Deepinder Goyal Steps Down as Eternal's CEO, Albinder Dhindsa Named Successor

Eternal, formerly known as Zomato, announced a major leadership change on Wednesday with founder and Chief Executive Officer Deepinder Goyal stepping down from his role, effective February 1. The announcement was made alongside the company’s financial results for the quarter ended December 31, 2025.

Goyal has resigned as Director, Managing Director, and CEO, with the company’s Board recommending his appointment as Vice Chairman and Director for a five-year term, subject to shareholder approval. Succeeding him as Chief Executive Officer and Key Managerial Personnel will be Albinder Singh Dhindsa, the current CEO of Blinkit.

From February 1 onward, Dhindsa will assume responsibility for Eternal’s day-to-day operations, execution strategy, and key business decisions. Goyal said the transition reflects a deliberate shift in leadership focus, with operational authority moving fully to Dhindsa.

Explaining his decision in a post on X, Goyal said he has recently been drawn toward high-risk experimentation and exploratory ideas that are better pursued outside a publicly listed company. “Eternal deserves to remain focused and disciplined while exploring new areas of growth that are relevant to its current line of business,” he wrote, adding that the ideas he is interested in fall outside Eternal’s strategic scope.

Goyal co-founded Eternal in 2008 and has been central to its evolution from a restaurant discovery platform into a diversified consumer internet company. An alumnus of IIT Delhi, he holds an integrated master’s degree in technology, mathematics, and computing, and previously worked with Bain & Company.

Backing Dhindsa as his successor, Goyal highlighted Blinkit’s turnaround under his leadership. “Blinkit’s journey from acquisition to breakeven happened under his leadership. He built the team, the culture, the supply chain, and the operating rhythm,” Goyal said. “He has the DNA of a battle-hardened founder and is more than capable of leading Eternal as Group CEO.”

The leadership reshuffle marks a new phase for Eternal, as the company looks to maintain operational discipline while pursuing sustainable growth across its businesses under Dhindsa’s stewardship.