Zomato CEO says app will not be rebranded as Eternal

30 Aug 2022 , 09:48 AM

Zomato’s cofounder and CEO, Deepinder Goyal, stated he has no plans to step away from the day-to-day operations of the food-delivery business. He was responding to concerns expressed by investors after Zomato announced it would change its name to “Eternal.”

“If not more, I’m thrilled about carrying on with building Zomato. I consider Zomato to be my life’s work, and I still have the toughest (and most rewarding) leg of the journey ahead of me. The CEO of Zomato stated in a letter to the exchanges that “this announcement does not change anyone’s roles and obligations (including and notably mine) at Zomato.”

Zomato was internally rebranding as “Eternal,” a broader organization to contain many businesses, each with its own CEO, ETtech reported on August 1st.

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