India, Jan. 25 -- In what could be the hottest top-level rejig in the Indian startup ecosystem, Eternal founder Deepinder Goyal stepped down as the group CEO of the company (effective February 1), passing the buck to Blinkit cofounder and chief Albinder Dhindsa.
Alongside the announcement last week, the consumer services major posted blockbuster third-quarter results, with Blinkit hitting its first quarter of adjusted EBITDA profitability. Eternal's consolidated net profit soared 73% YoY to INR 102 Cr, while operating revenue zoomed 3X YoY to INR 16,315 Cr.
What surprised many, however, was Goyal's decision. What does it mean for Eternal and its future, and how will the company change under the new leadership?
Before we get there, what...
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