Did Zomato’s Food Delivery Boss Just Walk Out? The Internet Exploded—Then Eternal Spoke. The Indian startup world went into a frenzy after reports claimed that Rakesh Ranjan, the
The Indian startup world went into a frenzy after reports claimed that Rakesh Ranjan, the CEO of Eternal’s food delivery business (formerly Zomato), had suddenly quit.
Social media lit up. Headlines flew. People started guessing who would replace him. But just as quickly as the rumors spread, Eternal shut it all down.
In an official filing with the stock exchange, Eternal made it crystal clear: Rakesh Ranjan has NOT resigned.
“We would like to clarify that as of today, there has been no resignation tendered by Rakesh Ranjan. He still continues to be part of the leadership team.”
That’s it. No drama. No mystery. Just a flat-out denial.
So… what gives?
A leading publication reported that Ranjan had stepped down and that Deepinder Goyal, Eternal’s founder and group CEO, had taken temporary charge of the food delivery division.
They even claimed that Eternal was actively looking for a replacement—with both internal and external candidates in the mix.
The story had all the ingredients for viral chaos: a surprise exit, leadership crisis, and whispers of corporate restructuring.
But according to Eternal—it was all noise.
Rakesh Ranjan isn’t just another name on the org chart. He’s been steering the ship in one of the most aggressive markets in Indian tech: food delivery.
Under his watch, Eternal’s food division has fought tooth and nail with Swiggy, Blinkit, and others. He’s been key to driving growth, streamlining logistics, and keeping the company competitive.
So when reports said he was out, it raised red flags and triggered instant speculation. Investors. Analysts. Employees. Everyone started asking: What’s really going on at Eternal?
Eternal’s statement says Ranjan hasn’t resigned—“as of today.” And while that’s technically true and probably accurate, the very existence of such a detailed report raises eyebrows.
Was someone tipped off? Was it a misunderstanding? Or are internal shifts happening quietly behind closed doors?
The company hasn’t said anything beyond the official line. But insiders know: where there’s smoke, there’s often something smoldering.
The reports also claimed that Deepinder Goyal had temporarily taken charge of the food delivery arm. Eternal didn’t confirm or deny that part.
But let’s be honest—Goyal is the kind of founder who steps in when needed. If there was even a hint of transition, he’d be the one holding the reins. So that part of the story? Not totally far-fetched.
Still, with Ranjan confirmed to be “still on the team,” it’s business as usual. For now.
Eternal (formerly Zomato) is no stranger to scrutiny. As one of the biggest names in Indian food tech, any shift at the top sends ripples through the market.
Competitors watch. Investors react. Employees start wondering about stability. And customers? They just want their food delivered on time.
That’s why Eternal jumped in fast to crush the rumors. Perception is everything—and in the fast-paced world of food commerce, you can’t afford uncertainty.
Right now, Rakesh Ranjan is still in his chair. Eternal says he’s still leading the food delivery business. And Deepinder Goyal? Quietly overseeing it all.
But the sudden rumor—and the speed of the company’s denial—makes you wonder what’s really happening behind the scenes.
Leadership shakeups don’t always hit the headlines until the contracts are signed. Until then, we’ll be watching—and waiting.
Because in the world of startups, anything can change in a single tweet.
