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Zomato’s Rebranding to Eternal: Detailed Analysis & Overview
1. Corporate Rebranding Overview:
- Zomato has announced its decision to rename itself as Eternal Ltd.
- The rebranding aims to reflect the company’s growth beyond food delivery.
- The name change requires shareholder approval before becoming official.
- The company’s website will shift from zomato.com to eternal.com.
- Stock ticker will change from ZOMATO to ETERNAL after rebranding.
2. Business Verticals Under Eternal:
- Zomato: Food delivery and restaurant discovery platform.
- Blinkit: Quick-commerce service for groceries and essentials.
- Hyperpure: B2B supplies business catering to restaurant kitchens.
- District: Live events and entertainment division.
3. Strategic Rationale Behind the Rebranding:
- CEO Deepinder Goyal emphasized that “Eternal” represents the company’s vision for long-term growth and diversification.
- The move follows Zomato’s acquisition of Blinkit in 2022, highlighting its expansion into quick commerce.
- The unified brand aims to streamline operations, enhance synergies, and present a cohesive corporate identity.
4. Implications & Market Outlook:
- The transition to Eternal Ltd. aligns with industry trends where companies expand beyond their original focus.
- Consolidation of services under one umbrella will likely improve efficiency and increase investor confidence.
- Zomato (now Eternal) is expected to explore new opportunities and evolve with changing consumer demands.
- The rebranding highlights a strategic shift toward becoming a multi-service conglomerate rather than just a food delivery company.
5. Final Takeaway:
- The move from Zomato to Eternal is a bold step that signifies long-term commitment, adaptability, and market expansion.
- Shareholders and consumers should expect an integrated experience across food delivery, quick commerce, and live events under one brand.
- The success of this rebranding will depend on how well Eternal executes its diversified strategy in the competitive Indian market.
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