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Eternal vs Swiggy: diverging strategies, converging goals - BusinessToday

Business Today

Business Today · 2m ago

Eternal vs Swiggy: diverging strategies, converging goals - BusinessToday

Eternal, Zomato’s parent company, is financially outperforming Swiggy, recording its fourth profitable quarter with a ₹537 crore net profit in FY25. Meanwhile, Swiggy posted a ₹3,117 crore loss, still reliant on its core food delivery business as Instamart grows. Both companies are focusing on quick commerce, with Swiggy launching 'Bolt' for 10-minute deliveries, seeking to outpace rivals like Zepto and BigBasket while targeting profitability amidst intense competition.

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UNDERSTANDING ORGANIC VS. INORGANIC GROWTH: A GUIDE FOR GROWING BUSINESSES

Internet

Internet · 1y ago

UNDERSTANDING ORGANIC VS. INORGANIC GROWTH: A GUIDE FOR GROWING BUSINESSES

This article discusses organic and inorganic growth strategies for businesses. Organic growth involves internal optimization, like improving processes and expanding product lines. Inorganic growth occurs through external factors like mergers and acquisitions. Each strategy has advantages and disadvantages. The ideal approach depends on a company's size, industry, and goals. A tailored growth strategy combining both methods is often most effective. The article also mentions how an employer of record can facilitate global expansion.

No obvious threat, says Eternal CEO Goyal on new entrants in food delivery space - The Economic Times

Economic Times

Economic Times · 17d ago

No obvious threat, says Eternal CEO Goyal on new entrants in food delivery space - The Economic Times

Eternal CEO Deepinder Goyal isn't concerned about new entrants like Rapido entering the food delivery space, as he believes there's no current innovation posing an "obvious threat." Rapido plans to launch its food delivery app, Ownly, in Bengaluru, charging lower commissions compared to competitors like Zomato and Swiggy. Eternal is expanding with a new subsidiary, Blinkit Foods, while Swiggy introduces the ‘99 store’ amidst rising competition and slow demand in the food delivery segment.

B2B vs. B2C Product Strategy: Similarities and Differences

Internet

Internet · 1y ago

B2B vs. B2C Product Strategy: Similarities and Differences

The article by Tim Herbig explores the similarities and differences between B2B and B2C product strategies. While fundamental patterns in shaping product strategies are similar, the implementation tools differ. Key points include considering B2B behaviors in B2C strategies, the importance of pattern recognition over templates, and the need for collaboration. Differences lie in audience inputs, risk levels, and expansion strategies.

Eternal denies reports of Rakesh Ranjan's departure as food delivery head

YourStory

YourStory · 3m ago

Eternal denies reports of Rakesh Ranjan's departure as food delivery head

Eternal, previously known as Zomato, refuted reports of CEO Rakesh Ranjan's departure amid rumors of internal reorganization. While media speculated that Co-founder Deepinder Goyal might become interim CEO, Eternal confirmed Ranjan hadn't resigned. Ranjan, with the company for over seven years, took on the CEO role for food delivery after leading Hyperpure. This news surfaces as the food delivery sector, dominated by Swiggy and Zomato, faces a slowdown in demand and customer acquisition challenges.

Shares of Eternal, Swiggy drop as Rapido undercuts food delivery commission

Economic Times

Economic Times · 1m ago

Shares of Eternal, Swiggy drop as Rapido undercuts food delivery commission

Shares of Eternal and Swiggy declined by up to 4% after reports that Rapido plans to launch a food delivery service with lower commissions than these major players. Rapido's flat commission of Rs 25 for orders below Rs 400 and Rs 50 for higher orders places its fees between 8-15%, compared to 16-30% for Zomato and Swiggy. This competitive pricing occurs as restaurants complain about steep charges from current platforms, pushing them to seek alternatives.

Zomato COO Rinshul Chandra Resigns to Pursue New Opportunities

OutlookIndia

OutlookIndia · 4m ago

Zomato COO Rinshul Chandra Resigns to Pursue New Opportunities

Zomato, recently rebranded as Eternal, announced the resignation of its Chief Operating Officer, Rinshul Chandra, effective April 7, 2025, as he decides to pursue new personal and professional goals. This change in leadership is part of a broader series of transitions within the company, following recent departures of other senior staff and significant layoffs in customer service due to the adoption of AI automation. Zomato has not yet appointed Chandra’s successor.

Swiggy allots shares worth Rs 30 Cr under ESOP scheme

YourStory

YourStory · 5m ago

Swiggy allots shares worth Rs 30 Cr under ESOP scheme

Swiggy announced the allotment of 8.64 lakh equity shares under the Swiggy ESOP Plan 2021, totaling over Rs 30 crore based on the stock's NSE closing price of Rs 355. This follows a recent allotment of 1.71 crore shares under its ESOP 2015 and ESOP 2021 programs. Including a previous allotment in January, Swiggy has issued 5 crore shares this year. This move aligns with similar strategies by companies like Nykaa and Paytm.

Eternal’s Food Delivery COO Rinshul Chandra resigns

Entrackr

Entrackr · 4m ago

Eternal’s Food Delivery COO Rinshul Chandra resigns

Eternal’s Food Delivery COO Rinshul Chandra resigns Eternal Limited (Zomato) has announced the resignation of Rinshul Chandra, Chief Operating Officer of its Food Ordering and Delivery business. Chandra, a key member of the company’s senior management, tendered his resignation on April 5 and will officially step down on April 7. According to the company’s filing with stock exchanges, Chandra is stepping down to pursue new opportunities and passions aligned with his evolving personal and professional goals. Chandra joined Zomato (now Eternal) in 2018 as Assistant Vice President of Product and steadily rose through the ranks, serving as Vice President, Head of Business, and eventually taking on the role of Chief Operating Officer for the food delivery segment. Eternal Limited has not yet announced a replacement for Chandra. The development comes shortly after mass layoffs at Zomato. According to media reports, the company let go of around 600 customer support associates within a year of hiring them. Over the past year, Zomato has seen several key departures. Hemal Jain, who served as Global Head of Finance and CFO of Hyperpure, stepped down. Akriti Chopra, the company’s co-founder and Chief People Officer, also left. In October last year, Gunjan Soni resigned from her position as an Independent Director. Zomato recently rebranded itself to Eternal, which will comprise four major businesses: Zomato, Blinkit, District, and Hyperpure.

'A dissatisfied culture': Deepinder Goyal reveals what may be fueling Blinkit’s quiet ascent

Economic Times

Economic Times · 17d ago

'A dissatisfied culture': Deepinder Goyal reveals what may be fueling Blinkit’s quiet ascent

Eternal CEO Deepinder Goyal highlights the 'dissatisfied' culture at Blinkit as a key factor in its growth. Blinkit's strategies focus on staying low-profile and continuously improving, with ambitions to expand from 1,544 to 2,000 stores by December 2025. The company reported increased revenue from operations and improved margins, although profits dipped significantly compared to the previous year. The shift towards a combined marketplace and inventory-led model aims to enhance quick commerce operations.

MFs accumulate capital goods, rate-cut beneficiaries in May

Economic Times

Economic Times · 1m ago

MFs accumulate capital goods, rate-cut beneficiaries in May

In May, equity mutual funds saw lower inflows as investors booked profits amidst a rising Nifty 50. Fund managers shifted focus to large-cap companies, capitalizing on lower prices in the capital goods sector like GE Vernova and BHEL, due to a promising power sector outlook. Additionally, the anticipation of increased consumer loan demand influenced selective buying in NBFCs and HFCs. Major funds also acquired stocks like Eternal and Swiggy after significant price corrections.

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