Corporate VC · Gurugram
Eternal
Listed parent of Zomato and Blinkit that also makes startup investments
7Indian companies
1Exits
9StopDown stories
About Eternal
Eternal Limited, renamed from Zomato in February 2025, runs Zomato, Blinkit, Hyperpure and District. Beyond funding its own units, it has made minority investments in other Indian startups, such as Shiprocket, Magicpin and Cult.fit in 2021.
Investment thesis
- Fund its own quick-commerce arm Blinkit through repeated capital infusions
- Take minority stakes in adjacent consumer and logistics startups
Sectors
Best bets in India
Indian portfolio
Showing 7
- BL
BlinkitCommerceAcquiredAcquired from Grofers; Rs 450 crore rights issue in March 2026
- CF
Cult.fitHealth · in at Series D+ · 2021 - CUCureFitProfessional & Local Services · 2026
- MAMagicpinCommerce · 2021
- MY
MygateProfessional & Local Services · 2026 - SH
ShiprocketLogistics · 2021$75M in a roughly $185M round - SW
SwiggyCommerce & Consumer Brands · 2022
India-based companies only. Linked names have a StopDown page; the rest link up on their own as soon as we cover them.
Eternal in the news
- MYMygate · Acquisition · 21 October 2026Mygate to merge with AdonmoMygate is a Bengaluru platform that manages residential societies and earns from in-app advertising
- SHShiprocket · IPO · 12 September 2026 · ₹1,617.49 croreShiprocket lists on NSE after raising ₹1,617.49 crore through IPOShiprocket is India's largest e-commerce enablement platform by revenue, offering shipping, fulfillment, and commerce solutions to MSMEs and D2C brands
- SHShiprocket · Results · 8 September 2026Shiprocket narrows loss, revenue jumps 34% in Q1Shiprocket is an all-in-one ecommerce platform offering shipping, marketing, and financial services to Indian merchants
- SHShiprocket · IPO · 24 August 2026 · ₹97 per shareShiprocket listed on stock exchanges at 35% premium over IPO priceShiprocket is an ecommerce enablement platform offering logistics, checkout, payments, and cross-border commerce services to MSMEs and large retailers
- CUCureFit · IPO · 7 April 2026 · ₹2,500 croreCurefit appoints four independent directors ahead of IPOCurefit runs Cult.fit gyms, group workouts, sports facilities and fitness products across 40+ cities
- CFCult.fit · IPO · 7 April 2026 · Rs 2,500 croreCult.fit appoints board members ahead of Rs 2500 crore IPOCult.fit offers hybrid fitness through a digital app and physical centers across India
- CFCult.fit · Funding · 24 March 2026 · ₹440 croreCult.fit raises Rs 440 crore from TemasekCult.fit raised Rs 440 crore from Temasek affiliate MacRitchie Investments
- CUCureFit · Results · 13 March 2026CureFit posts FY25 results with narrowing lossCureFit is a fitness and wellness company offering services and apparel
- SW
Sources: en.wikipedia.org · techcrunch.com · storyboard18.com · news.ventureintelligence.com · checked 2026-10-18