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Budget Express 2026

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Zomato

Zomato is an Indian multinational restaurant aggregator and food delivery company. Based in Gurugram, a satellite city of India's capital New Delhi, the company was founded in 2008 as Foodiebay, and was renamed Zomato in January 2010 as Zomato Media Pvt Ltd. It offers services like home delivery of food, restaurant discovery, menus, reviews, online table reservations, special discounts while eating at select restaurants, and digital payments when dining out. It also works with restaurant partners to provide tools that enable them to engage and acquire more customers while empowering them with a last-mile delivery service and a one-stop procurement solution – Hyperpure, for ingredients and kitchen products. As of March 2021, Zomato was present in 525 cities in India, with 3,89,932 active restaurant listings along with a presence in 24 countries and in more than 10,000 cities outside India. Deepinder Goyal is the founder and chief executive officer (CEO) of Zomato. On July 23, 2021, Zomato went public, opening its Initial public offering (IPO) at a price band of Rs 72-76 per share. It made a stellar debut on Dalal Street as the stock opened at Rs 116 on the NSE, a 52.63 percent premium to its final offer price of Rs 76. The listing price on the Bombay Stock Exchange was at Rs 115, up 51.32 percent. More

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  • Eternal, Swiggy shares fall up to 3% as IPO-bound Flipkart likely to foray into food delivery

    Eternal, Swiggy shares fall up to 3% as IPO-bound Flipkart likely to foray into food delivery

    Flipkart is evaluating a foray into India’s online food delivery segment, with a pilot likely in Bengaluru around May–June and a broader launch possible by late 2026 or early 2027, said a report

  • 'WhatsApp me': Eternal's Deepinder Goyal tells ex-employees after getting over 8,000 rehire emails

    'WhatsApp me': Eternal's Deepinder Goyal tells ex-employees after getting over 8,000 rehire emails

    The Eternal founder's appeal follows an overwhelming response to his open call earlier this month, inviting former employees to return to the company's ecosystem, formerly Zomato. On February 3, Deepinder Goyal had shared a post addressed to his former employees, stating, 'I want you back'.

  • Delivery tech stocks surge: Eternal shares rise 6% to 12-week high, Swiggy up 5%; here’s why

    Delivery tech stocks surge: Eternal shares rise 6% to 12-week high, Swiggy up 5%; here’s why

    Eternal and Swiggy shares also saw several block deals being executed on the markets today.

  • Deepinder Goyal formally resigns as MD, CEO and director of Eternal; Albinder Dhindsa takes charge

    Deepinder Goyal formally resigns as MD, CEO and director of Eternal; Albinder Dhindsa takes charge

    After announcing the move on January 21, Goyal has now submitted his formal resignation, even as he is set to remain on Eternal’s board as vice chairman, subject to shareholder approval.

  • 'I want you back': Deepinder Goyal’s open call to former employees

    'I want you back': Deepinder Goyal’s open call to former employees

    'If you used to work at Zomato, whether you chose to move on, or I was the one who asked you to leave, this is for you,'Deepinder Goyal wrote in a public message addressed to alumni of the food delivery and quick-commerce company.

  • Budget 2026: Food delivery ecosystem pushes for tax relief as costs pressure mounts on restaurants

    Budget 2026: Food delivery ecosystem pushes for tax relief as costs pressure mounts on restaurants

    With delivery growth increasingly constrained by pricing sensitivity and thin margins, restaurant partners and platforms are pushing for GST clarity, lower compliance costs and policy stability to sustain online demand

  • Pune student demands OTP-based delivery after Zomato order goes missing. Netizens support idea

    Pune student demands OTP-based delivery after Zomato order goes missing. Netizens support idea

    Zomato eventually refunded the amount, but not without adding a warning that 'this is the first and last time,' which the student called 'unfair' -- especially since she had no role in the mishap.

  • Zomato Q3 PAT may dip 43.6% YoY to Rs. 99.3 cr: ICICI Securities

    Zomato Q3 PAT may dip 43.6% YoY to Rs. 99.3 cr: ICICI Securities

    Net Sales are expected to increase by 208.1 percent Y-o-Y (up 26.7 percent Q-o-Q) to Rs. 17,700.6 crore, according to ICICI Securities.

  • Eternal shares tumble 9% from day's high with management transition in focus, brokerages' concerns over competition

    Eternal shares tumble 9% from day's high with management transition in focus, brokerages' concerns over competition

    Motilal sees the risk of Eternal being drawn into a 'dogfight', with lower minimum order values and higher discounts amid intensifying competition.

  • Eternal shares jump over 6% today, extend gains as brokerages turn bullish after robust Q3 results

    Eternal shares jump over 6% today, extend gains as brokerages turn bullish after robust Q3 results

    Eternal stock jumped over 6 percent in early trade on Thursday, building on Wednesday’s nearly 5 percent gain. Buying momentum is driven by upbeat brokerage commentary following the Q3 FY26 earnings announcement.

  • Eternal stock outlook: Brokerages bullish on Zomato after strong Q3 results as Blinkit turns EBITDA-positive

    Eternal stock outlook: Brokerages bullish on Zomato after strong Q3 results as Blinkit turns EBITDA-positive

    Brokerages shared bullish views on Eternal (Zomato's) Q3 FY26 results, on the back of a strong quick commerce showing and improving profitability metrics. Analysts' optimistic targets reflect growing confidence in execution, particularly at Blinkit.

  • 'Temple' behind Deepinder Goyal’s resignation as Eternal CEO? Netizens wonder

    'Temple' behind Deepinder Goyal’s resignation as Eternal CEO? Netizens wonder

    Despite online conjecture, Deepinder Goyal has positioned the transition as a shift of operational control rather than an exit. He added that Eternal 'remains my life’s work' and that his financial future remains closely tied to the company, even as he steps away from day‑to‑day execution.

  • Twice at the brink, now at the top: Albinder Dhindsa’s astronomical rise at Eternal

    Twice at the brink, now at the top: Albinder Dhindsa’s astronomical rise at Eternal

    Bound by a two-decade friendship and deep personal ties to Zomato — including Dhindsa’s wife Akriti Chopra being among its early co-founders — Deepinder Goyal's trust in Albinder Dhindsa has endured doubt, tension and testing to culminate in the group’s biggest leadership bet yet.

  • Bengaluru job offers Rs 25 lakh pay, 600 Zomato credits, ESOP: 'New hires get market rates'

    Bengaluru job offers Rs 25 lakh pay, 600 Zomato credits, ESOP: 'New hires get market rates'

    On social media, users highlighted the changing trends in the tech industry and how it's forming a divide between new hires on such exorbitant salaries and older employees who only get an annual hike.

  • Zomato CEO Deepinder Goyal breaks silence on ‘Temple’ device, confirms it’s not for sale yet

    Zomato CEO Deepinder Goyal breaks silence on ‘Temple’ device, confirms it’s not for sale yet

    Zomato CEO Deepinder Goyal’s mystery device ‘Temple’ went viral after a podcast appearance. Goyal clarified it’s still a prototype, not for sale, and scientific data hasn’t been released yet.

  • Liver Doc locks horns with Deepinder Goyal over gravitational ageing: 'Show evidence'

    Liver Doc locks horns with Deepinder Goyal over gravitational ageing: 'Show evidence'

    “I had sent him a message purely from the respect for whatever he does... But he said he doesn’t have time and then proceeded to share six lengthy posts. That’s when I figured he only has the time for bullsh**,' Zomato and Eternal CEO Deepinder Goyal said of Kerala-based liver specialist and influencer, The Liver Doc.

  • Deepinder Goyal: Waited 5 years to pull off the Zomato 'Rs 20 lakh chief of staff' bluff

    Deepinder Goyal: Waited 5 years to pull off the Zomato 'Rs 20 lakh chief of staff' bluff

    The Zomato CEO also refuted allegations that the chief of staff announcement was a publicity stunt. 'It was not a PR stunt,' Deepinder Goyal said. 'I genuinely wanted those applications.'

  • People are using AI to add insects, flies and even smash cakes to claim refund from Zomato, CEO Deepinder Goyal reveals

    People are using AI to add insects, flies and even smash cakes to claim refund from Zomato, CEO Deepinder Goyal reveals

    Zomato CEO reveals customers are using AI to add fake insects and cake damage in photos to claim refunds. Zomato checks complaints closely and rejects fraud claims.

  • How much do delivery partners actually earn? A look inside the pay model for gig workers on Zomato, Swiggy

    How much do delivery partners actually earn? A look inside the pay model for gig workers on Zomato, Swiggy

    Data show that while most delivery partners log in only intermittently, those working 8–10 hours a day, 26 days a month gross about Rs 26,500–27,700, translating to roughly Rs 21,000 in net earnings after costs

  • Eternal CEO Deepinder Goyal denies gig worker exploitation, says delivery partners get social security, fair pay

    Eternal CEO Deepinder Goyal denies gig worker exploitation, says delivery partners get social security, fair pay

    Goyal said India’s food delivery and quick commerce platforms were enabling economic mobility at a time when formal job creation remains constrained

  • Zomato CEO Deepinder Goyal spotted with mystery device on his temple, internet calls it ‘brain gadget’

    Zomato CEO Deepinder Goyal spotted with mystery device on his temple, internet calls it ‘brain gadget’

    Zomato CEO Deepinder Goyal was spotted wearing a mystery brain-tracking gadget on Raj Shamani’s podcast. The device, called Temple, is experimental, self-tested for a year, and debated by experts online.

  • After delivery worker strikes, Eternal CEO Deepinder Goyal defends gig pay model with earnings, safety data

    After delivery worker strikes, Eternal CEO Deepinder Goyal defends gig pay model with earnings, safety data

    The defence follows nationwide delivery worker strikes in late December that triggered renewed scrutiny of platform pay, safety and working conditions, even as food delivery and quick commerce firms reported largely business-as-usual operations during the New Year rush.

  • Strike has no impact: Zomato, Swiggy, Zepto others pay over Rs 100 crore to gig workers amid record high NYE order volumes

    Strike has no impact: Zomato, Swiggy, Zepto others pay over Rs 100 crore to gig workers amid record high NYE order volumes

    While food delivery companies paid out Rs 60-70 crore to gig workers on NYE, quick commerce firms paid a total of Rs 50-60 crore, a jump of at least 30 percent over a regular day, three top executives at different companies told Moneycontrol

  • Zomato, Blinkit saw record deliveries on New Year’s Eve despite strike calls: Eternal CEO Deepinder Goyal

    Zomato, Blinkit saw record deliveries on New Year’s Eve despite strike calls: Eternal CEO Deepinder Goyal

    The record performance comes as rival Swiggy also reported a record surge in New Year’s Eve sales, despite gig worker unions claiming widespread participation by delivery workers in strike calls on December 31.

  • Power of conviction: Info Edge's Rs 86 crore investment in Eternal is now worth Rs 32,000 crore

    Power of conviction: Info Edge's Rs 86 crore investment in Eternal is now worth Rs 32,000 crore

    Eternal share price: The stock rallied a whopping 808% in around three years to hit an all-time high of Rs 368.45 apiece in October this year.

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