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 said in a publish on X that Temple had raised funds in a friends-and-family spherical from founder associates and early Zomato backers, at a post-money valuation of about $190 million. Greater than 30 staff participated on the similar valuation, he stated.
Goyal stepped down as chief government 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 serious transition for Goyal after almost 20 years on the helm of the meals supply firm he co-founded in 2008.
Temple is likely 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 monitor cerebral blood stream.
In a separate publish on X earlier Friday, he stated Temple aims to build what he referred to as “the final word wearable for elite efficiency athletes,” claiming the system would measure metrics that current wearables can not. He additionally outlined an expansive hiring push spanning embedded methods, computational neuroscience, and mind–laptop interface engineering.
The startup is coming into an more and more crowded and well-funded wearables market, the place corporations akin to Whoop, Oura, and Garmin have spent years refining gadgets that monitor sleep, restoration, and athletic efficiency. Whether or not Temple can meaningfully differentiate its know-how 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 committed $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 just lately expanded into protection know-how with the acquisition of early-stage agency Sharang Shakti.
Goyal constructed his fame at Zomato, which he co-founded with Pankaj Chaddah and spent almost 20 years constructing into certainly one of India’s largest meals supply platforms earlier than stepping down as chief government earlier this 12 months.
Chaddah exited the corporate in 2018, as Zomato continued to consolidate its place via acquisitions, together with the acquisition of Uber Eats’ India enterprise in 2020 and grocery supply platform Blinkit — then generally known as 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 give attention to efficiency and well being know-how.
Goyal declined to remark additional on Temple.
