In a significant move in India’s tech and consumer-internet landscape, Deepinder Goyal, co-founder and long-time CEO of Eternal Ltd. the parent company of Zomato and Blinkit has announced his resignation as Group Chief Executive Officer, effective February 1, 2026. The decision marks a new chapter for one of the country’s most high-profile startups as it transitions leadership at the top.
Goyal, who co-founded Zomato in 2008 and led it through rapid expansion and eventual public listing, shared the decision in a letter to shareholders, explaining that he wants to focus on new and higher-risk ideas that may not align with the structure and risk profile of a public company.
Stepping into the role of Group CEO will be Albinder Singh Dhindsa, currently CEO of Blinkit, the group’s quick-commerce arm. Dhindsa has been credited with guiding Blinkit from acquisition to profitability and is expected to bring a strong focus on execution and operational leadership across Eternal’s businesses.
While Goyal is relinquishing daily executive responsibilities, he is not leaving the company entirely. Subject to shareholder approval, he will remain on Eternal’s board as Vice Chairman, where he will continue to be involved in long-term strategy, culture, leadership development and governance.
The leadership change comes against the backdrop of strong financial performance for Eternal. In recent quarterly results, the company reported a notable rise in profits, underpinned by growth in its quick-commerce and delivery businesses, even as investors and analysts continue to watch profitability dynamics in a competitive market.
For Dhindsa, the new role positions him to guide Eternal through the next phase of growth, leveraging his operational experience and the decentralised structure of the group where businesses like food delivery, quick commerce and other verticals operate with independent leadership.
This leadership transition underscores a broader evolution in the company’s strategy: balancing founder-led vision with scalable operational execution as Eternal seeks to strengthen its footprint across India’s dynamic tech-enabled consumer sectors.
