Eternal Limited

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Eternal Limited - overview

Established

2010

Location

New Delhi, -, India

Primary Industry

Internet

About

Eternal Limited, based in Haryana, India, was founded in 2010 and operates as a leading food delivery and restaurant discovery platform. Its services include delivery, dine-in experiences, and subscription options, catering to diverse consumer needs. Eternal Limited, operating under the brand Zomato, provides a platform for food delivery and restaurant discovery. The company was founded by Akriti Chopra, Courtney K, and Deepinder Goyal.


It is headquartered in New Delhi, India. Zomato has undergone strategic pivots, evolving its services to include a subscription model and fresh ingredient supply through Hyperpure. The company has secured funding through multiple rounds, with its most recent funding round on 15 July 2022, raising a total of INR 85. 00 mn.


Zomato operates primarily as a food delivery platform, offering services such as restaurant discovery, food delivery, and dine-in experiences. Its core product, the mobile application, enables users to explore local restaurants, view menus, read reviews, and place orders. Additional services include Hyperpure, which supplies fresh ingredients to restaurants, and Zomato Gold, a subscription service with exclusive dining deals, serving a diverse customer base across India, the United States, Australia, and several countries in Europe and Southeast Asia. In the most recent year, Zomato reported a revenue of INR 2,394,677,574.


70 and an EBITDA of INR 108,359,663. The company generates revenue through transaction fees from food delivery, subscription services, and partnerships with restaurants, collecting commissions on orders placed through its app, alongside its subscription offerings that provide users with discounts and deals. Looking ahead, Zomato plans to expand its services with new product launches and enhance its offerings in existing markets. The recent funding round of INR 85.


00 mn will support the development of new technologies and the expansion of its service areas. The company aims to penetrate new geographic regions by the end of 2025, focusing on markets in Southeast Asia and Europe, to further solidify its presence in the competitive food tech landscape.


Current Investors

Morgan Stanley Investment Management, Motilal Oswal Alternates, Abu Dhabi Investment House

Primary Industry

Internet

Sub Industries

Courier & Delivery Services, Food, Web Applications, Search Engines, Sales & Marketing Software, Analytics & Performance Software

Website

www.zomato.com

Verticals

Cloud Computing, E-commerce, Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

Eternal Limited - timeline of key events

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Eternal Limited - financials

Fiscal Year EndedMar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025
Revenue (USD)4,663,630,00013,125,860,00026,047,370,000-----
% Revenue Growth (YoY)-181.5%98.4%-----
EBITDA (USD)(715,880,000)(9,260,710,000)(23,147,650,000)-----
Operating Income (USD)(876,120,000)(9,516,640,000)(23,990,010,000)-----
Operating Margin(18.8%)(72.5%)(92.1%)-----
% EBITDA Margin(15.4%)(70.6%)(88.9%)-----
NET Income (USD)(1,063,120,000)(10,011,150,000)(23,856,010,000)-----
% Net Margin(22.8%)(76.3%)(91.6%)-----

Eternal Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve OutCompletedPaytm's entertainment ticketing division-
PIPE, Secondary BuyoutCompletedEternal Limited-
PIPE, Secondary BuyoutCompletedEternal Limited-
PIPE, Secondary BuyoutCompletedEternal Limited-

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Eternal Limited - employee data

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