As per Blinkit’s regulatory filings, it allotted 2,537 equity shares at an issue price of INR 19.7 Lakh (19,70,181) each to raise INR 500 Cr from Zomato “… pursuant to the resolution passed ...
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...
Brokerage firm Citi has said that Zomato and Zepto have captured a larger market share in the quick delivery space, leaving ...
Deepinder Goyal, Group CEO and Founder, said in a letter, “When we acquired Blinkit, we started using “Eternal” (instead of Zomato) internally to distinguish between the company and the ...
Food tech major Zomato has changed its name to Eternal and the company’s board has approved the same, the company said in a stock exchange filing on February 6. “When we acquired Blinkit ...
“We started using ‘Eternal’ internally when we acquired Blinkit, and we decided we would rename the company when something beyond Zomato became a significant driver of our future," he wrote ...
In a letter to the company’s shareholders, the company’s founder and CEO Deepinder Goyal wrote, “Our board has approved this ...
Zomato's stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a significant loss in Blinkit due to heightened competition and ...
Goyal stated that Eternal will comprise four major businesses as of now - Zomato, Blinkit, District, and Hyperpure. "When we acquired Blinkit, we started using "Eternal" (instead of Zomato ...
The newly-named Eternal will encompass four key businesses: Zomato, Blinkit, District, and Hyperpure. “We would like to hereby inform that the board of directors of the Company vide resolution ...
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