Bengaluru: India’s Eternal said on Wednesday that founder Deepinder Goyal will step down as chief executive officer and managing director to take on the role of vice chairman, while Blinkit CEO Albinder Singh Dhindsa will become the company’s new CEO.
The online delivery firm, which operates food delivery unit Zomato and quick commerce firm Blinkit, reported a sequential rise in third-quarter profit on surging demand for quick-delivery services.
Profit rose two-fold to 1.02 billion rupees ($11.12 million) for the quarter ended December 31, up from 650 million rupees in the previous quarter.
(Reporting by Chandini Monnappa and Komal Salecha in Bengaluru; Editing by Janane Venkatraman and Niveidta Bhattacharjee)
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