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Eternal

Food Delivery (Quick Commerce)Gurugram, Haryana, India

Eternal Limited, formerly Zomato Limited, is an Indian consumer internet company listed on the NSE and BSE. It operates food delivery platform Zomato, quick commerce business Blinkit, business-to-business supplies vertical Hyperpure, and events and ticketing platform District. The company was renamed from Zomato Limited in 2025 after Blinkit became its largest revenue contributor.

5StartupFox stories
2010Founded
Food Delivery(Quick Commerce)Sector
Sept 2026Latest coverage

Funding

Eternal has raised $10.97B across 9 disclosed rounds, most recently a IPO in Jul 2021.

$10.97BRaised
IPOLatest round · Jul 2021
$8.5BValuation
9Events
IPOJul 2021reported
$9.38B
InvestorsPublic issue, NSE and BSE
Valuation$8.5B
Tap any bar to see that round
Jul 2021IPO$9.38BPublic issue, NSE and BSE $8.5B
Feb 2021Series J (final tranche)$250MKora Management, Fidelity (FMR), Tiger Global, Bow Wave Capital, Dragoneer Investment Group $5.4B
Dec 2020Series J$660MTiger Global, Kora Management, Luxor Capital, Fidelity (FMR), D1 Capital Partners, Baillie Gifford, Mirae Asset, Steadview Capital $3.9B
Sep 2020Series J (tranche)$160MTiger Global, Temasek (MacRitchie Investments) $3.3B
Oct 2018Series H extension$210MAnt Financial
Feb 2018Series H$200MAnt Financial $2B
2015Series F$50MInfo Edge, Vy Capital, Sequoia Capital India
Nov 2013Series D$60MSequoia Capital India, Info Edge
Aug 2010Seed$1MInfo Edge

Valuation journey

Price marks from disclosed rounds — Eternal has been a unicorn since Feb 2018, last reported at $8.5B (unconfirmed).

$2.3B$4.7B$7B$9.4B $2B$3.3B$3.9B$5.4B$8.5B FEB 2018SEP 2020DEC 2020FEB 2021JUL 2021
◉ Disclosed at round◌ Reported, unconfirmed
IPO · $9.38BJul 2021reported
$8.5B
Step-up1.6× vs Feb 2021
Tap any mark to see that valuation

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadPublic issue1 round · 2021
Tiger Global3 rounds · since 2020
Info Edge3 rounds · since 2010
Fidelity (FMR)2 rounds · since 2020
Kora Management2 rounds · since 2020
Ant Financial2 rounds · since 2018
Sequoia Capital India2 rounds · since 2013
Bow Wave Capital1 round · 2021
Dragoneer Investment Group1 round · 2021
NSE and BSE1 round · 2021
Baillie Gifford1 round · 2020
D1 Capital Partners1 round · 2020
Luxor Capital1 round · 2020
Mirae Asset1 round · 2020
Steadview Capital1 round · 2020
Temasek (MacRitchie Investments)1 round · 2020
Vy Capital1 round · 2015
Aggregated automatically from the disclosed rounds above.

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY26Revenuefiled
₹54,364 Cr
PAT₹366 Cr profit
EBITDA
Growth+169% YoY
Basisconsolidated
Revenue inflated by Blinkit's shift to an inventory-led model (like-for-like growth ~64%). Blinkit turned EBITDA-positive; $10B+ annual NOV across 100M+ users; cash ₹17,972 Cr
Tap any bar to see that year
₹ figures as filed, not restated

Leadership

ADAlbinder DhindsaGroup CEO · Founder, BlinkitDGDeepinder GoyalFounder · Former Group CEOPCPankaj ChaddahCo-founder

The Eternal journey

2010 · founded
Founded in Gurugram by Albinder Dhindsa, Deepinder Goyal, Pankaj Chaddah.
Aug 2010 · funding
Seed — $1M, led by Info Edge.
Nov 2013 · funding
Series D — $60M, led by Sequoia Capital India.
2015 · funding
Series F — $50M, led by Info Edge.
Feb 2018 · funding
Series H — $200M at $2B, led by Ant Financial.
Oct 2018 · funding
Series H extension — $210M, led by Ant Financial.
Sep 2020 · funding
Series J (tranche) — $160M at $3.3B, led by Tiger Global.
Dec 2020 · funding
Series J — $660M at $3.9B, led by Tiger Global.
Feb 2021 · funding
Series J (final tranche) — $250M at $5.4B, led by Kora Management.
Jul 2021 · funding
IPO — $9.38B at $8.5B, led by Public issue.
Jun 2022 · acquisition
Acquires quick commerce platform Blinkit, formerly Grofers, in an all-stock deal worth about $568 million. ↗
Jul 2025 · milestone
Blinkit's net order value overtakes Zomato food delivery for the first time in Q1 FY26, making quick commerce the group's largest consumer business. ↗
Jan 2026 · milestone
Blinkit posts its first-ever positive quarterly adjusted EBITDA (₹4 Cr) as it crosses 2,000 stores. ↗
Feb 2026 · milestone
Deepinder Goyal steps down as Group CEO; Blinkit founder Albinder Dhindsa takes over. ↗
IPO Watchconfirmed
StatusListed on NSE & BSE (as Zomato since Jul 2021; renamed Eternal)
Source ↗

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Latest on Eternal

E-commerce
Maharashtra FDA Suspends Blinkit's Akola Licence After Re-Inspection Found Faults Unfixed
2 SEPT 2026 · 5 MIN READ
E-commerce
Zomato Shuts Its Hyderabad Support Centre And Cuts 250 Jobs As Vendors And AI Absorb The Work
31 AUG 2026 · 5 MIN READ
Markets & IPO
Eternal Reports ₹92 Crore Q1 Profit as Blinkit Lifts Revenue 182% to ₹20,211 Crore
23 JUL 2026 · 5 MIN READ
Lite Updates
Eternal Reports ₹174 Crore Q4 Profit as Revenue Surges 196% Driven by Blinkit
28 APR 2026 · 2 MIN READ
Lite Updates
The Hidden Cost of Convenience: Why a ₹80 Restaurant Order Costs ₹250 on Zomato and Swiggy
25 MAR 2026 · 2 MIN READ

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Frequently Asked

What is Eternal?

Eternal Limited, formerly Zomato Limited, is an Indian consumer internet company listed on the NSE and BSE. It operates food delivery platform Zomato, quick commerce business Blinkit, business-to-business supplies vertical Hyperpure, and events and ticketing platform District. The company was renamed from Zomato Limited in 2025 after Blinkit became its largest revenue contributor.

Who founded Eternal?

Eternal is associated with Albinder Dhindsa, Deepinder Goyal, Pankaj Chaddah.

How much funding has Eternal raised?

Eternal has raised $10.97B across 9 disclosed rounds. The most recent was a $9.38B IPO in Jul 2021.

Who are Eternal's investors?

Disclosed investors in Eternal include Public issue, NSE and BSE, Kora Management, Fidelity (FMR), Tiger Global, Bow Wave Capital, Dragoneer Investment Group, Luxor Capital, D1 Capital Partners, Baillie Gifford, Mirae Asset, Steadview Capital.

What is Eternal's valuation?

Eternal was last reported at $8.5B, at the time of its IPO in Jul 2021.

Is Eternal profitable?

Per its FY26 consolidated filing, Eternal reported ₹54,364 Cr in revenue, with a ₹366 Cr profit.

What is the status of the Eternal IPO?

Listed on NSE & BSE (as Zomato since Jul 2021; renamed Eternal).

What is the latest news on Eternal?

The most recent StartupFox coverage is “Maharashtra FDA Suspends Blinkit's Akola Licence After Re-Inspection Found Faults Unfixed” (2 September 2026). All stories are listed on this page.