New Delhi, January 21 – In a surprising leadership shake-up, Deepinder Goyal, the CEO of Eternal Group – the powerhouse behind food delivery giant Zomato and quick commerce leader Blinkit – has announced his resignation. Taking the reins will be Albinder Dhindsa, currently at the helm of Blinkit.
The company confirmed in a filing that Goyal’s departure will take effect from February 1, 2026. In a candid letter to shareholders, Goyal revealed his growing fascination with high-risk, experimental ventures that demand exploration beyond the confines of a public company like Eternal.
“I’ve been drawn to ideas involving significant risk, experimentation, and discovery,” Goyal wrote. “Pursuing these outside Eternal makes more sense, as the company must stay disciplined and focused on its core business strategy. Were these ideas within Eternal’s strategic scope, I’d pursue them internally.”
He acknowledged the personal bandwidth to juggle both roles but emphasized the legal and stakeholder expectations for a public company CEO in India to channel undivided attention to one mission. This move comes amid recent regulatory scrutiny over quick commerce practices.
Just weeks ago, controversy erupted over 10-minute delivery promises. Labour Minister Mansukh Mandaviya intervened decisively, urging platforms like Blinkit, Zepto, Swiggy, and Zomato to scrap rigid timelines that endangered delivery workers’ safety.
During a key meeting in Delhi, Mandaviya stressed prioritizing rider welfare, directing companies to remove strict deadlines from apps and marketing materials. The platforms complied swiftly, marking a pivotal shift in the hyper-competitive quick commerce landscape.
Goyal’s exit signals a new chapter for Eternal Group, with Dhindsa’s proven track record at Blinkit poised to steer the company through evolving market dynamics and regulatory headwinds. Investors will watch closely as Eternal balances innovation with compliance in India’s booming on-demand economy.