Zomato new company Its new app, Bistro, was released on the Google Play Store platform on December 6, 2024. Feb 7, 2025 · Zomato’s renaming comes weeks after the company entered the BSE Sensex on December 23, which coincides with the 17th anniversary of its founding. Feb 6, 2025 · The name change, approved by the company's Board, highlights Zomato's growth beyond just food delivery. Feb 6, 2025 · Zomato can grow its client base, diversify its sources of income, and become less reliant on any one market by entering new markets. The change is subject to the approval of shareholders of the company, the Ministry of Corporate Affairs, and other applicable statutory authorities, as required, according to a regulatory filing. The rebranding even extends to the company's online presence. Delivery Feb 6, 2025 · Zomato Ltd. Feb 6, 2025 · Zomato – the parent company of BlinkIt, District, Hyperpure, and the original Zomato app – has officially changed its name to a new parent ‘Eternal Ltd. This article will delve into Zomato’s business model, financial performance, growth trajectory, and future outlook. Feb 12, 2025 · Last week, in a 748-word letter to shareholders, Zomato Limited founder and CEO Deepinder Goyal said the company was changing its name to Eternal Limited. 1 day ago · Zomato Nugget AI: The Food-Tech platform Zomato has launched an in-house AI powered customer support platform for businesses known as ‘Nugget’. ”, unveiling a new logo in the process. Restaurants. "Becoming the first tech startup in India to make it to the Sensex is a moment of pride and also a moment of reflection, bringing with it a heightened sense of responsibility," Goyal said in the letter. Since its inception in 2008 as a restaurant discovery platform, Zomato has evolved its business model to incorporate diverse revenue streams. Eternal is expected to comprise the company's food delivery business Feb 6, 2025 · Eternal Ltd. Zomato has officially announced its rebranding to Eternal, zomato name change marking a strategic shift in its corporate identity. Under the deal, Zomato will fully acquire Orbgen Technologies Pvt Ltd (OTPL), which is into movie ticketing, for Rs 1,264. Dec 3, 2024 · Advertising and Marketing-driven Business Model. Aug 5, 2024 · The Going-out business vertical of Zomato is a combination of the Zomato Live and Dining-out business verticals. Menu - Check out the Menu of Uncle's Fast Food Company Rohini, New Delhi at Zomato for Delivery, Dine-out or Takeaway. Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its "High Conviction Overweight" list and raising the target price to Rs 400 from Rs 370, indicating a 64% upside potential. Follow the registration process, provide the required information, and submit the necessary documents. The corporate website will now be at eternal. Feb 6, 2025 · Zomato announced on Thursday, February 6, 2025, that it would rename the company “Eternal Ltd” more than two years after it began using the new name internally. Oct 21, 2024 · Incorporated in April this year under the name Upslope Advisors, the firm counts Deepinder Goyal—who is the majority stakeholder—and former Zomato and Blinkit executive Ashish Goel as directors. Deepinder Goyal, CEO, Zomato made this announcement on his official social media handle on X by posting the formal announcement letter. This marks a significant Feb 6, 2025 · The Zomato app and brand will retain their existing identity, ensuring that customers continue to recognize and engage with the brand they are familiar with. Business Model Evolution. Oct 7, 2024 · Reflecting on Zomato’s evolution, Goyal revisited his 2022 commitment to turn the company from ‘good’ to ‘great’. on Thursday announced a major shift in its corporate identity, revealing that its board has approved a name change to Eternal Ltd. Eternal will comprise four key business segments: Zomato’s food delivery service, Blinkit’s quick-commerce unit, District’s live events Feb 6, 2025 · We would like to rename Zomato Ltd. [8] [9] [10] Feb 6, 2025 · Eternal Ltd. Additionally, the company will have access to new food cultures and cuisines on expanding its menu options. Feb 6, 2025 · 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 4c65464e9465. Feb 6, 2025 · Zomato New Name: ઓનલાઈન ફૂડ ડિલિવરી પ્લેટફોર્મ ઝોમેટોએ હવે તેનું નામ May 13, 2024 · The total revenue generated by Zomato in FY 22 was INR 4192 crore whereas its turnover in FY 2023 was INR 7079 crore. 6 crore and buy Wasteland Entertainment Pvt Ltd, which is into events ticketing for Rs 783. Zomato was founded in July 2008 in Delhi, India, as a platform to help users discover restaurants. However, the Zomato app will keep its name and continue operating as usual. Fragile Business model: Economic factors can affect consumer dining and food delivery spending, potentially impacting revenue. Feb 7, 2025 · In February 2025, Zomato announced that it renamed the company "Eternal" and unveiled a new logo. Register your business on Zomato’s website or through the Zomato for Business app. The new name reflects Zomato’s expansion beyond food delivery. , the company (not the brand/app), to Eternal Ltd," stated Zomato CEO, Deepinder Goyal. It’s a name the company had been using Nov 12, 2024 · Introduction. Its Founder and Chief Executive Officer Deepinder Goyal told shareholders that the change applies only to the company, not the brand or application. Q3FY25 shareholders’ letter and results. It will help them to scale support effortlessly without any requirement of coding and development team. The new launch comes days after Zomato renamed the company to Eternal Ltd. Feb 7, 2025 · Eternal will encompass Zomato’s four main business segments: food delivery, quick-commerce through Blinkit, live events via District, and kitchen supplies through Hyperpure. Feb 7, 2025 · Zomato Limited primarily operates as an online food delivery company in India and internationally. Step 7: Promote Your Business. 3 days ago · Zomato has launched Nugget, an AI-powered customer support platform. Trump-Modi Meet The mega MIGA, MAGA plans of India's Modi and US' Trump Trump says India has more tariffs than others Trump's 'golden rule' for imposing reciprocal tariffs While the Aug 1, 2024 · Zomato on August 1 announced the launch of 'District,' a new app consolidating "going-out" business, including dining and ticketing (movies and events), an ambitious expansion beyond its core food Jan 4, 2025 · Zomato is a pioneering Indian multinational restaurant aggregator and online food delivery company that has fundamentally transformed how consumers interact with dining options. Now, in the evolution of Zomato’s business model, it is fascinating to see how the company has transformed from a simple restaurant discovery platform to a global powerhouse in the food-tech industry. Threats. Their dedication to promoting local businesses and powerful reporting tools have been instrumental in our success, and we look forward to a long-term partnership. The startup aims to become 'The Ultimate Health Tracker,' though it is still in stealth mode, with few details available publicly, according to a report by Moneycontrol. The leading food and grocery Feb 6, 2025 · New Delhi, February 6: Zomato Ltd on Thursday announced that its board has approved the change of name of the company to Eternal Ltd. , according to a notification to the exchanges. However, he clarified that the food delivery brand will continue to be identified as Zomato. 's offerings—Zomato, Blinkit, Hyperpure, District, and now Nugget—will be overseen. Nevertheless, the food delivery app will continue to be called Zomato. In a letter to shareholders on Thursday, Deepinder Goyal confirmed that the board has approved the name change. ’ Zomato’s founder and CEO Feb 6, 2025 · New Delhi: Popular food aggregator and delivery company Zomato has changed its name from Zomato Limited to Eternal Limited, the company informed on Thursday. Nov 11, 2024 · Meanwhile, Zomato is also trying out a concierge-like service to help users place online food orders over WhatsApp. Its journey includes a successful IPO, expansion into quick commerce with Blinkit, and entry into the Sensex. They renamed the company Zomato in 2010 as they were unsure if they would "just stick to food" and also to avoid a potential naming conflict with eBay. Feb 10, 2025 · Zomato’s rebranding to Eternal follows a path well-trodden by global tech giants like Meta, Alphabet and X. Feb 6, 2025 · New Delhi [India], February 6 (ANI): Zomato Ltd on Thursday announced that its board has apporved the change of name of the company to Eternal Ltd. Trending Photos New Delhi: Zomato Ltd. Rakesh Ranjan is the Chief Executive Officer of Zomato Food Delivery business. The company’s co-founder and CEO, Deepinder Goyal, introduced Nugget through a post on LinkedIn. Eternal Ltd will include four key businesses: Zomato – Food delivery platform Restaurant Partner Login | Partner with Zomato | Join Our Network of Restaurants - Zomato for Business | Contact Us +91 97-38-38-38-38 Feb 6, 2025 · Zomato New Name: खाद्य व किराना डिलीवरी कंपनी जोमैटो के निदेशक मंडल ने कंपनी का नाम बदलकर इटरनल लिमिटेड करने के प्रस्ताव को मंजूरी दे दी है। कंपनी के संस्थापक और 2 days ago · Zomato renamed to Eternal. The board of directors at Indian online food delivery company Zomato has approved renaming the company as Eternal. Company Overview Core Business Offerings Feb 6, 2025 · The Zomato app and brand name will remain unchanged. 0. However, the company’s stock ticker will now be updated from Zomato to Eternal on the Indian stock exchange. This rebranding reflects the company's expansion beyond food delivery to include the quick-commerce unit Blinkit, live events business District, and kitchen supplies unit Hyperpure. Feb 6, 2025 · The Board of Directors of Zomato in a meeting held today, February 6, approved the change in the name of the company from Zomato Ltd to Eternal Ltd. Oct 20, 2024 · Zomato’s primary services revolve around food delivery, but it has expanded its business to include Hyperpure (B2B restaurant supplies), quick commerce (Blinkit), and dining-out services. It operates through India Food Ordering and Delivery, Hyperpure supplies (B2B business), Quick Commerce, Going Out, and All Other segments. A number of analysts estimate that Blinkit will grow to Feb 9, 2024 · Zomato has overtaken Paytm and BYJU’S as the most valuable company in the startup ecosystem with a market capitalisation of $15. to Eternal Ltd. All trademarks are properties of their Feb 7, 2025 · Once approved, the company’s website will change from zomato. Vision - better food for more people | Zomato’s mission statement is “better food for more people. Prior to Zomato, Rakesh worked at the Boston Consulting Group, across TMT, Industrial Goods and Public sectors. Zomato’s restaurant aggregator business model has turned the Zomato platform into a powerful marketing tool for hyper-local restaurants. will oversee four major businesses under its umbrella Order food online from Classic Cheesecake Company, Kharar Road, Mohali and get great offers and super-fast delivery on Zomato. on Thursday approved a name change to Eternal Ltd. 29 billion. Feb 6, 2025 · New Delhi, Feb 6 (PTI): Food and grocery delivery major Zomato has changed its name to Eternal, with the company's board approving it on Thursday. . Once approved, you can list your menu and start receiving orders. Feb 6, 2025 · The Zomato app will retain its name, but the stock market symbol will change. ” Since our inception in 2010, we have grown Aug 25, 2024 · These initiatives strengthen Zomato's core business and create new revenue streams. All trademarks are properties of Zomato shares advance 7% as CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400. He has played multiple roles in his 6-year stint at Zomato, including that of leading the charge at Hyperpure and heading new business initiatives. This will help Zomato gain new users and audiences. com. , marking a significant transformation in its Oct 22, 2024 · New Delhi: Food delivery platform Zomato is not venturing into any new space and will continue to focus on its four existing businesses, the firm clarified on Monday amid reports of Founder Aug 9, 2024 · New product hooks: We will drive a series of campaigns around our product hooks (Zomato Social, Zomato Apron and Zomato X) to drive high-intent acquisitions to drive 40% of acquisitions through these hooks. Credit: PradeepGaurs/ Shutterstock. Goyal said “This is not just a name change but a mission statement The Burger Company New Delhi, Satyaniketan; View reviews, menu, contact, location, and more for The Burger Company Restaurant. 8 crore. Elon Musk’s xAI Launched in 2010, Our technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs. Introduction to Zomato. Human customer relationship agents will provide the Gurgaon-based company’s new service instead of its usual approach of deploying chatbots, according to a person directly aware who said the company is also hiring specifically for these roles. Our campaigns will be aimed towards attracting high-intent users that will maintain or improve activation and retention rates. I-fdN2i06fEJ_eRx4DKJq0AzubAiVsy72DmiH-CWtM0fu8s4fbix7zqgxA Feb 12, 2025 · Given that the company only went public a few years ago, Zomato’s rebranding is a sound move, sums up N Chandramouli, CEO of brand intelligence firm TRA Research. a9ayfBjs27xtyok6sQTk2DZ5-9sTIaXhkmrsTarR0qg. Dec 24, 2024 · Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. CEO Deepinder Goyal revealed on Thursday that the parent company, Zomato Ltd. As a result of this decision, Zomato is now in competition with apps such as BookMyShow. Zomato announced launch of 'District,' a new app consolidating "going-out" business, including dining and ticketing for movies and events. Feb 6, 2025 · New Delhi, Feb 6: Food-tech giant Zomato on Thursday officially changed the company's name to Eternal, following an approval from its board. Deepinder Goyal | January 20, 2025 | 1 min read. Feb 6, 2025 · NEW DELHI: Food tech company Zomato has officially rebranded as Eternal, following approval from its board. The business model of Zomato offers a variety of value to its customers, while Zomato's revenue model focus has been on creating something new and extra that the customers cannot get anywhere else. In June, Zomato confirmed the exchanges that it is, in fact, in negotiations with Paytm to purchase the latter's media and ticketing operations. “When we acquired […] Feb 6, 2025 · The food aggregator services will continue to operate under the brand name Zomato, but the new corporate entity will also include four verticals namely, Zomato, Blinkit, District, and Hyperpure. The move was disclosed by the company in a recent Bombay Stock Exchange Oct 21, 2024 · Zomato co-founder and CEO Deepinder Goyal has launched a new venture 'Continue,' a longevity venture around health tracking and mental wellness. The company will now operate four significant businesses: Zomato, Blinkit, District, and Hyperpure. “The IPO was good, the business was thriving, and people were making money for the first time in their lives. Once approved, the company's website will transition from zomato. Feb 7, 2025 · Zomato New Name: कंपनी का नाम बदलने के बाद ऑनलाइन ऑर्डर लेकर खानपान और किराने का सामना पहुंचाने वाला जोमैटो ऐप पहले की तरह अपने मौजूदा नाम से ऑपरेट करता रहेगा. Zomato, has transformed the way we experience food, traces its origin back in 2008. Feb 7, 2025 · Food and delivery giant Zomato announced on February 6, 2025, that it will rename itself “Eternal Ltd. Feb 6, 2025 · Food and grocery delivery platform Zomato said on Thursday it will rename the company to "Eternal" and unveiled a new logo, in a move that comes more than two years after Deepinder Goyal-led firm Feb 6, 2025 · Food-tech giant Zomato announced on Thursday that it will officially change its name to “Eternal,” a move that comes more than two years after the company started using the new name internally. Zomato in the filing informed that Nugget is now Feb 9, 2025 · This week in tech witnessed notable events including SEBI's Rs 50 crore fine on Asmita Patel, Infosys laying off campus recruits, Zomato rebranding to Eternal Ltd. Two years on, he admitted to internal struggles that temporarily hindered progress. From restaurant discovery to food delivery and diversifying into new business areas like grocery delivery, Zomato has evolved to stay relevant in a highly competitive space. Feb 6, 2025 · New Delhi: Food-tech giant Zomato on Thursday officially changed the company’s name to Eternal, following an approval from its board. In a revealing statement, he explains the Feb 7, 2025 · Board approves new identity. The stock ticker will change from ZOMATO Feb 6, 2025 · Zomato’s board has approved a resolution to change the name of the food and grocery delivery firm to Eternal Ltd. The development comes over two years after the company began using the new name internally. May 3, 2024 · The new identity encapsulated the essence of their mission – to serve as a one-stop destination for all dining needs. Blinkit grew materially larger than Zomato’s food delivery business in the past year. Measuring Success: Profit and Growth Zomato's strategic approach has led to significant growth and profitability Nov 25, 2024 · Investors applauded the addition of Zomato Ltd. Under this new umbrella, all of Zomato Ltd. will be the new name of food delivery application Zomato, said CEO Deepinder Goyal on Thursday in a letter to shareholders. both Zomato CEO Deepinder Goyal and Swiggy Company. Also Read: What’s cooking at Swiggy, Zomato? New business recipes Oct 22, 2024 · Zomato not venturing into any new space, company clarifies on 'Continue' In a social media post on X, Goyal said: "Been getting a lot of curious messages since the morning, so here's an update on Thanks to Zomato's invaluable support, our startup cloud kitchen has been doing wonders in the competitive food industry landscape. CEO Deepinder Goyal described this transformation as more than just a name change; it serves as a mission statement that emphasizes the company’s commitment to enduring The Bhoj Company Kolkata, New Market Area; View reviews, menu, contact, location, and more for The Bhoj Company Restaurant. The platform is the first product developed by Zomato Feb 12, 2025 · Zomato has officially introduced ‘Eternal’ as its new parent company , marking a strategic shift in its corporate structure . 3 days ago · Zomato has unveiled its AI-powered customer support platform, Nugget, designed to help businesses worldwide scale their support operations. Classic Cheesecake Company Mohali, Kharar Road; View reviews, menu, contact, location, and more for Classic Cheesecake Company Restaurant. The rebranding comes over two years after the company began using the name internally. Dec 17, 2024 · Zomato, a pioneer in India's online food delivery sector, achieved profitability and a $32 bn market cap. The move is aimed at expanding Zomato’s presence in the food-tech and delivery sector . Aug 1, 2024 · Food aggregator Zomato is launching a new app, District, to expand its services beyond its core food delivery and quick commerce business. “When we acquired Blinkit, we started using ‘Eternal 2 days ago · The company recently announced plans to change the name of the parent company from Zomato Ltd. will comprise four key business units: Zomato – the core food delivery business, Blinkit – quick-commerce platform, Hyperpure – B2B supply chain business catering to restaurants Zomato was founded as FoodieBay in 2008 by Deepinder Goyal and Pankaj Chaddah who worked for Bain & Company. Feb 6, 2025 · Zomato is set to rebrand as 'Eternal,' with Deepinder Goyal reflecting on the company's transformation from an 'accidental' startup to a global player. The company's board of directors approved the decision on February 6, 2025, to rename Zomato Limited to Eternal Limited. New Users: Nowadays, smartphones and internet users have increased tremendously. As Blinkit emerged as a major growth driver alongside its core food delivery business, the Feb 6, 2025 · A New Online Identity. The move was disclosed by the company in a recent Bombay Stock Exchange (BSE Jan 13, 2025 · Zomato shares advance 7% as CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400. The move signifies a broader vision beyond Zomato’s core food delivery business. The company reported revenue of Rs 859 crore a year ago. The name change is now subject to approval from shareholders, the Ministry of Corporate Jan 18, 2025 · Zomato Gold membership is expected to grow by 30% annually, increasing customer retention rates. At first glance, Zomato might seem like a mere app on your smartphone – a digital gateway to restaurant reviews and food delivery options. May 14, 2024 · Zomato Company Profile . A quick capture of headline results from this quarter. Mar 15, 2024 · Zomato must expand faster than others to stay ahead of the curve. Scilis Caking Company Chennai, Alwarpet; View reviews, menu, contact, location, and more for Scilis Caking Company Restaurant. Customers use our platform to search and discover restaurants, read and write customer generated reviews and view and upload photos, order food delivery, book a table and make payments while dining-out at restaurants. This move marks marks Zomato's entry into a broader array Feb 7, 2025 · By Anurag Tiwari. Feb 6, 2025 · The parent company of the food delivery business Zomato, also called ‘Zomato’, has changed its name to ‘Etnernal’, after the company’s board approved the name change Food and delivery platform Zomato said on Thursday (February 6, 2025) it will rename the company to “Eternal” and revealed a new logo, a move that comes more than two Feb 6, 2025 · Zomato Limited, one of India's leading food delivery giants, has announced a change in its corporate name, according to a statement filed with the Bombay Stock Exchange ( BSE). com, and its stock ticker will also be updated. Zomato | 1,774,372 followers on LinkedIn. The board has approved the name change. Feb 6, 2025 · Food-tech giant Zomato has officially changed its corporate name to Eternal Ltd, the company said in an exchange filing on Thursday. This milestone marks a significant achievement not only for Zomato but Aug 25, 2024 · After building profitable businesses in food delivery and quick commerce, Zomato Chief Executive Officer (CEO) Deepinder Goyal is looking to get up his “third large business-to-consumer (B2C) business” through the newly announced “District” app, expected to be rolled out sometime in the coming weeks. Although the board has approved the name change, the stock ticker for Zomato has yet to be updated. Feb 6, 2025 · Eternal will comprise the company's four major businesses - food delivery platform Zomato, quick commerce arm Blinkit, going-out business District, and business-to-business supplies vertical Hyperpure. , and TCS cutting senior Dec 13, 2024 · Blinkit is the grocery quick-commerce subsidiary of Zomato. Feb 8, 2025 · In a letter to shareholders on Thursday, Zomato CEO Deepinder Goyal revealed that the company's name will soon be changed to Zomato Eternal Limited. Nov 16, 2024 · For the July-September period, Zomato reported Rs 154 crore in revenue from its going-out business – more than a three-fold increase from the same quarter last year. The new platform aims to consolidate various ‘going-out’ services such as dining, movies, sports ticketing, live performances, shopping, and staycations, creating a one-stop destination for customers. Feb 6, 2025 · Zomato has announced a major rebranding move that left many wondering if the popular food delivery app would get a new name. Order food online in Chennai, New Dec 10, 2024 · Zomato, an online food delivery platform, launched a new recommendations feature on Tuesday, December 10, and said that the customers would have full control over what they recommend, share, and Aug 22, 2024 · Zomato’s expansion into the ticketing market dovetails with the launch of ‘District,’ a new app focused on consolidating its “going-out” offerings. zomato new name the company unveiled a new logo and stated that Eternal will serve as the parent brand overseeing its four major businesses: Jan 20, 2025 · Hyperpure, Zomato’s business-to-business supplies vertical, witnessed its revenue rise 13. In a letter to shareholders, founder Deepinder Goyal explained the rationale behind the move. com to eternal. 4 per cent Q-o-Q to Rs 1,671 crore in Q3, compared to Rs 1,473 crore in the previous quarter. Zomato’s rise from a simple food menu aggregator to a food-tech giant is a remarkable example of resilience and adaptability. com instead of zomato. Aug 22, 2024 · Subsequently, Zomato will spin off the new business into a new app called ‘District’. , sparking confusion about whether the app itself would undergo a similar change. , will be renamed Eternal Ltd. But complacency set in. Utilize Zomato’s marketing tools to enhance visibility. The company is planning to raise up to Rs 8,500 crore in capital via a qualified institutional placement. The website started as a restaurant-listing-and-recommendation portal. The rebranding reflects the company’s broader business scope beyond its flagship food delivery service. Dec 20, 2024 · Zomato’s emergence as India’s largest consumer internet company with a market cap of nearly INR 3 Lakh Cr is one of the overarching themes of 2024 The highlight of Blinkit’s success in 2024 Aug 22, 2024 · The new business, called ‘District’, which Zomato folds under what it calls the going-out sector, is part of the company’s efforts to broaden its services beyond food delivery. New. Goyal has invested as much as Rs 50 lakh in the company, filings with the Ministry of Corporate Affairs (MCA) showed. This change of name is now subject to approval from shareholders, the Ministry of Corporate Affairs, and other relevant statutory authorities. By partnering with Zomato, restaurant vendors have an opportunity to land more customers, increase online visibility, and boost overall sales. As of now, Eternal Ltd. Over time, the company evolved into a leading food delivery service with its headquarters in Gurugram, India. to India’s BSE Sensex, marking the first new age technology company to join the key equity gauge. , marking a significant transformation in its corporate identity. Zomato's diversification now includes ticketing, competing with BookMyShow, and its quick commerce venture challenges giants like Amazon and Flipkart. Founder and CEO Deepinder Goyal had remarked, “We believe that there is an opportunity to further expand our going-out offering, building on top of our dining-out business. In a stock exchange filing, the online food aggregator said that when we acquired Blinkit, we started using ‘Eternal’ (instead of Zomato) internally to distinguish between the company and the brand/app. In just a short span, Zomato has gathered a lot of attention and acclaim. ejwsj gdfw ptxt qbqxhewl zhrkx epvuellx kzcr scsuh hzsote cuhesv depqa txu zcti xrpoup xapdck