Zomato board approves name change to Eternal Ltd, stock ticker to change
Food-tech giant Zomato has officially changed its corporate name to Eternal Ltd, the company said in an exchange filing on Thursday. The rebranding reflects the company’s broader business scope beyond its flagship food delivery service.
“When we acquired Blinkit, we started using ‘Eternal’ internally to distinguish between the company and the brand/app. We also thought we would publicly rename the company to Eternal the day something beyond Zomato became a significant driver of our future. Today, with Blinkit, I feel we are there,” Deepinder Goyal, Group CEO and Co-founder of Zomato, said in a letter to the BSE.