Updated 6 February 2025 at 23:26 IST
Zomato Is Now Eternal Limited, Company Unveils New Logo
Food aggregator and delivery company Zomato has changed its name from Zomato Limited to Eternal Limited.
- Republic Business
- 3 min read
New Delhi: Popular food aggregator and delivery company Zomato has changed its name from Zomato Limited to Eternal Limited, the company informed on Thursday. Deepinder Goyal, CEO, Zomato made this announcement on his official social media handle on X by posting the formal announcement letter.
In an official statement, Zomato informed, "We would like to 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. Please note that this change is subject to the approval of the Shareholders of the Company, the Ministry of Corporate Affairs and other applicable statutory authorities, as required."
“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 exchanges to approve change of name of the Company and consequent alteration in the Memorandum of Association and Articles of Association of the Company,” they informed.
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.
Advertisement
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.
"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.
Advertisement
Why Zomato renamed to Eternal
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.
"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.
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.
"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.
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.
The new entity, Eternal Ltd., will encompass four major businesses: Zomato (food delivery), Blinkit (quick commerce), District (B2B logistics), and 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.
With inputs from ANI
Published By : Shashwat Bhandari
Published On: 6 February 2025 at 17:16 IST