Zomato has indeed announced a change in its corporate name to "Eternal Ltd." This decision was approved by the company's board on February 6, 2025, and reflects a strategic move as Zomato expands its business portfolio beyond just food delivery into areas like quick commerce with Blinkit, live events, and kitchen supplies under Hyperpure.
Corporate Name Change: The company name will shift from "Zomato Ltd." to "Eternal Ltd." However, the Zomato app will retain its name, indicating this is primarily a corporate identity change rather than a rebranding of the consumer-facing services.
Business Units: Eternal Ltd. will house four major businesses: Zomato (food delivery), Blinkit (quick commerce), District (live events and logistics), and Hyperpure (kitchen supplies for restaurants).
Stock Ticker: The stock ticker will change from ZOMATO to ETERNAL following shareholder approval.
Website: The corporate website will transition from zomato.com to eternal.com.
This rebranding is seen as a significant step, mirroring Zomato's ambition to be an enduring entity in the market, with CEO Deepinder Goyal emphasizing in a letter to shareholders that "Eternal" is not just a name but a mission statement towards sustainability and growth.
Posts on X have reflected a mix of surprise, humor, and commentary on this change, with some users joking about the implications of the name "Eternal" on delivery times, while others see it as a bold step in the company's evolution.
This information is based on recent news updates and posts on X, indicating the current sentiment and official announcements regarding Zomato's transition to Eternal Ltd.
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