Deepinder Goyal Steps Down as CEO of Eternal: Albinder Dhindsa Appointed as New Group CEO
In a significant leadership transition at Eternal Ltd (formerly Zomato), founder Deepinder Goyal has stepped down from his role as Group Chief Executive Officer (CEO). The move marks a strategic shift as Goyal chooses to focus on “high-risk exploration” beyond the constraints of a publicly listed company.
Stepping into the top leadership role is Albinder Dhindsa, founder and CEO of Blinkit, who has been appointed as the new Group CEO of Eternal. Goyal will continue to remain closely associated with the company as Vice Chairman, subject to shareholder approval.
This leadership reshuffle is being viewed as a forward-looking decision aimed at long-term innovation and operational excellence.
Eternal’s Leadership Transition Explained
The announcement was made following Eternal’s strong financial performance, underscoring that the decision is strategic rather than reactive. As Eternal continues to expand across food delivery, quick commerce, and B2B supply chains, the board believes the transition will help the company scale more efficiently.
Deepinder Goyal, who played a pivotal role in transforming Zomato into a global consumer-tech brand, stated that his entrepreneurial ambitions now lie in exploring high-risk, high-reward ideas that are difficult to pursue within a public company framework.
Why Deepinder Goyal Stepped Down as Group CEO
Deepinder Goyal cited the following key reasons behind his decision:
- Focus on innovation: Goyal wants to work on experimental and disruptive ideas that require flexibility and risk-taking.
- Public company constraints: Running a listed company demands predictability and stability, which limits aggressive experimentation.
- Leadership maturity: Eternal has reached a stage where professional, operations-focused leadership is essential for sustained growth.
Rather than exiting entirely, Goyal’s new role as Vice Chairman ensures continued strategic guidance while allowing him to pursue ventures outside day-to-day operations.
Albinder Dhindsa Takes Over as Group CEO
Albinder Dhindsa, founder of Blinkit, has been appointed as the Group CEO of Eternal, effective February 2026. Dhindsa brings deep operational experience and a strong execution track record, having successfully scaled Blinkit into one of India’s leading quick commerce platforms.
Why Albinder Dhindsa?
- Founder-led mindset with operational discipline
- Proven ability to scale high-frequency consumer businesses
- Strong understanding of Eternal’s ecosystem, culture, and long-term vision
Under his leadership, Blinkit emerged as a key growth engine for Eternal, making Dhindsa a natural choice to lead the group at a critical growth phase.
What This Means for Eternal (Formerly Zomato)
The leadership change is expected to bring greater operational focus and execution discipline, while still preserving the company’s founder-driven innovation culture.
Key implications:
- Operational stability: Continuity in leadership with an internal successor
- Growth acceleration: Sharper focus on profitability and scale across verticals
- Strategic clarity: Clear separation between innovation-led exploration and core business execution
Eternal’s businesses—including Zomato, Blinkit, Hyperpure, and other emerging verticals—will continue to operate seamlessly under the new structure.
Company Performance Context
The transition comes at a time when Eternal has reported strong quarterly financial results, including significant year-on-year profit growth and revenue expansion. This further reinforces that the leadership change is planned and confidence-driven, not a response to financial pressure.
Industry Perspective: A Founder’s Evolution
Deepinder Goyal’s move reflects a broader trend in the startup and tech ecosystem, where founders evolve from operational roles into strategic or visionary positions as companies mature.
Similar transitions have been observed globally, where founders step aside to:
- Enable professional leadership
- Pursue innovation independently
- Maintain long-term influence without daily operational responsibility
What Lies Ahead
With Albinder Dhindsa as Group CEO and Deepinder Goyal as Vice Chairman, Eternal is entering a new phase focused on execution, scale, and sustainable growth—while keeping room for bold innovation outside the public market structure.
This leadership realignment positions Eternal strongly in India’s competitive consumer-tech landscape and signals confidence in its long-term vision.
