Eternal Ltd. will be the new name of food delivery application Zomato, said CEO Deepinder Goyal on Thursday in a letter to shareholders. However, he clarified that the food delivery brand will continue to be identified as Zomato.
Goyal said “This is not just a name change but a mission statement. A reminder etched into our identity that we will endure—not because we are here, but because we need to get there,”
“When we acquired Blinkit, we started using ‘Eternal’ internally to distinguish between the company and the brand/app. We also thought that we would publicly rename the company to Eternal, the day something beyond Zomato became a significant driver of our future. Today, with Blinkit, I feel we are there,” he wrote in the letter.
Announcement – https://t.co/UN3aL8XuR7
---Advertisement---— Deepinder Goyal (@deepigoyal) February 6, 2025
“Becoming the first tech startup in India to make it to the Sensex is a moment of pride and also a moment of reflection, bringing with it a heightened sense of responsibility,” Goyal said.
Notably, the name changes after Zomato enetered in Bombay Stock Exchange (BSE) on December 23 on its 17th anniversary.
“Our Board has approved this change today and I request our shareholders to also support this change. If and when it is approved, our corporate website will transition from zomato.com to eternal.com. We will also change our stock ticker from ZOMATO to ETERNAL. Eternal will comprise four major businesses (as of now) – Zomato, Blinkit, District, and Hyperpure”. Said goel.
“It is a tall order to live up to. Because ‘Eternal’ carries both a promise and a paradox. True permanence isn’t built on bold claims of invincibility or the swagger of success.” he said.
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