From dinner to date night plans, Zomato is the go-to app for millions. Known for seamless food delivery, restaurant discovery, and quick commerce options like Blinkit, Zomato has firmly embedded itself in urban culture. In 2024, its parent company rebranded to Eternal Limited, reflecting its expanding services beyond food.
👤 Who Is the Zomato Owner? Founders Meet Eternal Limited
Eternal Limited: The Parent Entity
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Eternal Limited is the current parent company housing Zomato, Blinkit, Hyperpure, and District.
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Major shareholders include Info Edge (~13.7%), Antfin Singapore (~4.3%), and Deepinder Goyal himself (~4.2%).
Founding Leadership
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Deepinder Goyal is the co-founder and CEO & MD, holding around 4.2–4.3% of the company.
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Pankaj Chaddah, co-founder and former COO, sold most of his stake after exiting in 2018.
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Info Edge, the early investor behind Naukri.com, holds a significant stake valued at $3.7 billion.
Together, founders, early investors, and institutional backers shape the strategic direction of Eternal Limited, the overarching Zomato owner.
🏛️ Background of the Zomato Owner: Founder & Early Vision
Deepinder Goyal
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Education: IIT Delhi (B.Tech in Mathematics & Computing).
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Career path: From consulting at Bain & Company to launching FoodieBay in 2008—later rebranded Zomato in 2010.
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Net worth: Became a billionaire following Zomato’s stock surge, with a stake valued at over ₹8,000 crore (~$1 billion).
Pankaj Chaddah
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Background: IIT Delhi alumnus; exited in 2018 to launch other ventures.
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Stake: Retains ~1.7% shareholding.
Info Edge
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Founder: Sanjeev Bikhchandani; major early investor.
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Impact: Provided early funding and strategic guidance, enabling growth.
The ownership structure balances founding vision, institutional guidance, and public oversight—making Eternal Limited the strategic Zomato owner.
| Aspect | Insight |
|---|---|
| Zomato owner | Eternal Limited (Deepinder Goyal, Info Edge, others) |
| Founders | Deepinder Goyal (~4.2%), Pankaj Chaddah (~1.7%) |
| IPO launch | 2021 |
| Major verticals | Food delivery, Blinkit, Hyperpure, District |
| Quick commerce growth | GOV doubled to ₹4,027 cr; Blinkit expanding to 1K stores |
| Financial performance | Q4 profits fell 78% due to expansion strategy |
| Market presence | 800+ cities (India + UAE) |
| Innovation edge | Data-driven platform, ESG commitments, tech-first culture |
🏁 Founding Story & Business Evolution
Early Beginnings
Goyal and Chaddah launched FoodieBay in 2008 to share restaurant menus among corporate colleagues. In November 2010, it became Zomato, shifting to a current app-based platform.
Expansion into Delivery
By 2015, Zomato launched food delivery and acquired Uber Eats India in 2020—gaining a 9.99% stake for Uber.
Rebranding & Diversification
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Rebranded parent firm to Eternal Limited in February 2025.
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Acquired Blinkit (2022), Hyperpure (2019), and launched District, the events-booking app (2024).
💼 Business Model & Monetization Strategy
Core Services
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Food delivery: Commission + delivery fees + sponsored listings.
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Quick commerce (Blinkit): Instant grocery delivery, scaled with 294 new stores in Q4 FY25.
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B2B (Hyperpure): Supplies fresh-quality produce to restaurants.
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Events (District): Newly launched vertical in ticketing and event management.
Revenue & Profit
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Q4 FY25 profit dropped 78% to ₹39 crore due to Blinkit expansion.
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Zomato’s food-delivery revenue climbed 17% to ₹2,409 crore, slightly below forecast.
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Hyperpure, District, Blinkit all contribute to a diversified revenue mix.
🛠️ Marketing & Brand Strategy
Data-Centric Approach
Zomato leverages user and restaurant data to personalize recommendations—transforming into a data-driven platform.
Consistent Innovation
Parent name change and launch of new apps signal a broadened vision. Platform features evolve on a regular basis.
🌍 Expansion & Market Presence
Geographic Reach
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Food delivery in 800+ Indian cities and UAE markets.
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Blinkit expanding hyperlocal delivery with 1,000 dark stores planned by March 2025.
Scaling Strategy
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Zomato focuses on core India/UAE markets.
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Blinkit and Hyperpure reinforce vertical expansion.
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District targets the offline experience ecosystem.
🧩 How the Zomato Owner Shapes the Brand
Founder-Led Governance
Though Deepinder Goyal’s stake is modest (~4%), his CEO role gives him critical influence.
Institutional Weight
Info Edge and Antfin’s stakes ensure financial backing. Zomato remains grounded amid rapid expansion.
Growth Through Acquisitions
Acquiring Blinkit and Uber Eats India allowed vertical and horizontal scaling.
Brand Culture & Ethics
Public salary cuts, charitable pledges (ESOP donations by Goyal), and tech-driven transparency reflect owner ethos.
📈 Industry Impact & Notable Achievements
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IPO & Billionaire CEO
Zomato IPO in 2021; Goyal reached billionaire status post-share spike. -
Quick Commerce Leap
Blinkit’s rapid expansion—17% QoQ food revenue growth; Blinkit’s GOV doubled to ₹4,027 crore. -
Diversified Portfolio
Offers food, groceries, B2B, events—meeting multiple consumer needs under one roof. -
Public Market Resilience
Despite 78% profit decline, shares rallied—reflecting sustained investor trust. -
Data-Centric Innovation
Personalized recommendations and app engagement reaffirm Zomato’s digital edge.
📝 Conclusion: The Zomato Owner’s Lasting Influence
So, who is the zomato owner? It’s Eternal Limited, anchored by a mixed ownership structure including founder Deepinder Goyal (~4%), Info Edge (~14%), Antfin, and others. The ownership balance ensures founder-led strategy, institutional stewardship, and public accountability.
Leadership under Goyal, combined with bold acquisitions in quick commerce and diversified verticals, drives Zomato’s evolution. As it navigates future growth in Blinkit, Hyperpure, and District, the Zomato owner’s blend of vision, data-driven innovation, and diversified strategy will continue steering the brand’s success.
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