Founder · Eternal

Pankaj Chaddah

Co-founder of Eternal, a food delivery company based in Gurugram.

Co-founderGurugramFood Delivery
Founded
2010
Gurugram, Haryana, India
Latest round
IPO
₹9375 crore · Jul 2021

About

Pankaj Chaddah is Co-founder of Eternal, a food delivery company based in Gurugram, founded in 2010. Eternal's most recent disclosed round was a funding round of ₹9375 crore in Jul 2021.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2010
Eternal
Food Delivery · Gurugram · IPO

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.

Funding
Jul 2021IPO₹9375 crorePublic issue, NSE and BSE
Feb 2021Series J (final tranche)$250MKora Management, Fidelity (FMR), Tiger Global, Bow Wave Capital, Dragoneer Investment Group
Dec 2020Series J$660MTiger Global, Kora Management, Luxor Capital, Fidelity (FMR), D1 Capital Partners, Baillie Gifford, Mirae Asset, Steadview Capital
Sep 2020Series J (tranche)$160MTiger Global, Temasek (MacRitchie Investments)
Company profile →9 rounds on record

Journey with Eternal

4 milestones
  1. Jun 2022Milestone

    Acquires quick commerce platform Blinkit, formerly Grofers, in an all-stock deal worth about $568 million.

  2. Jul 2025Milestone

    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.

  3. Jan 2026Milestone

    Blinkit posts its first-ever positive quarterly adjusted EBITDA (₹4 Cr) as it crosses 2,000 stores.

  4. Feb 2026Milestone

    Deepinder Goyal steps down as Group CEO; Blinkit founder Albinder Dhindsa takes over.

Also building Eternal

ADAlbinder DhindsaGroup CEO · Founder, Blinkit→DGDeepinder GoyalFounder · Former Group CEO→

Coverage

1 story
Funding · 4 Aug 2026 · 5 min read
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