Funding · AI & Deep Tech

Deepinder Goyal raises $54M for wearable startup Temple

By Startup Enthusiast · 28 February 2026

What they do

Temple is a stealth-mode startup building wearable tech, deep-tech hardware and neurotechnology

It raised $54M in a friends-and-family round led by Deepinder Goyal, with Steadview Capital, Peak XV Partners and others

More than 30 Temple employees also invested at the same valuation, and the round drew founder friends and early Zomato backers

Deepinder Goyal has raised $54M for his new startup Temple, a wearable technology company.
The round is a friends-and-family round, with a post-money valuation of ~$190M.
Goyal himself led the round with Rs 104.07 crore (~$12.5M).
Other investors include Steadview Capital (Rs 90.49 crore), Peak XV Partners (Rs 54.30 crore), Dharana Fund (Rs 49.77 crore), and Aaroh Fund (Rs 18.10 crore).
InfoEdge Ventures and Dharana Capital also participated.
Angel investors include Vijay Shekhar Sharma (Paytm), Kunal Shah (CRED), Nithin Kamath (Zerodha), Nikhil Kamath (Zerodha), and several current or former Eternal executives.
More than 30 Temple employees invested personal capital at the same valuation, with no discount.

Deepinder Goyal stepped down as Group CEO of Zomato and Eternal just weeks ago.
He described Temple as a long-term venture separate from Zomato's food delivery and quick commerce.
The round drew participation from founder friends and early Zomato backers, regardless of eventual IPO.

Temple is a wearable technology startup currently in stealth mode.
Its product focus is on wearable tech, deep-tech hardware, and neurotechnology.
The company is hiring across embedded systems, computational neuroscience, and brain-computer interface engineering.

Product: A brain-monitoring wearable device designed to track health metrics.
Customers: Individual consumers interested in health and brain-monitoring technology.
How it makes money: Direct sale of wearable hardware devices to consumers.
What sets it apart: Claims to be the smallest wearable device on the market.
Operations: Manufacturing is outsourced to partners like Zetwerk and Ethereal Machines.