the company when something beyond Zomato became a significant driver of our future," he wrote ...
The newly-named Eternal will encompass four key businesses: Zomato, Blinkit, District, and Hyperpure. “We would like to hereby inform that the board of directors of the Company vide resolution ...
Over the years, Zomato has strategically expanded its operations beyond food delivery through key acquisitions and ventures. This includes Blinkit, the rapid grocery delivery service; Hyperpure ...
Eternal will encompass four primary businesses: Zomato, Blinkit, District, and Hyperpure. This restructuring reflects the company's evolving focus beyond just food delivery. The acquisition of ...
He informed that Eternal will comprise four major businesses as of now -- Zomato, Blinkit, District, and Hyperpure. "When we acquired Blinkit, we started using "Eternal" (instead of Zomato ...
In a stock exchange filing, the online food aggregator said that when we acquired Blinkit, we started using “Eternal” (instead of Zomato) internally to distinguish between the company and the ...
However, they maintain that this strategy positions Zomato for sustained growth. For instance, Motilal Oswal views Blinkit’s rapid scaling as a “generational opportunity” in transforming ...
Goyal explained that after acquiring Blinkit, the term 'Eternal' was used internally to differentiate between the corporate entity and the Zomato brand. The timing of the public rebranding ...