CompareQuick commerce
Eternal vs Zepto
Zepto: 25 reports on deals in 90 days, against 1 for Eternal. Eternal leads on results: 22 against 3 for Zepto.
Latest behind it: Zepto paused IPO in August as Indian listing valuations fell
- Eternal
- 42 reports in 90 days
- 15 in the 90 days before; most on results (22)
- Zepto
- 52 reports in 90 days
- 71 in the 90 days before; most on deals (25)
Free account. New reports on either brand collect on your Following page as they publish.
Side by side
Counts are the reports we hold on each brand: one event counted once, phone and car launches and news outside retail left out. They show where each brand made news, not market share or store totals.
- 9 SeptZepto · Valuation reset puts Zepto and PhonePe IPO plans under sharper scrutiny
- 15 SeptEternal’s Deepinder Goyal says investors should back teams over ideas
- 24 SeptZepto co-founders top M3M Hurun’s youngest rich listers ranking
- 26 SeptEternal, Nykaa growth improves, but valuations still demand profit proof
- 1 OctZepto paused IPO in August as Indian listing valuations fell
- 9 OctEternal's Zomato and Blinkit onboarded 3.1 lakh delivery partners in FY26, up 57%
Moves to read first
- Eternal sets 21 October for Q2 FY27 results, with earnings call at 5:00 PM IST
Eternal CEO Deepinder Goyal said 31 lakh Indians earned as Zomato and Blinkit delivery partners in FY26, up 57% year-on-year.
- Zepto rides the Hallyu wave: ramen searches top 4.6 lakh as India's K-beauty market eyes $1.5 bn by 2030
Zepto saw ramen searches cross 4.6 lakh and Korean noodle searches pass 1 lakh as Korean food and beauty demand grows.
- Eternal, Nykaa growth improves, but valuations still demand profit proof
Eternal (formerly Zomato) · India’s 2021 new-age IPO cohort, including Eternal/Zomato and Nykaa, has delivered strong growth and improving margins, but…
- Zepto paused IPO in August as Indian listing valuations fell
India’s IPO valuations fell to a median price-to-book ratio of 7.4 times in 2026 for deals raising at least 10 billion rupees.
- Unicommerce and Urban Company expand partnership to Saudi Arabia and UAE
Eternal · Indian consumer-platform stocks moved higher, led by Shiprocket after a reported Goldman Sachs bulk-deal stake.
- Zepto and Instamart push private labels into fresh produce
Zepto and Swiggy Instamart are extending private labels into fresh produce through Bloom and Nectr, aiming to capture 35-45% margins.
What to watch
Eternal ·
Q2 FY27 results: EBITDA margin below Q1's 2.9% (NDTV Profit, 23 Jul)What it would mean: FMCG brands that Eternal stocks should expect tougher terms as it defends its margin.
Keep tracking them
Every report behind this page
Eternal: 42 reports in the last 90 days
- Eternal sets 21 October for Q2 FY27 results, with earnings call at 5:00 PM IST
- Joindre Capital rates Eternal Buy with ₹390 target as Blinkit's long-term margin guidance moves to around 6%
- Eternal's Zomato and Blinkit onboarded 3.1 lakh delivery partners in FY26, up 57%
- ICICI Securities keeps Buy on Eternal with Rs 425 target as Blinkit nears 3,000 dark stores
- BofA sees Nifty earnings up 18% in Q2FY27 as Eternal's 2.5-fold profit lifts discretionary earnings 303%
- Jefferies Q2 preview: Eternal sales seen at Rs 20,648 crore, Swiggy loss at Rs 1,068 crore
- Eternal, Nykaa growth improves, but valuations still demand profit proof
- Motilal Oswal backs Eternal over Swiggy on Blinkit’s quick-commerce scale edge
- Analyst recommends Eternal buy above ₹342, targets ₹375 in two months
- Proposed UPI MDR would have limited impact on Eternal and Swiggy, says Elara
- Eternal’s Deepinder Goyal says investors should back teams over ideas
- BNP Paribas, Millennium affiliate sell ₹3,265 crore Eternal stake
- Bernstein adds Eternal to India portfolio, drops DMart on quick-commerce risk
- Eternal to cut about 250 jobs as it closes Hyderabad support centre
- Deepinder Goyal outlines impact-first vision after moving to Eternal vice chairman role
- CLSA backs Eternal, DMart and Nykaa; flags Blinkit’s user-growth lead
- Minimum-wage hikes squeeze margins at retailers, quick-commerce and logistics firms
- Eternal flags risk to achieving 100% EV deliveries by 2030
- Citi flags Eternal and Info Edge as top new-age internet picks after stronger Q1 trends
- Unicommerce and Urban Company expand partnership to Saudi Arabia and UAE
- Maharashtra suspends permits for 12 Eternal, Swiggy and Zepto warehouses
- Eternal’s District expands into offline shopping, targets $3bn in order value by FY30
- Eternal, CARS24, Paytm and Razorpay push internal AI tools toward commercial use
- Eternal Spins Out Nugget AI Platform to Sell Enterprise Support Tech Externally
- Analyst favours Eternal over Zepto ahead of quick-commerce IPO race
- Eternal shifts Blinkit strategy from market share to returns as profitability improves
- CCI clears Eternal’s pricing model, dismisses dominance-abuse complaint
- Eternal’s Q1 profit halves as Blinkit posts record operating profit
- Brokerages bullish on Eternal; CLSA sees 75% upside with ₹506 target
- Eternal shares rise 2% as June-quarter revenue jumps 182%
- Blinkit targets 3,000 stores by FY27-end as Eternal scales quick commerce
- Motilal Oswal retains Buy on Eternal and Arvind Fashions, sees up to 41% upside
- Brokerages lift Eternal targets as Blinkit’s profitability outlook improves
- Blinkit adds 200 stores as Q1 GOV jumps 86%, lifting Eternal’s growth outlook
- Eternal says quick-commerce discounting will ease as Blinkit turns EBITDA-positive
- Dolat retains Sell on Eternal, sees nearly 30% downside despite Blinkit-led Q1 revenue beat
- Blinkit turns EBITDA-positive as Eternal dismisses budget-delivery rivals
- Eternal Q1 profit rises to ₹92 crore; transfers Nugget by Zomato to Carthero
- Eternal posts ₹92 crore Q1FY27 profit, up 268% year-on-year
- Eternal sets July 22 Q1FY27 results; Blinkit growth and margins in focus
- Deepinder Goyal on building enduring companies as he shifts focus beyond Eternal
- Eternal, Paytm headline Q1 FY27 earnings slate as Blinkit NOV surges 84% YoY
Zepto: 52 reports in the last 90 days
- Zepto's Pawrush Elavia on 25 September: Google and Meta scale can still deliver repetitive reach
- Zepto rides the Hallyu wave: ramen searches top 4.6 lakh as India's K-beauty market eyes $1.5 bn by 2030
- Zepto's ad revenue surges 151% to Rs 1,636 crore in FY26 as IPO nears, per updated DRHP
- Zepto paused IPO in August as Indian listing valuations fell
- Zepto co-founders top M3M Hurun’s youngest rich listers ranking
- Valuation reset puts Zepto and PhonePe IPO plans under sharper scrutiny
- Maharashtra FDA suspends Zepto’s Kalwa food licence over hygiene and storage lapses
- Quick commerce targets festive baskets beyond grocery as India e-commerce heads toward $345B
- Quick commerce reshapes India’s festive e-commerce race as non-metro demand accelerates
- Zepto, Oravel Stays, Jio Platforms and PhonePe feature in ₹4.62 lakh crore IPO pipeline
- Zepto and Instamart push private labels into fresh produce
- Zepto raises free-delivery threshold to ₹199, with ₹299 peak-demand minimum
- Quick-commerce platforms push premium grocery formats to lift order values and margins
- Mumbai FDA suspends Zepto Chembur food licence over hygiene lapses
- Zepto defers IPO as valuation gap and profitability concerns sharpen
- Zepto’s IPO filing puts ₹22,624 crore FY26 revenue against a ₹5,905 crore net loss
- Zepto facility sealed in Bengaluru food-safety crackdown
- Zepto and The Hindu launch 1947 newspaper as a limited-edition collector's piece
- Food-safety action puts Zepto and Blinkit facilities under scrutiny
- Karnataka FDA seals Zepto’s Hoskote dark store over food-safety violations
- Bengaluru food-safety officials seal Zepto warehouse over hygiene lapses
- Zepto warehouse near Bengaluru flagged for ‘extremely unhygienic’ conditions
- Zepto faces valuation pressure as Amazon and Flipkart accelerate quick-commerce expansion
- Zepto’s ₹5,106 crore IPO remains on hold in SEBI-approved pipeline
- CCPA orders Zepto and seven platforms to remove dark patterns; Zepto fined ₹7 lakh
- Zepto, PhonePe, Oyo and boAt among consumer firms in India’s IPO pipeline
- CCPA intensifies dark-pattern crackdown, fines Zepto ₹7 lakh
- Zepto’s IPO runway puts its young founders on billionaire watch
- Zepto defers IPO, eyes ₹1,000 crore-plus pre-IPO raise
- Zepto, Blinkit and Amazon emerge as competing marketing channels for brands
- India’s IPO slowdown pushes Zepto to pre-IPO sale; PhonePe delays listing
- Zepto completes pre-IPO equity placement as it readies for planned listing
- Zepto sets pre-IPO placement at $4.5bn valuation, plans DRHP update
- Zepto confirms pre-IPO placement, targets listing within SEBI-approved timeline
- Zepto delays IPO by 2–3 quarters as pre-IPO valuation expectations reset
- Zepto plans ₹1,000 crore pre-IPO round before returning to public markets
- Zepto to exclusively sell limited reprints of The Hindu’s August 15, 1947 edition
- Zepto IPO plans stall as unlisted shares fall over 50% from peak
- Zepto likely pauses IPO as investor bids fall short of valuation target
- Zepto co-founder Kaivalya Vohra’s rise spotlights quick commerce’s dark-store playbook
- Zepto joins India’s new wealth engines as rich list grows younger
- Zepto lines up ₹2,298 crore anchor book for ₹5,106 crore IPO at $3bn valuation
- Delhi HC restrains Zepto Finance from using Zepto trademark
- Zepto eyes ₹10,000–11,000 crore IPO as August listings pipeline builds
- Top funds seek deeper valuation cut for Zepto’s planned ₹8,010 crore IPO
- Zepto, Shiprocket among companies eyeing ₹25,000 crore-plus August IPO haul
- Zepto, Shiprocket and Milky Mist line up for August 2026 IPOs
- Zepto lines up IPO with up to ₹8,010 crore fresh issue
- Zepto Leads on Store Productivity, but Losses Raise Stakes for ₹8,000 Crore IPO
- Zepto stops selling glue traps after PETA India flags their prohibition across India
- Fino Payments Bank Jumps 29% as New-Age Tech Stocks Post Mixed Week; Zepto Eyes Sub-$7 Bn IPO
- Zepto may cut IPO size 20% as investor bids peg valuation at $3.5-4B, half its $7B mark
Newest report . Rival pairs are the brands our reports name together that compete in the same format. All comparisons · Report an error