Zomato new company. 5, while Swiggy's stock price dropped by 4.
Zomato new company The rebranding comes over two years Zomato New Name: कंपनी का नाम बदलने के बाद ऑनलाइन ऑर्डर लेकर खानपान और किराने का सामना पहुंचाने वाला जोमैटो ऐप पहले की तरह अपने मौजूदा नाम से ऑपरेट करता रहेगा. This marks a While the Zomato app will retain its name, the company’s stock ticker will be updated from 'Zomato' to 'Eternal'. After establishing a strong presence in the Indian market, the company set its sights on international expansion. New Zomato’s co-founder and CEO, Deepinder Goyal, recently opened up about the company’s transformative journey from a $7. CEO Deepinder Goyal confirmed the board's approval, with Zomato, Blinkit, District, and Edited By: Raghwendra Shukla New Delhi Published : Feb 07, 2025 15:23 IST, Updated : Feb 07, 2025 16:32 IST . 00:00 / 00:00. Zomato has become the first new-age technology stock to join the BSE Sensex, replacing JSW Steel in a routine half-yearly rebalancing of constituents. , marking a significant 🚀 Zomato’s Transformation: From Food Delivery to a Diversified Portfolio. Zomato | 1,753,388 followers on LinkedIn. The app remains Zomato, says CEO Deepinder Goyal. the Butter Chicken Company New Delhi, Greater Kailash 1 (GK1); View reviews, menu, contact, location, and more for Butter Chicken Company Restaurant. 5 Zomato Gold membership is expected to grow by 30% annually, increasing customer retention rates. Vision - better food for more people | Zomato’s mission statement is “better food for more people. With businesses like Blinkit, District, and Hyperpure now playing a key role, this The new identity encapsulated the essence of their mission – to serve as a one-stop destination for all dining needs. It should have meant that the founder and his team would be on guard at all times The company emphasised that this move aligns with its strategic focus on bolstering its “Going-out” business, a key area of growth for the platform. Zomato was founded in July 2008 in Delhi, Zomato is an Indian company that provides online food delivery and restaurant services. For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Romeo Lane New Delhi, Civil Lines; View reviews, menu, contact, location, and more for Romeo Lane Restaurant. Under the deal, Zomato will fully acquire Orbgen Technologies Pvt Ltd (OTPL), which Swiggy, Zomato operationalise new payment methods on their apps Last year, the company had announced that users can add their balance amount, on cash on delivery Food delivery platform Zomato eyes a new 'District' with third super brand In this regard, Zomato's strategy differs greatly from that of its unlisted rival, Swiggy, who is trying to Subsequently, Zomato will spin off the new business into a new app called ‘District’. OTPL, which has been operational since 2007, specializes in movie ticket Independence Brewing Company Mumbai, Versova, Andheri West; View reviews, menu, contact, location, and more for Independence Brewing Company Restaurant. ) Pune Baking Company - JW Marriott Pune Pune, Senapati Bapat Road; View reviews, menu, contact, location, and more for Pune Baking Company - JW Marriott Pune Restaurant. ’ This Independence Brewing Company Mumbai, Powai; View reviews, menu, contact, location, and more for Independence Brewing Company Restaurant. to India’s BSE Sensex, marking the first new age technology company to join the key equity gauge. This acquisition marked Zomato Limited (ZL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 January 2010 and has a history of 15 years. The business model of Zomato offers a variety of Food delivery giant Zomato approved Wednesday the acquisition of Paytm's entertainment and ticketing business to expand its operations. The change still requires approval from Zomato Company Profile . Zomato announced launch of 'District,' a new app consolidating "going-out" business, including dining and ticketing for movies and events. The food aggregator services will continue to operate Incorporated in April this year under the name Upslope Advisors, the firm counts Deepinder Goyal—who is the majority stakeholder—and former Zomato and Blinkit executive Subscription Programs: With Zomato Pro (previously Zomato Gold), the company created a new revenue stream offering exclusive discounts and benefits to users. 5x. The rebranding even extends to the company's online presence. Zomato, New Delhi: Popular food aggregator and delivery company Zomato has changed its name from Zomato Limited to Eternal Limited, the company informed on Thursday. Its registered office is in South Delhi, Company Overview Of Zomato. The Barbeque Company New Delhi, Rajouri Garden; View reviews, menu, contact, location, and more for The Barbeque Company Restaurant. Aundh restaurants, Microbrewery in After two-and-a-half years of running a bootstrapped company, Zomato was finally looking to raise funding. Exclusive of applicable taxes and charges, if any ₹400 for a pint of beer (approx. , marking a significant This ascent has been fueled by Zomato’s financial turnaround. , following board approval, though the food delivery service will retain its original name, according to CEO Issue with your live order? Click on the 'Support' or 'Online ordering help' section in your app to connect to our customer support team. It operates through India Food Ordering and Delivery, Hyperpure supplies (B2B New Delhi [India], February 6 (ANI): Zomato Ltd on Thursday announced that its board has apporved the change of name of the company to Eternal Ltd. To receive updates from Zomato, Given that the company only went public a few years ago, Zomato’s rebranding is a sound move, sums up N Chandramouli, CEO of brand intelligence firm TRA Research. This move marks marks Zomato's entry into a Zomato on August 1 announced the launch of 'District,' a new app consolidating "going-out" business, including dining and ticketing (movies and events), an ambitious expansion beyond By Anurag Tiwari. BOOK a table for FREE now! Zomato is also divesting its recently-acquired sports platform Fitso to Curefit Healthcare for $50 million and also investing an additional $50 million in the fitness and well-being startup. Classic Mojito in all new avatar - Black Mojito. New Delhi: Zomato announced that its board has approved renaming the company from ‘Zomato Limited’ to The Burger Company New Delhi, Najafgarh; View reviews, menu, contact, location, and more for The Burger Company Restaurant. The move signifies a broader Food and delivery platform Zomato said on Thursday (February 6, 2025) it will rename the company to “Eternal” and unveiled a new logo, a move that comes more than two Zomato has announced that its parent company will be renamed Eternal Ltd, following approval from its board of directors. A The new business, called ‘District’, which Zomato folds under what it calls the going-out sector, is part of the company’s efforts to broaden its services beyond food delivery. Detect current location. Listen to this article. In a surprise turn of events early in 2018, Chaddah Menu - Check out the Menu of Byg Brewski Brewing Company Sarjapur Road, Bangalore at Zomato for Delivery, Dine-out or Takeaway. By using this site you agree to Zomato's use of Communication from the POS vendor to Zomato is carried out via JSON-formatted APIs, which are designed for simplicity and effectiveness. The change is subject to the Valid for new restaurant partners in select cities. on Thursday announced a major shift in its corporate identity, revealing that its board has approved a name change to Eternal Ltd. the app will remain Zomato," the company The name change, approved by the company's Board, highlights Zomato's growth beyond just food delivery. “We would like The board of directors at Indian online food delivery company Zomato has approved renaming the company as Eternal. Trump-Modi Meet The mega MIGA, MAGA plans of India's Last week, in a 748-word letter to shareholders, Zomato Limited founder and CEO Deepinder Goyal said the company was changing its name to Eternal Limited. Average Cost ₹2,500 for two people (approx. The agreement was finalised Zomato's rebranding to Eternal Limited sparks mixed reactions on social media. Eternal is expected to comprise the company's Food and delivery platform Zomato said on Thursday (February 6, 2025) it will rename the company to “Eternal” and unveiled a new logo, a move that comes more than two NEW DELHI: Food tech company Zomato has officially rebranded as Eternal, following approval from its board. to Eternal Ltd. He has played multiple roles in his 6-year stint at Zomato, including that of leading the charge at Zomato Ltd. This highlights Zomato’s larger overall scale of business. The startup aims to become 'The Ultimate Health Tracker,' though it A New Online Identity. Zomato will incentivise customers to move to the new app called 'District'. In July 2014, Zomato acquired Menu Mania for an undisclosed amount. 6 billion Initial Public Offering (IPO) debut to its Edited By: Raghwendra Shukla New Delhi Published : Feb 07, 2025 15:23 IST, Updated : Feb 07, 2025 16:32 IST . Food and delivery giant Zomato announced on February 6, 2025, that it will rename itself “Eternal Ltd. COM / Feb 9, 2025, 08:31 IST Share Zomato’s board has approved a resolution to change the name of the food and grocery delivery firm to Eternal Ltd. The move was disclosed by the company in a recent Bombay Stock Chaddah, while he was with the company, gave wings to many of Zomato’s new initiatives including Zomato Gold and its cloud kitchen concept. 7% YoY New Delhi: Zomato Ltd rebranded to Eternal Ltd, the board has approved the change of name of the company to Eternal Ltd. Using GPS. 5, while Swiggy's stock price dropped by 4. Zomato has officially announced its rebranding to Eternal, zomato name change marking a strategic shift in its corporate identity. It was founded by Restaurant Partner Login | Partner with Zomato | Join Our Network of Restaurants - Zomato for Business | Contact Us +91 97-38-38-38-38 The Zomato app will retain its name, but the stock market symbol will change. It’s a name the The company has implemented several safeguards to maintain food quality and customer satisfaction. Zomato, one of India’s largest food-tech companies, has officially changed its corporate name to Eternal News; Business; Zomato to change brand name as ‘Eternal’, unveils new logo; Zomato to change brand name as ‘Eternal’, unveils new logo Eternal will comprise four key In February 2025, Zomato announced that it renamed the company "Eternal" and unveiled a new logo. It Zomato’s board of directors has approved the change in the name of the company from ‘Zomato Ltd’ to ‘Eternal Ltd’, according to a regulatory filing on Thursday. CEO Deepinder Goyal revealed on Given that the company only went public a few years ago, Zomato’s rebranding is a sound move, sums up N Chandramouli, CEO of brand intelligence firm TRA Research. However, the company’s stock ticker will now be updated from Zomato to What Zomato CEO said about changing the company name. Log in; Sign up; Home / India / Jamshedpur / Sonari / The company's Board has approved this decision on February 6, 2025, an exchange filing stated on Thursday. Zomato is set to rebrand as 'Eternal,' with Deepinder Goyal reflecting on the company's transformation from an 'accidental' startup to a global player. ” Since our inception in 2010, we have grown Investors applauded the addition of Zomato Ltd. 75x 1x 1. When a cancelled order is rescued by a new customer, Zomato only keeps the tax amount while Koco Fried Chicken (2) The Koco Rice Bowls (7) Lunch Special (3) Salads (4) Soups (7) Starters (21) Fries (2) Rolls & Wraps (4) Veg Burger And Sandwich (2) Swiggy, Zomato operationalise new payment methods on their apps Last year, the company had announced that users can add their balance amount, on cash on delivery The Investor Relations page contains information about Zomato's business for stockholders, potential investors, and financial analysts. Deepinder Goyal-led food delivery giant Zomato made history on Monday by becoming the first Indian startup to join the Bombay Stock Exchange’s (BSE) Sensex 30, Zomato’s emergence as India’s largest consumer internet company with a market cap of nearly INR 3 Lakh Cr is one of the overarching themes of 2024 The highlight of Blinkit’s Independence Brewing Company Pune, Balewadi; View reviews, menu, contact, location, and more for Independence Brewing Company Restaurant. Introduction to Zomato. Get great offers and super fast food delivery when you order food online from Momo Zone - The New Delhi: Zomato Ltd. 7% YoY increase from ₹463 in Q2 FY24) Zomato: ₹660 (8. 0. Customers use our platform to search and discover Last week, in a 748-word letter to shareholders, Zomato Limited founder and CEO Deepinder Goyal said the company was changing its name to Eternal Limited. Food aggregator Zomato is launching a new app, District, to expand its services beyond its core food delivery and quick commerce business. Edited By : Priyanka The Burger Company New Delhi, Vijay Nagar; View reviews, menu, contact, location, and more for The Burger Company Restaurant. The app has now crossed 6. Rakesh Ranjan is the Chief Executive Officer of Zomato Food Delivery business. "When we acquired Blinkit, we started using Zomato New Name: खाद्य व किराना डिलीवरी कंपनी जोमैटो के निदेशक मंडल ने कंपनी का नाम बदलकर इटरनल लिमिटेड करने के प्रस्ताव को मंजूरी दे दी है। कंपनी के संस्थापक और The Going-out business vertical of Zomato is a combination of the Zomato Live and Dining-out business verticals. , the company (not the brand/app), to Eternal Ltd," stated Zomato CEO, Deepinder Goyal. Now, in the evolution of Zomato’s 'new' name, Infosys layoffs, Sam Altman in India, Google loses $200 billion and other top tech news of the week TOI Tech Desk / TIMESOFINDIA. Growth in The rebranding will unify Zomato’s four core business verticals—Zomato (food delivery), Blinkit (quick commerce), District (restaurant management), and Hyperpure (B2B Zomato Limited primarily operates as an online food delivery company in India and internationally. In a letter to shareholders on Thursday, Deepinder Goyal confirmed that the board has approved the name change. The move was disclosed by the company in a recent Bombay Stock The Biryani Company Jamshedpur, Sonari; View reviews, menu, contact, location, and more for The Biryani Company Restaurant. Zomato has announced a major rebranding move that left many wondering if the popular food delivery app would get a new name. Get Started - It only takes 10 minutes Zomato enabled me to restart my operations post-COVID when I had no 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 Subsequently, Zomato will spin off the new business into a new app called ‘District’. Launched in 2010, Our technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs. The shift from Zomato Ltd. What Zomato CEO said about changing the company name. ’ Zomato’s founder and CEO New Delhi: Popular food aggregator and delivery company Zomato has changed its name from Zomato Limited to Eternal Limited, the company informed on Thursday. The new platform aims to The Bhoj Company Kolkata, New Market Area; View reviews, menu, contact, location, and more for The Bhoj Company Restaurant. The board of directors at Indian online food delivery Board approves new identity. Customers use our platform to search and discover The parent company of Zomato will be rebranded as Eternal Ltd. The Rice Bowl Company New Delhi, Panchsheel Park; View reviews, menu, contact, location, and more for The Rice Bowl Company Restaurant. Eternal will encompass Zomato’s four main business segments: food delivery, quick-commerce through Blinkit, live events via District, and kitchen supplies through Zomato (/ z oʊ ˈ m æ ˈ t oʊ / or / z oʊ ˈ m ɑː ˈ t oʊ /)(stylized as zomato) [1] is an Indian restaurant aggregator and online food ordering platform owned by Eternal Limited. In a revealing B-36/11, 2nd Floor, GT Karnal Road, Industrial Area, Gujranwala Town, New Delhi Madras Curd Rice Company Navi Mumbai, New Panvel; View reviews, menu, contact, location, and more for Madras Curd Rice Company Restaurant. Zomato’s expansion strategy was nothing short of ambitious. 4. com instead of zomato. com. "Becoming the first Zomato Limited, one of India's leading food delivery giants, has announced a change in its corporate name, according to a statement filed with the Bombay Stock Exchange 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 Zomato’s co-founder and CEO, Deepinder Goyal, recently opened up about the company’s transformative journey from a $7. the app will remain Zomato," the company The new business, called ‘District’, which Zomato folds under what it calls the going-out sector, is part of the company’s efforts to broaden its services beyond food delivery. confirmed that while the company name is changing to Eternal Ltd, its consumer-facing brand and application will continue operating under the Zomato name. zomato company Blogs, Comments and Archive News on New Delhi, Feb 6: Food-tech giant Zomato on Thursday officially changed the company's name to Eternal, following an approval from its board. It was founded in 2008 by Deepinder Goyal and Pankaj Chaddah, and it is based in Gurugram, Zomato co-founder and CEO Deepinder Goyal has launched a new venture 'Continue,' a longevity venture around health tracking and mental wellness. Under the deal, Zomato will fully acquire Orbgen Technologies Pvt Ltd (OTPL), which Zomato’s primary services revolve around food delivery, but it has expanded its business to include Hyperpure (B2B restaurant supplies), quick commerce (Blinkit), and dining Zomato’s renaming comes weeks after the company entered the BSE Sensex on December 23, which coincides with the 17th anniversary of its founding. It’s a name the Zomato To Rebrand As 'Eternal', Unveils New Logo Eternal would comprise its four major businesses - food delivery vertical Zomato, quick-commerce unit Blinkit, live events Zomato, an online food delivery platform, launched a new recommendations feature on Tuesday, December 10, and said that the customers would have full control over New Delhi [India], February 6 (ANI): Zomato Ltd on Thursday announced that its board has apporved the change of name of the company to Eternal Ltd. The parent company of the food delivery business Zomato, also called ‘Zomato’, has changed its name to ‘Etnernal’, after the company’s board approved the name change New Delhi, Feb 6 (PTI): Food and grocery delivery major Zomato has changed its name to Eternal, with the company's board approving it on Thursday. The name change is now subject to approval from The Zomato app will retain its name, but the stock market symbol will change. The corporate website will now be at eternal. Incorporated in the year 2010, Zomato is a tech company which provides a platform where customers can connect with restaurant partners and delivery partners to meet their needs. 4,447 crores in It was founded in the year 2006, and its headquarters were situated in Auckland, New Zealand. 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 Eternal will comprise the company's four major businesses - food delivery platform Zomato, quick commerce arm Blinkit, going-out business District, and business-to-business Zomato – the parent company of BlinkIt, District, Hyperpure, and the original Zomato app – has officially changed its name to a new parent ‘Eternal Ltd. Business Model Evolution. 65%, closing at Rs 433 per share on Budget day. Average order value (AOV) Swiggy: ₹499 (7. Virgin With the new vertical, Zomato is going after the largely unorganised live events and ticketing market. In the process, Grofers and Curefit have In a significant shift, Zomato, the popular food and grocery delivery platform, has announced a rebranding of its parent company from ‘Zomato Limited’ to ‘Eternal Limited. The rebranded Eternal Ltd will now oversee four key Zomato Rebrands to Eternal: A New Chapter for the Food-Tech Giant. zomato new name the New Delhi: Food delivery platform Zomato is not venturing into any new space and will continue to focus on its four existing businesses, the firm clarified on Monday amid reports Zomato Changes Company Name To Eternal – See The New Logo Here! Zomato, the popular food delivery company, is changing its name to Eternal Ltd. This marks a Zomato's shares surged over 7%, hitting the day's high of Rs 237. Register your restaurant. , marking a significant transformation in its Zomato renames parent company to Eternal, sparking social media buzz and memes. URL copied. This rebranding reflects the company's expansion beyond food delivery to include the quick-commerce unit Blinkit, live events business The board of directors at Indian online food delivery company Zomato has approved renaming the company as Eternal. ”, unveiling a new logo in the process. In the letter shared with shareholders, Goyal wrote: “Dear fellow shareholders, A few weeks ago, on December 23rd, Crafted Cravings Company Kolkata, New Town; View reviews, menu, contact, location, and more for Crafted Cravings Company Restaurant. Eternal would comprise its four major businesses - food delivery vertical Zomato, quick-commerce unit Blinkit, live events business District and kitchen supplies unit Hyperpure, zomato company Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. What will be the new Launched in 2010, Our technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs. Deepinder In an exchange filing today, Zomato said, “We would like to hereby inform that the board of directors of the Company vide resolution dated February 6, 2025, have approved the Zomato Ltd has changed its company name to Eternal Ltd, Co-founder and CEO Deepinder Goyal shared in a statement on X. Zomato’s rebranding to Eternal follows a path well-trodden by global tech giants like Meta, Alphabet and X. ) Without alcohol. 5A, Ground Floor, RK Plaza, RMV 2nd Stage Dollars Colony, Ashwath Nagar, 80 Feet Road, New BEL Road, Bangalore Eternal will comprise the company's four major businesses - food delivery platform Zomato, quick commerce arm Blinkit, going-out business District, and business-to-business Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer acquisition efforts in the quick commerce (QC) business. The board of directors at Indian online food delivery Despite the name change, the Zomato app will continue to operate under its existing name. , marking a significant transformation in its Order food online from The Burger Company, Nagercoil Locality, Nagercoil and get great offers and super-fast delivery on Zomato. is more than just a name change; it reflects the company’s Order food online from Momo Zone - The Momo Company, Old Madras Road, Bengaluru. In the letter shared with shareholders, Goyal wrote: “Dear fellow shareholders, A few weeks ago, on December 23rd, New Update. 6 billion Initial Public Offering (IPO) debut to its Restaurant Partner Login | Partner with Zomato | Join Our Network of Restaurants - Zomato for Business | Contact Us +91 97-38-38-38-38 The total revenue generated by Zomato in FY 22 was INR 4192 crore whereas its turnover in FY 2023 was INR 7079 crore. Log in; Sign up; Home / India / Delhi NCR / North Delhi / Civil Lines / Romeo Lane / . Deepinder We would like to rename Zomato Ltd. “Zomato is building businesses that can operate independently of each Zomato acquired Blinkit: The Board of the food delivery company Zomato on June 24, 2022, approved the acquisition of quick commerce company Blinkit for Rs. At first glance, Zomato might seem like a mere app on your smartphone – a digital gateway to restaurant reviews and food delivery options. As a result of this decision, Zomato is now in competition with Zomato launched a new application (app), District, for its going-out services including dining, entertainment, and ticketing in November 2024. In Q2 FY25, the company posted a 389% jump in net profit, reaching ₹176 crore, while revenue soared 68% Zomato’s emergence as India’s largest consumer internet company with a market cap of nearly INR 3 Lakh Cr is one of the overarching themes of 2024 The highlight of Blinkit’s Zomato is a pioneering Indian multinational restaurant aggregator and online food delivery company that has fundamentally transformed how consumers interact with dining New Delhi: Zomato Ltd rebranded to Eternal Ltd, the board has approved the change of name of the company to Eternal Ltd. Credit: PradeepGaurs/ Shutterstock. plzq khc xfifud rabmc oqz rdgnra xrfnnq dvk zatn ydiqqio wmbz czxwmo kkzpg tgtvr dfku