Eternal Limited, the parent organization of Zomato and Blinkit, has embarked on a significant new chapter in its corporate evolution. Deepinder Goyal, the founder, revealed in January 2026 that he would resign as Group CEO, effective February 1, 2026, and named Albinder Singh Dhindsa, the leader of Blinkit, as his successor. This goes beyond a typical leadership change—it signifies Eternal’s strategic move from founder-led innovation to an emphasis on growth driven by execution.
With Goyal appointed as vice chairman and Dhindsa leading operations, Eternal is indicating that the next ten years of growth will depend on disciplined execution, profitability, and the swift expansion of quick commerce as a central growth driver.
Why Deepinder Goyal Resigned as CEO
Deepinder Goyal’s choice to step away from daily management signifies the conclusion of an 18-year founder-led operational period. He initiated Zomato in 2008 as a restaurant discovery platform and has since built it into a publicly listed consumer-tech conglomerate under the Eternal brand, serving as the company’s central strategic force.
As Eternal evolves into a multi-vertical platform that includes food delivery, quick commerce, and related consumer services, the leadership requirements have changed. Goyal has clarified that his decision is not an exit but a shift in focus. Serving as Vice Chairman, he will dedicate his efforts to long-term innovation, capital allocation, and experimental ventures through his personal research initiatives, which feature the “Continue” fund and the ambitious “Temple” project that focuses on human performance and longevity.
This division of vision and execution reflects a global trend where founders tend to step back when scale and operational excellence turn into the primary competitive advantages.
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Who Is Albinder Singh Dhindsa? The New CEO of Eternal
Albinder Singh Dhindsa, the mastermind behind Blinkit’s revival and swift expansion, is now taking on the position of Group CEO at Eternal Limited. At around 34 years old, Dhindsa embodies a new wave of Indian tech leadership—focused on operations, driven by data, and obsessed with execution.
Education and Early Career
- Mechanical Engineering, IIT Delhi
- MBA, Columbia Business School
He began his career in logistics and supply-chain consulting in the United States (URS Corporation, Cambridge Systematics).
Entrepreneurial Journey
In 2013, Dhindsa created Grofers, a startup for hyperlocal grocery delivery. After overcoming some early challenges, he led a significant shift to instant delivery, renaming the company Blinkit in 2021.
In 2022, Zomato secured Blinkit, although Dhindsa continued to oversee operations and reorganized the business model.
With his leadership, Blinkit transitioned from a cash-draining experiment to a scalable quick-commerce platform that is almost at break-even. Recent quarters have shown triple-digit growth in net order value, making Blinkit Eternal the fastest-growing vertical.
Albinder Singh Dhindsa Net Worth: India’s Youngest Tech Billionaire?
The ascent of Albinder Dhindsa has resulted in considerable personal wealth. Various financial reports suggest his net worth is approximately $1.1 billion, or around ₹9,000–9,500 crore. This estimate mainly reflects his equity in Blinkit/Eternal and the company’s improved financial results following the acquisition.
Though exact figures are not publicly available, Dhindsa is often recognized as one of the youngest tech billionaires in India, highlighting the financial advantages of Blinkit’s successful turnaround and Eternal’s market confidence in quick commerce.
What This Means for Zomato, Blinkit, and Investors
This leadership change clearly indicates that quick commerce is no longer just a gamble—it is vital to Eternal’s future. Industry experts interpret Dhindsa’s appointment as a sign that 10–15 minute delivery models are anticipated to propel the next stage of consumer internet expansion in India.
The timing corresponds with Eternal’s notable financial progress. During Q3 of FY26, the company revealed a substantial boost in revenue and profitability, creating a robust base for leadership restructuring. With the food delivery market maturing and margins stabilizing, Blinkit’s growth trajectory provides a more favorable outlook for investors.
By differentiating visionary exploration (Goyal) from operational execution (Dhindsa), Eternal is embracing a framework typically observed in prominent global tech enterprises.
Why This Leadership Change Matters Strategically
The leadership reshuffle at Eternal Limited reflects the wider development of India’s first-generation unicorns. As startups evolve into diversified, publicly accountable entities, the decision-making process transitions from being founder-centric to focusing on professional execution, governance, and capital efficiency.
Deepinder Goyal’s resignation as Group CEO and Albinder Dhindsa’s promotion do not indicate instability.
Instead, they signify Eternal’s evolution into its operational peak—a stage where reliable execution is favored over ambitious risk-taking. The founder has stepped back from a position of authority, allowing a competent operator to lead and build on the existing foundation.
At its core, this transition underscores a deeper truth:
Eternal is now beyond merely being a food-delivery service.
Eternal’s Business Structure: From App to Platform Group
Eternal is inspired by Alphabet and now acts as a holding company that supervises various sectors with different economic profiles:
- Zomato: Food delivery—a mature, revenue-generating business
- Blinkit: Quick commerce—the key growth driver
- Hyperpure: B2B restaurant supply chain—margin stabilizer
- District: Dining and experiences—a long-term lifestyle strategy
As Group CEO, Albinder Dhindsa’s task is not to reinvent these businesses but to manage them:
- Allocate capital carefully.
- Integrate supply chains across sectors.
- Maximize logistics efficiency and operational leverage.
This is an execution-focused role, not a vision-focused one—and that distinction is significant.
Blinkit: The Strategic Centre of Gravity
Blinkit has become Eternal’s most valuable asset and the best sign of the group’s future direction.
- 40–45% market share in India’s quick-commerce sector
- 450+ dark stores in 27 cities
- Fast growth into profitable areas like electronics and beauty
- Increasing average order value and delivery density
Under Dhindsa, Blinkit demonstrated that quick commerce can shift from losing money to being financially responsible. His promotion indicates that this Blinkit-style execution discipline—focused on tight unit economics, data-driven inventory, and efficient logistics—will now be implemented throughout Eternal’s ecosystem.
A probable result is a closer integration of food and grocery logistics, enhancing fleet utilization, reducing last-mile expenses, and boosting margins across the group.
FAQs About Albinder Singh Dhindsa, New CEO of Eternal
Who is Albinder Singh Dhindsa?
Albinder Singh Dhindsa has been appointed as the new Group CEO of Eternal Limited, which is the parent company of Zomato and Blinkit. He co-founded Blinkit and previously served as its CEO, earning recognition for establishing India’s leading quick-commerce model.
Why did Deepinder Goyal resign as CEO of Eternal?
Deepinder Goyal has resigned to support the transition of Eternal from a founder-led organization to a professionally managed, execution-focused company. He will remain as non-executive vice chairman, directing his attention to long-term strategy and governance instead of daily operational matters.
Why was Albinder Dhindsa chosen as Eternal’s new CEO?
Dhindsa was picked for his proven success at Blinkit, where he effectively scaled operations, boosted unit economics, and guided the business to profitability. His appointment indicates that Eternal focuses on logistics efficiency and measured growth.
What is Albinder Dhindsa’s net worth in 2026?
Albinder Dhindsa’s net worth is estimated to be approximately $1.1 billion (₹9,000–9,500 crore), which comes mainly from his ownership in Eternal Limited after its acquisition by Blinkit and the value that was added.
How will Albinder Dhindsa’s leadership change Eternal’s strategy?
Eternal will focus on quick commerce as its primary growth driver, combine food and grocery logistics, and emphasize capital efficiency with reliable profits—indicating a transition from a startup approach to a large-scale consumer internet business.
From Vision to Execution: Eternal’s Next Chapter
The leadership change at Eternal Limited represents a pivotal point in the development of consumer internet companies in India. Deepinder Goyal’s move to step back from everyday management while staying involved strategically indicates institutional maturity rather than upheaval. With Albinder Dhindsa taking the helm, Eternal is clearly evolving from a vision-led startup to a logistics-oriented, execution-driven platform business. Should Dhindsa manage to spread Blinkit’s operational discipline across the company, Eternal is well-equipped to ensure sustainable growth, enhanced profitability, and enduring relevance in a highly competitive digital landscape.
