1 day ago · Food-tech giant Zomato has officially changed its corporate name to Eternal Ltd, the company said in an exchange filing on Thursday. The rebranding reflects the company’s broader business scope beyond its flagship food delivery service. “When we acquired Blinkit, we started using ‘Eternal ...

1 day ago · Blinkit grew materially larger than Zomato’s food delivery business in the past year. A number of analysts estimate that Blinkit will grow to account for as much as 70% of the group’s value in ...

1 day ago · The new entity, Eternal, will now include four major businesses: Zomato, Blinkit, District, as well as Hyperpure. The stock ticker will also be changed from Zomato to Eternal.

1 day ago · The renaming announcement comes weeks after Zomato entered the BSE Sensex on December 23, which coincides with the 17th anniversary of its founding. Listen to Story Zomato board approves renaming company to Eternal Ltd Eternal Ltd. to house Zomato, Blinkit, District, and Hyperpure CEO Deepinder ...

1 day ago · Eternal will serve as the umbrella brand for four major businesses -- Zomato, Blinkit, District and Hyperpure. These divisions represent the company's growing presence in food delivery, quick ...

Jun 24, 2022 · Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings at a time...

Jan 17, 2025 · Foodtech firm Zomato has invested Rs 500 crore in its quick commerce arm Blinkit, taking its total investment in the platform to Rs 2,800 crore since its acquisition in August 2022.

Oct 14, 2022 · On 24th June 2022, the Board of Directors of Zomato Limited approved the acquisition of Blinkit for the value amount of Rs. 4,447 crores. The transaction was completed towards the end of August 2022. Zomato wanted to set foot into the e-commerce grocery industry which was dominated by Amazon Pantry, Big Basket, Grofers, Swiggy and other players.

Jan 17, 2025 · Zomato has invested an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (RoC).

Aug 11, 2022 · Zomato has completed the acquisition of quick commerce company Blinkit (formerly Grofers) and its warehousing and ancillary services business, the food delivery major said in a filing on August...