Weeks after stepping down as CEO from meals supply service Zomato and its guardian Everlasting, Indian entrepreneur Deepinder Goyal is again with a $54 million increase for wearable startup Temple, a part of what the 43-year-old earlier described as a shift towards “higher-risk exploration and experimentation.”
On Friday, Goyal stated in a publish on X that Temple had raised funds in a friends-and-family spherical from founder mates and early Zomato backers, at a post-money valuation of about $190 million. Greater than 30 workers participated on the similar valuation, he stated.
Goyal is main the funding spherical, adopted by Steadview Capital, in keeping with regulatory filings reviewed by TechCrunch. Different buyers embrace Peak XV Companions, InfoEdge Ventures, and Dharana Capital, alongside angel buyers similar to Vijay Shekhar Sharma of Paytm, Kunal Shah of CRED, Nithin Kamath and Nikhil Kamath of Zerodha, in addition to present and former Everlasting executives together with Akshant Goyal, Aditya Mangla, Kunal Swarup, Akriti Chopra, and Rahul Ganjoo.
Goyal stepped down as chief govt of Zomato and its guardian, Everlasting, in January, handing the position to Albinder Dhindsa, who leads the quick-commerce unit Blinkit. The transfer marked a significant transition for Goyal after practically 20 years on the helm of the meals supply firm he co-founded in 2008.
Temple is without doubt one of the clearest expressions but of that shift. The startup is concentrated on constructing a high-performance wearable for elite athletes, an space Goyal has described as ripe for deeper technological innovation.
Throughout a January dialog with podcaster Raj Shamani, Goyal described Temple’s wearable as a sensor designed to sit down on the wearer’s temple and constantly observe cerebral blood circulation.
In a separate publish on X earlier Friday, he stated Temple goals to construct what he known as “the last word wearable for elite efficiency athletes,” claiming the machine would measure metrics that current wearables can not. He additionally outlined an expansive hiring push spanning embedded methods, computational neuroscience, and brain-computer interface engineering.
The startup is coming into an more and more crowded and well-funded wearables market, the place firms similar to Whoop, Oura, and Garmin have spent years refining units that observe sleep, restoration, and athletic efficiency. Whether or not Temple can meaningfully differentiate its expertise stays an open query.
The push into Temple is a part of a broader shift in Goyal’s funding focus. In October 2025, he stated he had dedicated $25 million of his personal capital to a different new enterprise, Proceed Analysis, which is exploring methods to increase human lifespan. He’s additionally a co-founder of aviation startup LAT Aerospace, which lately expanded into protection expertise with the acquisition of early-stage agency Sharang Shakti.
Goyal constructed his repute at Zomato, which he co-founded with Pankaj Chaddah and spent practically 20 years constructing into considered one of India’s largest meals supply platforms earlier than stepping down as chief govt earlier this yr.
Chaddah exited the corporate in 2018, as Zomato continued to consolidate its place by acquisitions, together with the buy of Uber Eats’ India enterprise in 2020 and grocery supply platform Blinkit — then often called Grofers — for $568 million in 2022.
Earlier than Temple, Goyal had additionally backed well being and health startups, together with Ultrahuman, an India-based wearable maker that competes with Oura’s good ring, underscoring his rising deal with efficiency and well being expertise.
Goyal declined to remark additional on Temple.
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