Eternal, Zomato's Parent Company, Leases Massive Office Space in Mumbai
Eternal, the parent entity of Zomato, has leased a large office space in Mumbai, spanning 84,157 square feet, at a monthly rental of Rs 1.34 crore. This move underlines the company's commitment to expansion and growth in the Indian market.
ZomatoEternalMumbaiOffice SpaceReal EstateReal Estate MumbaiMay 16, 2025
The new office is located in a prime area of Mumbai, known for its bustling business environment and affluent real estate market. The decision to lease such a large space is not only a testament to the company's growing workforce but also a strategic move to accommodate future expansion plans. Mumbai, being the financial capital of India, offers a conducive environment for businesses to thrive, and Eternal's choice of location is a clear indication of its long-term vision.
Zomato, founded in 2008, has grown exponentially over the years, transforming from a simple restaurant discovery platform to a comprehensive ecosystem that includes food delivery, hyperlocal grocery delivery, and online food ordering. The company's success can be attributed to its innovative business model and strong customer focus. With the increasing demand for digital services, especially in the wake of the pandemic, Zomato has seen a significant surge in its user base and revenue.
The new office space will serve as a hub for various departments, including technology, operations, customer support, and marketing. It will also provide a centralized location for collaboration and innovation, fostering a dynamic and productive work environment. The modern infrastructure and amenities of the office are designed to enhance employee well-being and productivity, ensuring that the team can work efficiently and effectively.
Eternal's decision to invest in a large office space in Mumbai also reflects the company's confidence in the Indian economy and its potential for growth. The Indian market is one of the fastest-growing in the world, with a young and tech-savvy population that is increasingly adopting digital services. This presents a significant opportunity for companies like Zomato to expand their reach and deepen their market presence.
In addition to Zomato, Eternal has a diverse portfolio of ventures, including investments in other startups and businesses. The company's strategic investments and partnerships have played a crucial role in its growth and success. By leasing this large office space, Eternal is positioning itself to capitalize on future opportunities and maintain its competitive edge in the market.
The move to a larger office space is also expected to have a positive impact on the local economy. It will create job opportunities and contribute to the city's economic development. Moreover, the presence of a major player like Eternal in the area is likely to attract other businesses, fostering a vibrant business ecosystem.
In conclusion, Eternal's decision to lease a large office space in Mumbai is a significant step in the company's growth journey. It underscores the company's commitment to expanding its operations and enhancing its presence in the Indian market. With a strong focus on innovation and customer satisfaction, Eternal and Zomato are well-positioned to continue their upward trajectory and make a lasting impact in the industry.
Frequently Asked Questions
What is Eternal's relationship with Zomato?
Eternal is the parent company of Zomato, a popular food delivery and restaurant platform.
Where is the new office space located?
The new office space is located in a prime area of Mumbai, India.
How much area does the new office space cover?
The new office space spans 84,157 square feet.
What is the monthly rental for the new office space?
The monthly rental for the new office space is Rs 1.34 crore.
What departments will be housed in the new office?
The new office will house various departments including technology, operations, customer support, and marketing.
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