Zomato to become ‘Eternal’: Indian startup Zomato Limited is going to change a lot with the name. Actually, news is coming that Zomato is hiring four new CEOs, after which the food delivery company can change its name.
Zomato to become ‘Eternal’: Indian startup Zomato Limited is going to change a lot. The news is coming that the management of the food delivery company can make a parent company. Actually, there is news of keeping different CEOs to handle the company. Zomato is appointing four CEOs to lead its core business. It is worth noting that Zomato’s IPO came in 2021 last year and the company has also recently acquired quick delivery company Blinkit. After the news of the idea of changing the name, today the company’s stock has also seen a great rise.
Know what will be the new name of Zomato?
It is worth noting that Deepinder Goyal is planning to re-brand the parent company and the news of renaming Zomato to ‘Eternal’ is coming. According to Bloomberg, the new name of Zomato can be named ‘Eternal Limited’. Zomato, a company backed by Ant group company Temasek Holdings Pte and Goldman Sachs Group Inc., said in an internal memo that it is now building a unit that will require at least four different CEOs following the deal with grocery-delivery startup Blinkit. will be kept. But all these units will work together. Let us tell you that the company also has a business-to-business unit called Hyperpure, which provides ingredients and kitchen for restaurants.
Zomato is in big planning
Zomato co-founder and CEO Deepinder Goyal has shared a note with employees, which reads, “We will have four different CEOs to run each of our businesses (like Zomato, Blinkit, Hyperpure and Feeding India). All will work as each other’s companions, and work as one. A super-team will be formed to expand the business. Goyal said, ‘From today, we are going to call this big institution “Eternal”. He also said that this name will remain internal for now. Although no official announcement has been made for this till now, but the new name ‘Eternal’ has started being used within the company. It can be officially announced soon.
Under what name will the share trade?
Apart from this, the company has also said in its internal mail that we name our company Zomato Ltd. From Eternal Ltd. will do. Also change your stock ticker to ETERNAL. After this announcement of the company, its stock has seen a spectacular rise of 20 percent.
