Eternal Ltd, the parent company of Zomato and Blinkit, has announced a significant leadership transition, with founder Deepinder Goyal stepping down from the chief executive role and moving into a board-level position. Subject to shareholder approval, Goyal has been appointed Vice Chairman and Director of the company for a five-year term, marking a shift from day-to-day operations to strategic oversight.
The board has named Blinkit CEO Albinder Singh Dhindsa as the new Chief Executive Officer of Eternal. Dhindsa will now lead the overall vision, product strategy, and execution across the group’s businesses, which include food delivery platform Zomato and quick commerce arm Blinkit.
The change comes at a time when Eternal is reporting strong financial momentum. For the third quarter ended December 31, 2026, the company posted a consolidated net profit of ₹102 crore, reflecting a year-on-year increase of nearly 73 percent compared to ₹59 crore in the same period last year. The performance was supported by growing demand for fast delivery services, particularly in the quick commerce segment.
Dhindsa brings long-standing experience within the Zomato ecosystem. Before founding Blinkit in 2013 along with co-founder Saurabh, he served as head of international expansion at Zomato, where he was responsible for building the company’s global footprint. Under his leadership, Blinkit has emerged as one of India’s leading rapid delivery platforms, playing a central role in Eternal’s growth story.
Goyal, who founded Zomato after a stint at Bain and Company, will continue to remain closely involved with the business through his new role on the board. His appointment as Vice Chairman signals continuity at the top, even as operational leadership passes to a new chief executive.
The restructuring reflects Eternal’s evolving priorities as it balances profitability, scale, and innovation across food delivery and quick commerce, two segments that continue to see intense competition and rising consumer demand in India’s digital economy.
