Thu Feb 06 15:20:00 UTC 2025: **Zomato Rebrands as “Eternal,” Reflecting Diversification Beyond Food Delivery**

MUMBAI, INDIA – Food delivery giant Zomato has officially changed its name to “Eternal,” a move reflecting the company’s expansion beyond its core food delivery business. The change, announced by CEO Deepinder Goyal, coincides with a slowdown in the food delivery sector, impacting both Zomato and its rival Swiggy. While the Zomato app will retain its name, the stock ticker will now be labelled “Eternal.” This shift comes as Zomato increasingly emphasizes its quick-commerce venture, Blinkit, as a key driver of future growth. Swiggy’s share price fell 6.98% following the news, while Zomato saw a minor 0.90% decline.

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The article also includes mentions of the current state of the crypto market and the Sensex.

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