India’s Zomato Appoints Four CEOs, to Change Name to Eternal

Zomato Ltd., the Indian food-delivery company that went public last year, is appointing chief executive officers to lead its key business units and plans to rename itself Eternal Ltd. after winning approval to acquire another delivery startup.

Zomato, backed by Ant Group Co., Temasek Holdings Pte. and Goldman Sachs Group Inc., said in an internal memo that it will name CEOs to at least four units after the deal for grocery-delivery startup Blinkit. The target company also owns a business-to-business unit called Hyperpure, which delivers ingredients and kitchen supplies to restaurants.