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Zomato: Visionary leap or just a name game?
Mint Kolkata
|February 10, 2025
The food and grocery delivery company's rebranding to Eternal follows a path well-trodden by global tech giants like Meta, Alphabet and X
A name can mean everything or nothing. When Zomato decided to rename its corporate entity to Eternal Ltd last week, the industry sat up and took notice. Was this a strategic move, a branding masterstroke or simply an attempt to manifest a sense of permanence in an unpredictable sector?
For consumers, nothing changes—the Zomato app remains Zomato. However, chief executive officer (CEO) Deepinder Goyal sees this as a pivotal moment for the company. "We started using 'Eternal' internally when we acquired Blinkit, and we decided we would rename the company when something beyond Zomato became a significant driver of our future," he wrote in a letter to shareholders. With Blinkit's expansion and new verticals emerging, that moment seems to have arrived.
However, some industry experts believe this rebranding is more about optics than substance. A brand expert, speaking on condition of anonymity, remarked that Eternal reflects a desire for permanence in a highly volatile industry. "Seems they are manifesting an eternal business," he said. "But on a serious note, the food and grocery delivery business in India thrives on cheap labour and low operational costs. The moment labour markets tighten—say, due to a manufacturing boom in regions like UP (Uttar Pradesh) and Bihar—this model will face existential challenges. Indian consumers are highly price-sensitive and unwilling to pay steep delivery fees, making sustainability a real concern. The question is: will Eternal live up to its name when these economic shifts occur?"
Rationale for the name change
यह कहानी Mint Kolkata के February 10, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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