In a surprising move, food and grocery delivery platform Zomato has announced that it is changing the name of its parent company 'Zomato Limited' to 'Eternal Limited'.

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 name internally.

The Zomato app and brand name will remain unchanged. Blinkit grew materially larger than Zomato’s food delivery business in the past year. A number of analysts estimate that Blinkit will grow to account for as much as 70% of the group’s value in the coming year.

Deepinder Goyal, CEO, Zomato has made this announcement on his official social media handle on X by posting the formal announcement letter.

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.

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 began using the new name internally.

While the parent company will now be known as Eternal Ltd, the food delivery app will retain the familiar Zomato branding. However, the company’s corporate website will shift from zomato.com to eternal.com, and its stock ticker will change accordingly.

Indian food and grocery delivery platform Zomato (NSE:ZOMT) announced on Thursday a company-wide rebranding. The firm will change its name to "Eternal" and unveil a new logo. This move comes more than two years after the company started using the new name internally.

In a move that has surprised many, the online food delivery platform, Zomato, has decided to change the name of its parent company ‘Zomato Limited’ to ‘Eternal Limited.’ In a letter to shareholders, Zomato boss Deepinder Goyal said that the company's board has approved the name change.