ETtech Explainer: Why Zomato’s Goyal is back in the food delivery hot seat

The top echelons of Eternal, formerly Zomato, have seen a big shift. Rakesh Ranjan stepped down from the office of chief executive of the group’s food delivery business, Zomato, within two years of his elevation, people aware of the matter told ET. Founder Deepinder Goyal will fill in till a permanent replacement is found; a few internal and external names are under consideration.

Ranjan stays part of the leadership team at Eternal, the company told exchanges in response to our report. The internal reshuffle is an ongoing effort to optimise operational…