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What smart money is saying about Eternal Limited (Zomato)India flag

ETERNAL.BO · Consumer Cyclical · Internet Retail · Market cap $32.42B

1 fund in our archive has pitched Eternal Limited (Zomato) — most recently Matthews Asia Innovators Fund in September 2026.

Company profile

Eternal Limited, together with its subsidiaries, provides e-commerce platform services to restaurant partners, quick commerce merchants, delivery partners, theatres, sports facilities, event organizers, and users in India and internationally. The company operates through India Food Ordering and Delivery, Hyperpure Supplies (B2B Business), Quick Commerce, and Going Out segments. It offers a B2C technology platform under the Zomato brand that facilitates listing and online ordering of food items by connecting end users, restaurant partners, and independent delivery partners, as well as food rescue, food on train, and food expense management solutions; and B2B supplies solutions under the Hyperpure brand that supplies value added food ingredients and other products to restaurants, as well as 4PL warehousing and supply chain services. The company also provides quick commerce services under the Blinkit brand that provides on-demand delivery of products across various categories, such as daily essentials, electronics, beauty and personal care, fresh, staples, books, fashion, toys and sports, general merchandise, festive needs, stationery, and emergency supplies; and entertainment services, including dining-out, movies, events, shopping, and live event ticketing through its District app. In addition, it offers payment aggregator and gateway, logistics, technology solutions, quick food service, trading, advertisement, and subscriptions services; and operates internet portals, as well as charitable and social welfare activities. The company was formerly known as Zomato Limited and changed its name to Eternal Limited in March 2025. Eternal Limited was founded in 2008 and is headquartered in Gurugram, India.

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Summarize with Warren AI
1
Reported positions
1
Bought
0
Sold
2
Letters

Position history

Every position in Eternal Limited (Zomato) on record in the archive was reported in Q3 2026, across 1 fund letter — 1 opened or added to the position.

Fund letters reporting a position in Eternal Limited (Zomato), by quarter
QuarterLettersBoughtSoldTheses
Q3 20261101

Fund activity · 1 position · 1 move

  • New positionMatthews Emerging Markets Equity Fund
    September 2026
    “During the quarter, the portfolio’s exposure to Industrials, Information Technology and Financials was reduced, while increasing Consumer Discretionary and Materials. The largest country-level change was a reduction in South Korea, particularly in technology, alongside increased exposure to China internet and consumer opportunities. We initiated positions in Sea Limited (Singapore) and Eternal Limited (India) to broaden the portfolio’s exposure to digital consumption.”
    Eternal Limited (Zomato)

Fund coverage · 1 thesis

  • Matthews Asia Innovators Fund
    September 2026

    Eternal Limited operates a leading Indian digital consumer platform spanning food delivery, quick commerce, going-out services, and restaurant supply.

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