<p>Zomato Ltd has announced that its board has approved the change of name of the company to Eternal Ltd., marking a significant transformation in its corporate identity.</p>
<p>Deepinder Goyal, CEO, Zomato made this announcement on his official social media handle on X by posting the formal announcement letter.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">Announcement - <a href="https://t.co/UN3aL8XuR7">https://t.co/UN3aL8XuR7</a></p>
&mdash; Deepinder Goyal (@deepigoyal) <a href="https://twitter.com/deepigoyal/status/1887466772522991973?ref_src=twsrc-Etfw">February 6, 2025</a></blockquote>
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<p>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 future.</p>
<p>In a heartfelt message to shareholders, Goyal shared his reflections on the company's journey. He recalled how Zomato--originally launched as Foodiebay in 2007--had its humble beginnings as a simple website to upload restaurant menus.</p>
<p>Over the years, the company defied the odds to become India's first tech startup to be listed on the BSE Sensex, a moment he described as a source of both pride and responsibility.</p>
<p>"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.</p>
<p>The decision to rename Zomato Ltd. to Eternal Ltd. stems from the company's broader vision of building an enduring institution that lasts beyond its current leadership.</p>
<p>"We shape our institutions, and then they shape us," he said, emphasizing that Eternal is more than just a name change--it represents a mission statement.</p>
<p>With Blinkit emerging as a major driver of growth alongside its core food delivery business, the leadership felt that the time was right for a rebranding that encapsulates the company's expanding portfolio.</p>
<p>"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," he noted.</p>
<p>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.</p>
<p>The new entity, Eternal Ltd., will encompass four major businesses: Zomato (food delivery), Blinkit (quick commerce), District (B2B logistics), and Hyperpure (restaurant supplies).</p>
<p>"A company has multiple founding moments, and I hope this change is another one in our journey into the future," Goyal concluded</p>
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