New Delhi [India]: Zomato Ltd. announced on Thursday that its board has approved a name change to Eternal Ltd., signifying a major shift in its corporate identity and long-term vision.
Zomato CEO Deepinder Goyal shared the news on his official social media handle on X, posting the formal announcement letter.
Announcement – https://t.co/UN3aL8XuR7
— Deepinder Goyal (@deepigoyal) February 6, 2025
The renaming reflects Zomato’s transformation beyond food delivery, as businesses like Blinkit, District, and Hyperpure now play a crucial role in its expansion.
A Journey from Foodiebay to Eternal
In a heartfelt message to shareholders, Goyal reflected on the company’s evolution. He recalled its humble beginnings as Foodiebay in 2007, a simple website for uploading restaurant menus, which later became India’s first tech startup to be listed on the BSE Sensex.
“This journey has created tremendous wealth—not just for me, but for our employees, institutional investors, and retail shareholders. But I did not start Zomato to make money. I started it because I wanted to do something worthwhile with my life,” Goyal stated.
The decision to rename Zomato Ltd. to Eternal Ltd. represents a broader vision of building an institution that endures beyond its current leadership.
“We shape our institutions, and then they shape us,” Goyal said, emphasizing that the new name is not just a rebranding but a mission statement.
A Future Beyond Food Delivery
With Blinkit emerging as a key driver of growth alongside its core food delivery business, Zomato’s leadership felt the timing was right for a rebrand that encapsulates its expanding portfolio.
“To work at Eternal will be to wake up every day knowing that our forever is earned in moments of self-doubt, in acknowledging our limitations, in our constant hunger to be better than we were yesterday,” Goyal noted.
Following shareholder approval, the company will transition its corporate website from zomato.com to eternal.com and change its stock ticker from ZOMATO to ETERNAL.
Under the new identity, Eternal Ltd. will oversee four major business divisions:
✅ Zomato (food delivery)
✅ Blinkit (quick commerce)
✅ District (B2B logistics)
✅ Hyperpure (restaurant supplies)
“A company has multiple founding moments, and I hope this change is another one in our journey into the future,” Goyal concluded.