Zomato parent Eternal incorporates food services arm, Blinkit Foods
By
Binu Mathew
The board of Eternal—parent company of food delivery firm Zomato and quick commerce platform Blinkit—has approved setting up of a new subsidiary Blinkit Foods Pvt Ltd, the company said in a stock exchange filing.
The incorporation of this new subsidiary, which will operate in the food services segment, comes at a time when the company is expanding its 10-minute food delivery offering, Bistro. In a letter to the shareholders, Eternal founder and CEO Deepinder Goyal said that the company has 38 Bistro kitchens across Bengaluru and Delhi-NCR.
