Zomato Parent Company Renamed Eternal
Analysis based on 18 articles · First reported Feb 06, 2025 · Last updated Feb 07, 2025
The rebranding of Zomato's parent company to Eternal Limited signals a strategic shift towards a more diversified business model, which could positively impact investor confidence by reducing reliance on a single vertical. The change in stock ticker to ETERNAL, if approved, will directly affect how Eternal Limited is traded and perceived in the market.
Zomato's parent company is set to be renamed Eternal Limited, pending shareholder and regulatory approval. CEO Zomato announced the change, explaining that the new name reflects the company's growth beyond its core food delivery business, now encompassing Zomato — Blinkit (grocery delivery), Hyperpure (B2B supplies), and District (food court/live events). The name 'Eternal' was initially used internally after the Zomato — Blinkit acquisition to differentiate the company from the Zomato brand. The rebranding aims to signify a commitment to long-term sustainability and impact, with the corporate website transitioning to eternal.com and the stock ticker changing from ZOMATO to ETERNAL upon approval. This move highlights the company's evolution into a diversified entity in the Indian market.
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