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Zomato appoints Aditya Mangla as CEO
Eternal Ltd, the parent company of food delivery aggregator Zomato, has appointed Aditya Mangla as the CEO, it informed stock exchanges on Sunday.
The company’s Board approved Mangla's appointment as Director on 6 July, and it is effective for two years. He will also be designated as Senior Management Personnel (SMP).
Mangla takes over the role from Rakesh Ranjan, who has completed a two-year term as CEO of the food ordering and delivery business. Ranjan will no longer be a senior management personnel with effect from 6 July 2025, as disclosed by the company in a regulatory filing.
Deepinder Goyal's message
Founder Deepinder Goyal said that this isn’t just a change of role. “It’s a signal for the kind of leadership we need as we move into our next chapter. We need leaders and teams who can navigate complexity with decisiveness and humility. Leaders who can move fast but stay thoughtful. And who carry the courage to make decisions even when the outcomes are uncertain, and have the strength to stand by them or change their minds when needed,” said Goyal in an email to employees.
Mangla is currently the head of product at Eternal. The Carnegie Mellon University postgraduate joined the company in March 2021 and has since held multiple roles, including head of product, head of supply and head of customer experience. Before joining Eternal, he worked in various product, marketing, and P&L leadership roles at startups and technology firms.
Zomato's losses
In Q4 FY25, Deepinder Goyal's Eternal reported a sharp 77% year-on-year drop in net profit to ₹39 crore, even with a 64% rise in revenue to ₹5,833 crore.
Zomato had shut down its ‘Quick’ and ‘Everyday’ services because of poor customer experience, operational challenges, and lack of demand. Now, the startup wants to streamline delivery times to 20-25 minutes with improved logistics to align with its sustainable growth strategy.