ET 09:23

Zomato CEO Deepinder Goyal Steps Down, Hands Over to Blinkit Chief Albinder Dhindsa

Deepinder Goyal, co-founder and CEO of Zomato parent Eternal, is stepping down from his role effective January 21, 2026, handing leadership to Albinder Dhindsa, CEO of Blinkit. Goyal will remain as vice chairman on the board, shifting focus to high-risk experimentation outside the constraints of a public company. Eternal reported third-quarter adjusted revenue of ₹166.92 billion ($1.8 billion), up 190% year-on-year, with profit rising 73% to ₹1.02 billion ($11.13 million). Blinkit drove growth, with net order value surging 121% to ₹133 billion ($1.45 billion) in the quarter. The leadership change reflects growing strategic emphasis on quick commerce amid India’s rapidly expanding but scrutinized delivery sector. Goyal has been involved in ventures including Continue Research, a longevity initiative, and Temple, a brain-health wearable. He also co-founded LAT Aerospace and remains an active angel investor.

EditorTan Wei Jie