Zomato CEO Deepinder Goyal Resigns, Albinder Dhindsa Named New CEO

Zomato founder and CEO Deepinder Goyal has stepped down from his role following shareholder approval and a board-level reshuffle at Eternal, the parent company of Zomato and Blinkit. Albinder Dhindsa, co-founder and CEO of Blinkit, has been appointed as the new CEO, while Goyal will continue on the board as Vice Chairman.

Deepinder Goyal Steps Down as Zomato CEO

Deepinder Goyal has resigned as CEO of Zomato after shareholders approved changes to the board of Eternal, the holding company that owns both Zomato and Blinkit.

In his address to shareholders, Goyal explained that his interests have increasingly shifted toward high-risk, experimental ideas. He stated that pursuing such large-scale experimentation is more practical outside the framework of a publicly listed company, which led him to take this decision.

Despite stepping down as CEO, Deepinder Goyal will remain involved with the company as Vice Chairman of Eternal’s board.

Who Is Deepinder Goyal?

Deepinder Goyal is one of India’s most well-known startup founders and the co-founder and former CEO of Zomato.

Early Life and Education

• Native of Muktsar, Punjab

• Studied at IIT Delhi

• Worked as a consultant at Bain & Company before starting Zomato

Birth of Zomato

• Founded in 2008 with co-founder Pankaj Chaddah

• Initially launched as Foodiebay

• The idea started by uploading photos of restaurant menu cards from office cafeterias

Growth and Expansion

Under Goyal’s leadership, Zomato expanded beyond food delivery into:

• Dining-out services

• Quick commerce through Blinkit

Zomato became one of India’s first major tech startups to list on the stock market in 2021.

Albinder Dhindsa Appointed as New CEO

Albinder Dhindsa, co-founder and CEO of Blinkit (formerly Grofers), has been appointed as the new CEO of Eternal.

Background and Education

• Alumni of IIT Delhi

• Holds an MBA from Columbia Business School

• Previously worked at Bain & Company, alongside Deepinder Goyal

From Grofers to Blinkit

• Founded Grofers in 2013 with Saurabh Kumar

• Rebranded it as Blinkit in 2021

• Focused on the 10-minute delivery model, pioneering quick commerce in India

Merger With Zomato

• Zomato acquired Blinkit in 2022

• Since then, Dhindsa has led Blinkit, which has become one of the most successful and profitable units within Zomato’s ecosystem

Key Strengths

• Considered an expert in logistics and supply chain

• Successfully implemented the dark store model in India, enabling ultra-fast deliveries

A Long-Standing Professional Relationship

Deepinder Goyal and Albinder Dhindsa:

• Are both IIT Delhi alumni

• Have worked together earlier at Bain & Company

• Share a long professional association

Currently, Blinkit operates as a key part of the Zomato (Eternal) business, strengthening the leadership continuity.

Eternal Q3 FY26 Financial Results

Eternal reported strong financial performance in the December quarter (Q3 FY26):

• Consolidated net profit: ₹102 crore

  • Up 73% year-on-year from ₹59 crore last year

• Revenue from operations: ₹16,315 crore

The results reflect the company’s continued growth across food delivery and quick commerce segments.