Zomato CEO Deepinder Goyal, in his letter to shareholders, revealed the reason behind changing the company’s name to ‘Eternal.’ Shares closed lower ahead of announcement on Thursday.

As food delivery giant Zomato announced its decision to rebrand its parent company to Eternal Ltd., netizens flooded social media with memes and jokes, prompting the company to issue a clarification.

Zomato is rebranding to Eternal Ltd. pending shareholder approval. This change involves updating the company’s name, website, and stock ticker symbol. Eternal Ltd. will serve as the parent entity for Zomato,

Eternal is expected to be at the helm of the company's house of brands strategy with four major businesses under it—Zomato, Blinkit, District, and Hyperpure

Deepinder mentioned that out of over 18,000 applications, 30 exceptional candidates received offers, and 18 have already joined Zomato in high-impact roles.

Eternal is not a new name that Zomato had adopted suddenly, instead they first used the name when the company acquired quick-services application, Blinkit.

Despite the name change, the Zomato app will continue to operate under its existing name. However, the company’s stock ticker will now be updated from Zomato to Eternal.

Zomato CEO Deepinder Goyal has a new job offer, this time for candidates who use artificial intelligence as their "second brain."

Zomato CEO Deepinder Goyal has posted a new job opening for someone with a "second brain," a reference to his search for candidates who are adept at leveraging artificial intelligence (AI) to its fullest potential.

Zomato CEO Deepinder Goyal seeks to collaborate with business and product leaders who utilize AI as a 'second brain,' emphasizing increased productivi