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Chronicles

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Internal memo: Zomato appoints four CEOs to lead each of its key business units Zomato, Blinkit, Hyperpure, and Feeding India and plans to rename itself Eternal

Saritha Rai / Bloomberg :

Bloomberg Saritha Rai

Context & Ripple Effects

The four-unit structure follows Zomato’s all-stock agreement to bring instant-delivery service Blinkit into the group. Assigning separate CEOs to Zomato, Blinkit, Hyperpure, and Feeding India formalizes a portfolio that now extends beyond the core delivery brand.

The planned Eternal name separates the parent-company identity from Zomato’s consumer-facing service, while keeping the businesses under one corporate umbrella.

First-order effects

  • Zomato, Blinkit, Hyperpure, and Feeding India each receive a dedicated chief executive, concentrating operating accountability within their respective units.
  • The Eternal rebrand positions Zomato as one business inside a broader parent organization rather than as the name for the entire group.

Second-order effects

  • Blinkit’s post-merger integration shifts from an acquired business to a peer operating unit with its own leadership, making its execution more distinct from Zomato’s core delivery operations.
  • A clearer unit structure gives the parent a more legible way to manage businesses with different operating models while retaining shared corporate ownership.

Third-order effects

  • If maintained, the reorganization points to Zomato evolving from a single-brand delivery company into a multi-business holding structure, with brand-level operators and a parent-level capital and governance identity.

The trend: Consumer internet platforms are increasingly separating mature brands and newer adjacent businesses into distinct operating units under a common parent.

Discussion

  • @ron_miller Ron Miller on x
    I have to say I like the old name better https://twitter.com/...
  • @johnreddyk John Reddy on x
    India's Zomato Appoints 4 CEOs, to Change Name to Eternal “We are transitioning from a company where I was the CEO to a place where we will have multiple CEOs running each of our businesses (e.g Zomato, Blinkit, Hyperpure, Feeding India): Deepinder Goyal https://www.bloomberg.com…
  • @chandrarsrikant Chandra R. Srikanth on x
    “We are transitioning from a company where I was the CEO to a place where we will have multiple CEOs running each of our businesses . Starting today, we are going to call this larger organisation ‘Eternal’,” Zomato founder Deepinder Goyal in an internal post last week https://twi…
  • @sub8u @sub8u on x
    Hey Siri, how do you kill a company using governance structures? “We are transitioning from a company where I was the CEO to a place where we will have multiple CEOs running each of our businesses...all acting as peers to each other” https://www.reuters.com/... https://twitter.co…