India, April 24 -- The chief executive of Eternal's (formerly Zomato) food delivery business, Rakesh Ranjan, has reportedly stepped down from his role after two years.

Sources told the Economic Times that Ranjan's departure as CEO is part of an ongoing reshuffle exercise within the company. Ranjan, however, reportedly continues to serve at the foodtech major in a "different capacity".

"There's an internal reshuffle underway, and as part of that, Ranjan is stepping down from his position as food delivery CEO. Deepinder (Goyal) will be overseeing the vertical until a permanent replacement is finalised," a source reportedly said.

As per the report, the company plans to appoint a new successor in the next few months and is considering a "f...