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Eternal zips past DMart in market cap as Blinkit shines
Hindustan Times Thane
|July 23, 2025
A surprise show from quick commerce unit Blinkit lifted shares of Eternal Ltd to a record on Tuesday, pushing its market capitalisation to the highest level since its 2021 public listing
The rally underscores growing investor confidence in the country’s digital consumption narrative, as Eternal’s market value shot past that of Avenue Supermarts Ltd, which operates grocery chain DMart.
Eternal, the parent of Zomato, began asa food delivery startup under founder Deepinder Goyal in 2008. Over the years, it has evolved into a consumer tech platform spanning quick commerce, dining-out experiences through District, and 10-minute food delivery via Bistro.
This story is from the July 23, 2025 edition of Hindustan Times Thane.
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