Indian food delivery company Zomato has officially rebranded as Eternal following shareholder approval of a special resolution to change the company’s name.
The approval involves alterations to the company’s Memorandum of Association (MoA) and Articles of Association (AoA).
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The move is part of Zomato’s strategy to broaden its business scope beyond food delivery.
In February 2025, Zomato’s board approved the renaming.
The corporate entity will operate under Eternal with Zomato’s corporate website, zomato.com, transitioning to eternal.com, and its stock ticker also expected to change.
The transition to Eternal has been under consideration internally, particularly since Zomato acquired Blinkit in 2022.
The consumer-facing Zomato app will continue to operate under its existing name.
The new name will represent the parent entity overseeing four distinct business units: its food delivery division Zomato, its quick-commerce platform Blinkit, the going-out service District and B2B grocery business Hyperpure for restaurants.
In a letter to shareholders, founder and CEO of Zomato Deepinder Goyal stated: “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.
“This isn’t just a name change; it is 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.”
The company reported a 57% decline in its quarterly net profit, which amounted to Rs590m ($6.75m) for the third quarter of the fiscal year 2025 (FY25) down from Rs1.38bn in the same quarter of FY24.
Zomato’s revenue from operations experienced a 64% year-over-year increase, rising from Rs32.88bn to Rs54.04bn.
