Eternal Limited Increases Investment in Nugget Enterprise AI Platform as Q1 Others Segment Loss Reaches $9.7M

According to its shareholder letter, Eternal Limited—the Indian parent company of Zomato and Blinkit—increased investment in Nugget, its enterprise AI platform, in Q1 FY27. The Others product segment posted an EBITDA loss of 940 million rupees (US$9.7 million), compared to 450 million rupees (US$4.66 million) a year earlier. Eternal attributed the quarter-on-quarter loss increase largely to R&D spending as Nugget expanded its AI capabilities. The platform automates workflows across voice and chat channels and was initially developed for Eternal's own businesses before expanding to enterprises globally.
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