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Eternal's CEO Resigns Amid Regulatory Challenges in India

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by Rajesh Kumar

2 hours ago


In a significant shift within the Indian tech landscape, Deepinder Goyal has stepped down as Group CEO of Eternal, the company formerly known as Zomato. His resignation marks a pivotal moment as he aims to pursue innovative ventures that may not fit within the confines of a publicly traded entity. According to the official information, this decision reflects a growing trend among tech leaders seeking greater creative freedom.

Goyal's Decision to Resign

Goyal's decision to resign is driven by his desire to explore high-risk, experimental ideas that could potentially reshape the industry. This move reflects a growing trend among Indian entrepreneurs who are increasingly seeking the freedom to innovate without the constraints imposed by regulatory bodies.

Impact of Regulatory Pressure

As Indian regulators tighten their grip on global firms, local business leaders are feeling the pressure to adapt. Goyal's departure from a structured corporate environment highlights the challenges faced by companies operating under stringent legal frameworks, prompting a reevaluation of how innovation can thrive in such conditions.

In a notable development, Simon Milner, the Vice President of Public Policy for Asia-Pacific at Meta, has stepped down, raising questions about the company's future amid increasing regulatory scrutiny. This contrasts with Deepinder Goyal's recent resignation from Eternal, highlighting a trend among tech leaders seeking greater creative freedom. For more details, see read more.

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