
Indian food and grocery delivery platform Zomato said on Thursday it will rename the company to “Eternal” and unveiled a new logo, a move that comes more than two years after it began using the new name internally.
Eternal would comprise its four major businesses – food delivery vertical Zomato, quick-commerce unit Blinkit, live events business District and kitchen supplies unit Hyperpure, the company said.
“We thought of publicly renaming the company when something beyond Zomato became a significant driver of our future,” Founder Deepinder Goyal said in a letter to shareholders.
“Today, with Blinkit, I feel we are here,” Goyal said.
The move marks a shift for the company, from when investors were skeptical about Zomato’s acquisition of Blinkit in mid-2022, to quick commerce-led growth drawing increasing investor interest.
Blinkit as well as early bird Swiggy’s Instamart have driven a shift in the way Indians shop, and forced retailers such as Reliance Industries’ JioMart as well as Amazon and Walmart’s Indian business to launch their own quick-commerce services.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Hot Categories
Recent News
Daily Newsletter
Get all the top stories from Blogs to keep track.
RELATED POSTS
View all
Minister On How Nuclear Technology Is Helping Maintain Hygiene At Kumbh
February 16, 2025 | by Deshvidesh News
Budget 2025: Slabs Revised For New Regime, No Tax On Income Up To Rs 4 Lakh
February 1, 2025 | by Deshvidesh News
Trump Announces Stargate, A $500 Billion Artificial Intelligence Initiative
January 22, 2025 | by Deshvidesh News