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Zomato CEO Deepinder Goyal on Thursday said the parent company’s name would be changed from ‘Zomato Ltd’ to ‘Eternal Ltd’. However, the Zomato app will not be renamed.
In a surprising decision, online food delivery platform Zomato announced that the name of its parent company ‘Zomato Limited’ to ‘Eternal Limited’, surprising many foodies who have overwhelmingly relied on the platform to satisfy their cravings.
“We would like to inform that the board of directors of the company vide resolution dated February 6, 2025, have approved the change in the name of the company from ‘Zomato Ltd’ to ‘Eternal Ltd’,” the company said in the filing. However, it is important to note that the Zomato app will not be renamed but the stock ticker will be changed from Zomato to Eternal.
In a letter to shareholders, Zomato boss Deepinder Goyal said Eternal is a “powerful name” and a tall order to live up to. “This isn’t just a name change; it is a mission statement. A reminder etched into our identity that we will endure — not because we are here, but because we need to get there,” he said.
Social Media Users Surprised By Zomato Name Change
Zomato is used for millions of people across the country for food deliveries. Hence, the name change surprised many users and elicited a range of responses on social media. “Kya bhai kyu naam badal rhe ho. My mom likes Zomato. It’s a bit difficult to say Eternal,” said one user.
“Zomato aacha naam tha yaaaarr! Eternal Mai vo baat nahi hai. Aaj se Swiggy use karuga,” another user said. Another individual said, “I guess wrong move. Zomato is positioned itself in the market so well why change it?” Others pointed out that the rebranding sounded familiar to those undertaken by Facebook (Meta) and Google (Alphabet).
“I guess we have an end to the debate on whether it is Zo-maa-to or Zo-ma-to! It’s neither. It’s ‘Eternal’ now,” another user commented. “Swiggy to follow & rename itself Perpetual,” another netizen said.
I guess we have an end to the debate on whether it is Zo-maa-to or Zo-ma-to!It’s neither. It’s ‘Eternal’ now
On a serious note, it’s just the name of the corporate entity which changes to ‘Eternal’.
The platform still remains Zomato, sorry, Zo-maa-to!@deepigoyal @zomato… pic.twitter.com/lqS1rS2RhN
— Yash Jain (@YashJain88) February 6, 2025
Zomato parent company becomes EternalSwiggy to follow & rename itself Perpetual
Internal sources suggest – Both name changes refer to the period till which they would make losses 🥹
— Azhar Jafri (@zhr_jafri) February 6, 2025
Zomato is now ‘Eternally’ etched in our minds, and they have decided to rebrand themselves as Eternal.They would surely go beyond food deliveries, maybe entering into groceries and subscription-based deliveries.
Idkwhat runs in the mind of DG, but this is a bold step. pic.twitter.com/mDjtlNYNSX
— Divyanshi (@divyanshiwho) February 6, 2025
Zomato to change its name to Eternal!The app name doesn’t change, just the corporate entity does.
They surely know how to stay in the news.
Everyone will be talking about it for the next few days now.
Truth be told, Zomato has a great ring!
Should’ve just let that be 🙂 https://t.co/pvz4ui6FEF
— Mangalam Maloo (@blitzkreigm) February 6, 2025
During Q3FY25, Zomato saw its consolidated profit after tax (PAT) drop 57 percent year-on-year (Y-o-Y) to Rs 59 crore, down from Rs 138 crore in the same period a year ago. It had reported a PAT of Rs 176 crore in Q2FY25. Its revenues however rose 64 percent Y-o-Y to Rs 5,404 crore in Q3FY25, up from Rs 3,288 crore a year ago and Rs 4,799 crore in the previous quarter.