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Deepinder Goyal, founder of Zomato, has stepped down as CEO and Managing director of its parent company, Eternal Ltd., effective February 1, 2026. Goyal stated his desire to pursue “considerably higher-risk exploration and experimentation” better suited to ventures outside a public company according to the Economic Times.
New Leadership at Eternal
Albinder Singh Dhindsa, currently the CEO of Blinkit, will assume the role of Group CEO of Eternal. The board has recommended Deepinder Goyal for the position of Vice Chairman and Director, subject to shareholder approval. Goyal will forfeit unvested Employee Stock Options (ESOPs), which will be added to a pool for future leaders, ensuring continued alignment with long-term shareholder value creation as reported by business Standard.
Zomato’s Evolution and Goyal’s Legacy
Goyal founded Zomato in 2008 as a restaurant listing site, which evolved into India’s leading food delivery application, marked by a
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