Eternal Ltd

Eternal Limited (formerly Zomato Limited) was originally incorporated as a Private Limited Company under the name “DC Foodiebay Online Services Private Limited” in New Delhi on January 18, 2010. Over the years, the company underwent several name changes:

• In 2012, the name changed to Zomato Media Private Limited.
• In April 2020, it was renamed to Zomato Private Limited.
• On April 9, 2021, it became a Public Limited Company, named Zomato Limited.
• On March 20, 2025, it was renamed again to Eternal Limited.

The company started as a restaurant discovery and review platform and quickly expanded its offerings to include food delivery, dining-out, and other restaurant-related services.

Milestones include:

• 2011: Raised its first institutional fund.
• 2015: Launched food delivery in India.
• 2016: Introduced table reservation services.
• 2017: Launched customer membership program, Zomato Pro.
• 2018: Acquired Carthero Technologies Pvt Ltd to boost hyperlocal delivery.
• 2019: Launched Hyperpure, a B2B supplies platform for restaurants.
• 2020: Expanded food delivery to 500+ cities in India and acquired Uber Eats India assets.
• 2021: Company went public and got listed on BSE and NSE on July 23.
• 2022: Introduced new subsidiaries and saw the dissolution of several foreign entities.
• 2023: Blink Commerce Pvt Ltd became a wholly owned subsidiary.
• 2024: Launched Dish Magic, enhancing restaurant menus for better customer experience.

Key Highlights of Eternal

• Renamed from Zomato Limited to Eternal Limited in March 2025.
• Operates multiple B2C and B2B platforms including food delivery, dining-out, Hyperpure, and Zomato Pro.
• First incorporated as DC Foodiebay Online Services Pvt Ltd in 2010.
• Provides restaurant search, reviews, photos, food delivery, table bookings, and payment features.
• Offers marketing tools and high-quality ingredients to restaurant partners.
• Connects customers, restaurant partners, delivery agents, and intermediaries.
• Entered digital payments and financial services with Zomato Payments Pvt Ltd and Zomato Financial Services Ltd.
• Acquired Blink Commerce Pvt Ltd, expanding into quick commerce.
• Received multiple recognitions from Deloitte, TRA Research, LinkedIn, AppAnnie, and Twitter.
• Relaunched Zomaland, its signature food and entertainment event, in FY23.
• As of March 31, 2022: 28 subsidiaries, 1 JV, and 1 associate company across India and abroad.

What Factors Affect the Eternal Share Price?

Several internal and external factors can influence the share price of Zomato (Eternal Limited):

• Business Performance: Revenue growth, profitability, and market expansion in food delivery, dining, and B2B services.
• User Engagement: Active user base and the success of loyalty programs like Zomato Pro.
• Subsidiary and Acquisition Moves: Strategic acquisitions (e.g., Blink Commerce) and new product launches (e.g., Dish Magic).
• Market Competition: Positioning against competitors in food delivery and quick commerce segments.
• Regulatory Changes: Compliance with SEBI and other financial regulations.
• Technology & Innovation: Enhancements in platform features, delivery logistics, and AI-driven personalization.
• Economic Conditions: Inflation, consumer spending, and overall market sentiment towards tech stocks.
• Public Sentiment: Awards, recognitions, and brand perception as reflected in media and consumer trust.