Zomato officially renames itself as Eternal, app name remains same
1 month, 3 weeks ago

Zomato officially renames itself as Eternal, app name remains same

New Indian Express  

NEW DELHI: Food tech company Zomato has officially rebranded as Eternal, following approval from its board. The company clarified that while the Zomato app will retain its name, the stock ticker will be updated from Zomato to Eternal. “We would like to hereby inform that the board of directors of the Company vide resolution dated February 6, 2025, have approved the change in the name of the Company from ‘Zomato Limited’ to ‘Eternal Limited’, and the consequential amendment in the Memorandum of Association and Articles of Association to give effect to the same,” said Zomato in a filing to the exchanges. It added, “The board of directors of the Company also approved the postal ballot notice to be sent to the shareholders of the Company and the stock exchange for the following matter: 1.

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History of this topic

Zomato is now Eternal, Corporate Affairs Ministry approves name change
1 week, 4 days ago

Zomato is now Eternal, Corporate Affairs Ministry approves name change

The Hindu  

Food and grocery delivery major Zomato on Thursday said it has received the Corporate Affairs Ministry's approval regarding its name change to "Eternal Limited" with effect from March 20. ".We wish to inform you that the Registrar of Companies, Ministry of Corporate Affairs, has approved the change in name of the company from "Zomato Limited" to "Eternal Limited", with effect …

Zomato share falls for 5th straight session, crashes 11% amid weak market. Opportunity for bargain hunting?
3 weeks ago

Zomato share falls for 5th straight session, crashes 11% amid weak market. Opportunity for bargain hunting?

Live Mint  

Food tech giant Zomato share price continued its downward trajectory for the fifth session straight on Tuesday amid weak market sentiments, losing over 11.23 per cent during this period. With shareholder approval, the resolution will result in amendments to the company’s core legal documents, including the MoA and AoA, to incorporate the new name, according to the stock exchange notification. …

Zomato Receives Nod From Shareholders To Switch To Eternal Ltd
3 weeks, 1 day ago

Zomato Receives Nod From Shareholders To Switch To Eternal Ltd

ABP News  

Zomato Ltd has received the final nod from shareholders to officially change the corporate name to Eternal Ltd. Informing the decision via an exchange filing, the food-tech giant said that the change will apply only to the corporate entity and no changes will be made in the Zomato brand name or app. The company assured its customers that the famous …

Zomato’s gamble with ‘Eternal’: A visionary leap or just a name game?
1 month, 3 weeks ago

Zomato’s gamble with ‘Eternal’: A visionary leap or just a name game?

Live Mint  

A name can mean everything—or nothing. “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 in a letter to shareholders. Hence, the name change, and hence multiple businesses reaching out to varied distribution-intensive models, all coming under the umbrella …

What Zomato by any other name means for its business and investors
Trending News
1 month, 3 weeks ago

What Zomato by any other name means for its business and investors

Live Mint  

Bengaluru: Zomato Ltd’s decision to carve out a distinct identity for its parent entity will allow it greater freedom in exploring its ambitions without putting all its eggs in one basket, while providing investors more granular insights into the company, say industry experts. Zomato’s rebranding aligns with the food-delivery giant’s growing focus on its quick-commerce brand Blinkit, restaurant supplies business …

From food delivery to immortality: Zomato’s bold name change to Eternal has the internet in stitches
1 month, 3 weeks ago

From food delivery to immortality: Zomato’s bold name change to Eternal has the internet in stitches

Hindustan Times  

Zomato, the popular food and grocery delivery platform, surprised netizens on Thursday by announcing its official name change to Eternal Ltd, over two years after the shift began internally. The name change has sparked a wave of reactions across social media, with many netizens sharing humorous takes on the new identity. Are they promising immortality with every order, or just …

Zomato’s rebrand to ‘Eternal’ sparks buzz; netizens say ‘Zomato was an emotion, this sounds ewww’
1 month, 3 weeks ago

Zomato’s rebrand to ‘Eternal’ sparks buzz; netizens say ‘Zomato was an emotion, this sounds ewww’

Live Mint  

Zomato CEO Deepinder Goyal's decision to rename the company “Eternal” has left social media users sad and disappointed, prompting them to take refuge in memes to cope with the “ewww” news. On Thursday, Deepinder Goyal posted on X to announce the change in the name of the food and grocery delivery major Zomato to “Eternal”, more than two years after …

Deepinder Goyal reveals reason for changing ‘accidental company’ Zomato’s name to ‘Eternal’: ‘It scares me to my core…’
1 month, 3 weeks ago

Deepinder Goyal reveals reason for changing ‘accidental company’ Zomato’s name to ‘Eternal’: ‘It scares me to my core…’

Live Mint  

Online food delivery platform Zomato Ltd's board of directors on Thursday, February 6, approved the holding company's name change to “Eternal” without changing the name of the brand or the app. In his letter to the shareholders on Thursday, Chief Executive Officer Deepinder Goyal said, “Zomato is an accidental company,” born out of a desire to serve, which became a …

Zomato to be renamed ’Eternal’; platform unveils new logo, aims for lasting legacy beyond food delivery
1 month, 3 weeks ago

Zomato to be renamed ’Eternal’; platform unveils new logo, aims for lasting legacy beyond food delivery

Live Mint  

New Delhi, February 6 : Zomato Ltd on Thursday announced that its board has apporved the change of name of the company to Eternal Ltd., marking a significant transformation in its corporate identity. The decision, approved by the company's Board, reflects Zomato's evolution beyond food delivery, with businesses like Blinkit, District, and Hyperpure now playing a crucial role in its …

'It's a bit difficult to say Eternal': Zomato's name change surprises food delivery addicts
1 month, 3 weeks ago

'It's a bit difficult to say Eternal': Zomato's name change surprises food delivery addicts

Hindustan Times  

In a move that has surprised many, the online food delivery platform, Zomato, has decided to change the name of its parent company ‘Zomato Limited’ to ‘Eternal Limited.’ In a letter to shareholders, Zomato boss Deepinder Goyal said that the company's board has approved the name change. In a letter to shareholders, Zomato boss Deepinder Goyal said that the company's …

Zomato To Become 'Eternal'? Here's Why The Move Only Matters To Traders
1 month, 3 weeks ago

Zomato To Become 'Eternal'? Here's Why The Move Only Matters To Traders

ABP News  

Zomato, the Deepinder Goyal-led food and instant delivery company, is set to undergo a significant transformation by rebranding itself as "Eternal." We also thought that we would publicly rename the company to Eternal, the day something beyond Zomato became a significant driver of our future. We would like to rename Zomato Ltd., the company, to Eternal Ltd," Goyal noted in …

Zomato board approves company’s name change from ‘Zomato’ to ‘Eternal’
Trending News
1 month, 3 weeks ago

Zomato board approves company’s name change from ‘Zomato’ to ‘Eternal’

Live Mint  

Zomato announced on Thursday, February 6, 2025, that it would rename the company “Eternal Ltd” more than two years after it began using the new name internally. The leading food and grocery delivery giant informed in a regulatory filing to the stock exchanges that the company's board approved the change of name from ‘Zomato Ltd’ to ‘Eternal Ltd’ on Thursday. …

Zomato liquidates 10 overseas subsidiaries in less than a year
1 year, 2 months ago

Zomato liquidates 10 overseas subsidiaries in less than a year

Live Mint  

With the announcement of the liquidation of subsidiaries Zomato Vietnam Company Ltd and Poland's Gastronauci- the online food delivery platform has now made an exit from ten international markets in less than a year. This week, Zomato informed stock exchanges that it has initiated the dissolution of its step-down subsidiaries located in Vietnam and Poland to cut costs. The restaurant …

Zomato’s head of new businesses Rahul Ganjoo resigns
2 years, 4 months ago

Zomato’s head of new businesses Rahul Ganjoo resigns

Live Mint  

Zomato’s new initiatives head and former food delivery chief Rahul Ganjoo has resigned from the company, BSE filings obtained by Mint showed. On 10 November, Zomato’s chief financial officer, Akshant Goyal in a letter to shareholders had said, “Our food delivery business has been growing and steadily moving towards profitability, I believe there is room for the business to grow …

Zomato to move to multiple CEO structure under larger organisation Eternal
2 years, 8 months ago

Zomato to move to multiple CEO structure under larger organisation Eternal

Live Mint  

Online food delivery aggregator Zomato is moving to a multiple CEO structure for its businesses that will be housed under a larger organisation called Eternal. “We are transitioning from a company where I was the CEO to a place where we will have multiple CEOs running each of our businesses, all acting as peers to each other, and working as …

Zomato Plunges 14 Per Cent Intraday; Hits All-time Low As Share Lock-In Period Comes To End
2 years, 8 months ago

Zomato Plunges 14 Per Cent Intraday; Hits All-time Low As Share Lock-In Period Comes To End

ABP News  

Online Indian food aggregator Zomato declined over 14 per cent to a record low on Monday as its one-year share lock-in period for promoters, employees, and other investors expired following the 2021 listing, the Reuters reported. However, its shares have lost more than 60 per cent of their value since then on concerns about valuations and as global growth stocks …

Zomato to acquire grocery delivery platform Blinkit for ₹4,447 Cr
2 years, 9 months ago

Zomato to acquire grocery delivery platform Blinkit for ₹4,447 Cr

Hindustan Times  

Zomato, the popular online food delivery platform is going to acquire online grocery delivery firm Blinkit, news agency Bloomberg reported on Friday. > Blinkit - known for quick deliveries of groceries and essentials - is owned & managed by ‘Blink Commerce Private Limited’ which was formerly known as Grofers India Private Limited. Grofers essentially rebranded itself as ‘Blinkit’ as its …

Zomato nears all-stock takeover for Blinkit
3 years ago

Zomato nears all-stock takeover for Blinkit

Hindustan Times  

India’s online food delivery platform Zomato Ltd. is nearing an all-stock deal to take over instant grocery delivery service Blinkit, according to people familiar with the matter. Zomato The companies are at an advanced stage discussing the deal structure, said the people, who asked not to be identified as the information is private. The proposed takeover would come soon after …

Zomato working on two new initiatives in bid to increase revenue and profitability
8 years, 4 months ago

Zomato working on two new initiatives in bid to increase revenue and profitability

Live Mint  

New Delhi: Zomato Media Pvt. Ltd is working on two new initiatives—Zomato Red and Zomato Infrastructure Services—to boost revenue and profitability as part of its plan to turn around the company. Zomato, which generated net revenue of $4 million in October, is expected to reach annual sales of $50-60 million by March 2017, largely on the back of strong online …

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